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Business News

Fed leaves key rate unchanged as it awaits the impact of tariffs

WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March. The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the ...

Kraft Heinz pulling artificial dyes from its US products in 2027

Kraft Heinz will be pulling artificial dyes from its U.S. products starting in 2027 and will no longer roll out new products with the dyes. The move comes nearly two months after U.S. health officials said that they would urge foodmakers to phase out petroleum-based artificial colors in the ...

Trump will sign an order extending deadline for TikTok’s sale

WASHINGTON (AP) — President Donald Trump will sign an executive order this week to extend a deadline for TikTok’s Chinese owner to divest the popular video sharing app, the White House announced Tuesday. Trump had signed an order in early April to keep TikTok running for an additional 75 ...

Agency releases workforce guide

A resource designed to help businesses in Ashtabula, Trumbull, Mahoning and Columbiana counties navigate the talent landscape and tap into regional education and training assets is available. Lake to River Economic Development announced last week the release of its 2025 Workforce, Education ...

BRITE announces leader’s departure

WARREN — The CEO of a nonprofit energy-tech incubator based in downtown Warren is stepping down as part of a planned leadership transition, BRITE Energy Innovators announced last week. Rick Stockburger, who has served as BRITE’s first CEO for nearly eight years, will be assuming “a ...

Surprising market winners in 2025

Investors brave enough to peek at their account statements know that it’s been a rocky 2025. Even before tariff-related volatility, DeepSeek AI’s launch clouded the major technology theme that powered the market in 2023 and 2024, as AI stocks entered a bear market in March. But there ...