Market for medical PPE never fully materialized

UNIVERSITY CITY, Mo. (AP) — When the coronavirus pandemic first hit the United States, sales of window coverings at Halcyon Shades quickly went dark. So the suburban St. Louis business did what hundreds of other small manufacturers did: It pivoted to make protective supplies, with help from an $870,000 government grant. But things haven't worked [...]

By |2022-04-14T12:28:57-04:00Wednesday, April 13, 2022|

Fed positions its inflation fight as battle against inequality

WASHINGTON — As the Federal Reserve intensifies its efforts to tame high inflation, its top officials are casting their aggressive drive in a new light: as a blow against economic inequality. That thinking marks a sharp reversal from the conventional view of the Fed's use of interest rates. Normally, the steep rate hikes the Fed [...]

By |2022-04-14T12:29:38-04:00Tuesday, April 12, 2022|

Yellen calls for crypto’s regulation, reducing risks to financial system

WASHINGTON — Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and ward off fraudulent or illicit transactions. One potential upside is that users would get documentation of their crypto dealings for use in filing their taxes. "Taxpayers should receive the same type of tax reporting on digital [...]

By |2022-04-14T12:29:45-04:00Tuesday, April 12, 2022|

Inflation hurts nonprofits’ ability to serve, fundraise

Last Mile Food Rescue in Cincinnati started shopping in November for a refrigerated box truck to move perishable donations from food retailers to distribution sites. The purchase would take some of the pressure off overstretched volunteers, who would have to make three or more runs in their cars to haul as much food as a [...]

By |2022-04-14T12:30:00-04:00Tuesday, April 12, 2022|

Biden bets strong job market will shield economy from slump

WASHINGTON (AP) — The nation’s economy faces plenty of threats: war in Ukraine, high grocery bills, spiking gasoline prices, splintered supply chains, the lingering pandemic and rising interest rates that slow growth. The Biden White House is betting the economy is strong enough to withstand these threats, but there are growing fears of a coming [...]

By |2022-04-14T12:30:05-04:00Tuesday, April 12, 2022|

Returning Matta aims to make Butler a high-caliber team again

INDIANAPOLIS — Thad Matta's first head coaching tenure at Butler lasted one season. This time, he hopes to stick around a little longer — with a familiar script that helped the Bulldogs reach unprecedented heights in the decade following his departure. Last week, more than 20 years after Matta left his alma mater, the 54-year-old [...]

By |2022-04-12T11:43:48-04:00Monday, April 11, 2022|
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