Wall Street records worst drop since Iran war as the Nasdaq sinks 10% below its record high

March 27, 2026

NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran. The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week. That stretches back to before the Iran war began, and it would be the longest such losing streak in nearly four years. The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high set early this year. That’s a steep enough drop that ...

DJV Carpet wins charity pinball competition

March 26, 2026

Staff report GIRARD — Forty-two teams of four players each competed Tuesday afternoon in the second annual Corporate Pinball Challenge & Fundraiser at Past Times Pinball and Video Arcade in Girard through a partnership with the Youngstown/Warren Regional Chamber. Each team played for a ...

Chances of a Federal Reserve rate cut fade as inflation worsens

March 25, 2026

WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates. Longer-term interest rates have risen quickly since the war began Feb. 28, pushing up the cost of mortgage loans, auto loans, and business borrowing. And with inflation measures likely to rise in the coming months, the prospect of interest rate cuts this year by the Federal Reserve is fading. Wall Street investors instead see the odds rising of an actual rate hike instead. The fact that a rate hike has become a ...

Hundreds go on strike at major Navy shipbuilder in Maine over wages, benefits

March 24, 2026

PORTLAND, Maine (AP) — Hundreds of designers, clerks and technicians went on strike Monday in Maine at one of the U.S. Navy’s largest shipbuilding contractors. The Bath Marine Draftsmen’s Association went on strike at General Dynamics Bath Iron Works after members voted to reject the ...

Stretch your fuel

March 21, 2026

DETROIT (AP) — When gas prices spike, filling up gets more painful. But consumers can do something to stretch their fuel just a little farther: Change the way they drive. “It’s a hard one to swallow, right? You gotta put gas in to go about your day and get to work and pick the kids up ...

Cold stifles vehicle sales in February

March 21, 2026

Staff report Mahoning Valley’s franchised dealers, like its Northern Ohio counterparts, suffered a freeze in new vehicle sales following the release of the February’s figures. The Greater Cleveland Automobile Dealers’ Association, based in Broadview Heights, said new vehicle sales of 31,798 marked a 7.89% decrease for the year, compared to the first two months of 2025. Dealers in Mahoning, Trumbull and Columbiana counties sold 1,715 new vehicles in January and February and 1,816 during the same period in 2025. The drop of 101 vehicles represented a decrease of approximately ...