by Charbel Lebbos | Sep 24, 2022 | Local Economy, Local News
After around-theclock negotiations, President Joe Biden said Thursday that freight railway companies and workers had reached a tentative agreement that will avert a rail shutdown that could have paralyzed the economy. Biden celebrated the deal alongside union leaders...
by Charbel Lebbos | Sep 21, 2022 | Local Economy
The latest projections for next year’s Social Security benefits show a slight decrease. Mary Johnson, Social Security and Medicare policy analyst for the Senior Citizens League, said August consumer price data shows a “weakness in (the) inflation adjustment system”...
by Charbel Lebbos | Sep 20, 2022 | Local Economy
Ohio sports fans have been waitingpatiently, and the time has come fortheir state to be one of the newest toadd legal Ohio sports betting. State legislatures took the time to iron outall the details, and now Ohio onlinesports betting will launch in January2023. Ohio...
by Charbel Lebbos | Sep 20, 2022 | Local Economy, Technology
Any student who borrowed federal money to take classes at ITT Technical Institute — a large for-profit college that closed in 2016 following government sanctions — will have their debts erased. The relief, about $4 billion in total, will benefit about 208,000...
by Charbel Lebbos | Sep 20, 2022 | Local Economy, World Economy
Americans have been warned for years of an impending retirement crisis. Yet the situation is getting worse. Even when everything wasgoing right — inflation wasnonexistent, interest rates werelow and stocks were in anextended bull market — therewas a multi-trillion...
by Charbel Lebbos | Sep 20, 2022 | Local Economy
COLUMBUS, Ohio – The board governing the Ohio’s teacher pension fund will consider a proposal on Thursday that could award $9.7 million in performance-based incentives to its investment associates, despite having lost $3 billion in the first 11 months of the...
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