Trump Administration Issues Less-generous Overtime Rule | September 24, 2019

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Trump administration has issued a rule that will make overtime pay available to 1.3 million additional workers, though the proposal replaces a more generous one advanced by former President Barack Obama. The Labor Department said Tuesday that it is raising the salary level that companies […]

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Trump administration has issued a rule that will make overtime pay available to 1.3 million additional workers, though the proposal replaces a more generous one advanced by former President Barack Obama. The Labor Department said Tuesday that it is raising...

Consumer Confidence Drops, Economic Uncertainties Rise | September 24, 2019

By BANI SAPRA AP Business Writer WASHINGTON (AP) — Consumer confidence fell sharply in September, a likely indication that growing economic uncertainties are taking a toll on American households. The Conference Board, a business research group, says its consumer confidence index fell to 125.1 in September from a revised August reading of 134.2. Consumers’ assessments […]

By BANI SAPRA AP Business Writer WASHINGTON (AP) — Consumer confidence fell sharply in September, a likely indication that growing economic uncertainties are taking a toll on American households. The Conference Board, a business research group, says its consumer confidence index fell to 125.1 in September from a revised August...

Ohio Jobless Rate Increases Slightly in August | September 20, 2019

COLUMBUS, Ohio (AP) — Ohio’s seasonally adjusted unemployment rate increased slightly from July to August. State officials on Friday said the unemployment rate was 4.1% in August, compared with 4% the previous month. Ohio’s unemployment rate stood at 4.6% in August 2018. The national rate was 3.7% in August, unchanged from July, and down from […]

COLUMBUS, Ohio (AP) — Ohio's seasonally adjusted unemployment rate increased slightly from July to August. State officials on Friday said the unemployment rate was 4.1% in August, compared with 4% the previous month. Ohio's unemployment rate stood at 4.6% in August 2018. The national rate was 3.7% in August, unchanged...

PNC Survey: Most Business Owners Are Optimistic | September 18, 2019

PITTSBURGH – Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured in spring 2018, according to the latest PNC semi-annual survey of small and mid-size business owners and executives. Optimism among business leaders about their own company is particularly strong at 55% compared to one year ago (51%) and […]

PITTSBURGH – Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured in spring 2018, according to the latest PNC semi-annual survey of small and mid-size business owners and executives. Optimism among business leaders about their own company is particularly strong at 55% compared to...

Chamber Receives $5K from Farmers Foundation | September 13, 2019

YOUNGSTOWN, Ohio – The Youngstown/Warren Regional Chamber has received a $5,000 donation from The Farmers Charitable Foundation to support its economic development initiatives. Among the initiatives operated by the Regional Chamber are JobsNow workforce development program and the Eastern Ohio Military Affairs Commission, which advocates on behalf of Youngstown Air Reserve Station and Camp James […]

YOUNGSTOWN, Ohio – The Youngstown/Warren Regional Chamber has received a $5,000 donation from The Farmers Charitable Foundation to support its economic development initiatives. Among the initiatives operated by the Regional Chamber are JobsNow workforce development program and the Eastern Ohio Military Affairs Commission, which advocates on behalf of Youngstown Air...

Business Execs Take Dimmer View of Economy | September 5, 2019

NEW YORK — Business executives hold their least optimistic view of the U.S. economy in three years, in part due to trade concerns and fears of a sustained global slowdown, according to the American Institute of CPAs. The organization’s third-quarter economic outlook survey polled chief executive officers, chief financial officers, controllers and other certified public […]

NEW YORK -- Business executives hold their least optimistic view of the U.S. economy in three years, in part due to trade concerns and fears of a sustained global slowdown, according to the American Institute of CPAs. The organization's third-quarter economic outlook survey polled chief executive officers, chief financial officers,...