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Wall Street slips from its record following the latest weak update on the US economy

NEW YORK (AP) — The U.S. stock market edged back from its all-time high Friday following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers. Such data could keep interest rates low, which is something Wall Street loves, but it also raises the risk of a slowing economy when inflation is still high. The S&P 500 slipped 0.2% from its record set the day before. The Dow Jones Industrial Average dipped 107 points, or 0.2%, and the Nasdaq composite sank 0.3%. Stocks gave up modest gains from early in the morning after ...

Woman charged with felonious assault in Friday knife fight

YOUNGSTOWN — Perstephanie Parker, 49, was set for arraignment Friday afternoon in Youngstown Municipal Court on two counts of felonious assault in an early Friday incident on Cassius Avenue on the East Side in which three women were stabbed. A Youngstown police report states that officers were called to Cassius Avenue at 3:38 a.m. by Parker, who said two women cut Parker’s hand after an argument about her brother broke out and the women charged at her with a knife. If Parker is convicted of the charges, she could get more than 10 years in prison. However, when police spoke with ...

Affordability crisis decried at Valley town hall

LORDSTOWN — Everything was working like a well-oiled machine when Samm Lewis moved into her unit designed for those of middle income, but after the COVID-19 crisis, not so much. “Services have disappeared, and the carpets are threadbare,” Lewis, 74, of Warren, said about conditions at ...

Property transfers for Aug. 15

Property transfers recorded in Mahoning County for July 27 to 31 and portions of Trumbull County for Aug. 3-7: Austintown Brandon Barbe and Shelbie L. Barbe to Amy E. Jordan and Joshua M. Fannin, 6905 Winter Park Ave., $330,000 Mindy B. Marshall to David Deley, 5547 Cider Mill Xing, $325,000 Jon A. Pancoe and Theresa M. Pancoe to Caleb James Decker and Jennifer Renee Decker, 5452 W. Webb Road, $235,000 Greenford Christian Church to Lynn Louis LLC, 701 N. Four Mile Run Road, $580,000 Manhattan Group LLC, an Ohio limited liability company to Shawn Mayes and Mary Kay Mayes, 4852 ...

City to acquire 7 Youngstown school district properties

YOUNGSTOWN — City Council will consider legislation Monday to allow the board of control to spend $120,000 to buy the former Mary Haddow Elementary School for potential economic development. The school district closed the building, 2800 Oak St. Extension, to classroom instruction in 2008 and then used it for record storage. It’s been empty for years. The city wants to use the East Side building for senior citizen housing with the hope that will spur other housing projects to be built nearby, said DeMaine Kitchen, the city’s director of community planning and economic ...

Nation and world at a glance for Aug. 15

Trump seeks OK to resume construction of ballroom WASHINGTON — President Donald Trump’s administration has asked the U.S. Supreme Court to allow the White House to continue construction on its $400 million ballroom project while it appeals a lower court’s order to halt the work. Chief Justice John Roberts has set a deadline of Tuesday for a response by plaintiffs challenging the ballroom project. Trump’s solicitor general on Friday petitioned the high court to suspend last week’s decision by a three-judge panel from the U.S. Court of Appeals for the District of Columbia ...