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Applications for jobless benefits fall

The number of Americans filing for jobless benefits fell modestly, remaining in the historically low range since the economy emerged from the COVID-19 pandemic. Applications for unemployment benefits for the week ending Aug. 9 fell by 3,000 to 224,000, the Labor Department reported last week. That’s below the 230,000 new applications that economists had forecast. [...]

By |2025-08-20T15:43:32-04:00Monday, August 18, 2025|

Back-to-school shopping to reach $33.3B this year

NEW YORK (AP) — The possibility of price increases from new American tariffs on imports motivated more shoppers this year to get a jump start on back-to-school shopping, according to retail analysts. Retail and technology consulting company Coresight Research estimates that back-to-school spending from June through August will reach $33.3 billion in the United States, [...]

By |2025-08-20T15:43:39-04:00Monday, August 18, 2025|

N.Y. attorney general sues Zelle’s parent company

NEW YORK (AP) — New York’s attorney general has sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case. Attorney General Letitia James, a Democrat, sued Early Warning Services in New York state court, alleging that the company, which is owned by a group [...]

By |2025-08-20T15:43:45-04:00Monday, August 18, 2025|

LA Olympics to sell naming rights to some venues for 2028

Organizers of the Los Angeles Olympics will sell naming rights for a handful of its venues in deals expected to bring multiple millions of dollars to the 2028 Games while breaking down the International Olympic Committee’s long-sacrosanct policy of keeping brand names off its arenas and stadiums. The organizing committee announced the deal last week, [...]

By |2025-08-20T15:43:50-04:00Monday, August 18, 2025|

Ohio tourism industry’s economic impact grew to $57B last year

A new report from the state Department of Development shows that Ohio attracted nearly 242 million tourist visits in 2024, up 3.5 million from the year before. Across Ohio, visitor activity generated $57 billion in economic impact last year, up from $56 billion the previous year, and $4.7 billion in state and local tax revenues, [...]

By |2025-08-20T15:44:03-04:00Monday, August 18, 2025|

Columbus among cities included in Amazon’s expansion of its perishable delivery service

NEW YORK (AP) — Amazon is rolling out a service through which its Prime members can order their blueberries and milk at the same time as non-perishable items such as batteries and T-shirts and get them within hours. The online shopping site last week announced that customers in more than 1,000 cities and towns including [...]

By |2025-08-20T15:44:11-04:00Monday, August 18, 2025|

Wholesale prices increase 3.3 percent from a year ago, but profit margins also rise

WASHINGTON (AP) — The Labor Department last week reported that its producer price index — which measures inflation before it hits consumers— rose 0.9 percent last month from June, the biggest jump in more than three years. Compared with a year earlier, wholesale prices were 3.3 percent higher. The numbers were higher than economists had [...]

By |2025-08-20T15:44:13-04:00Monday, August 18, 2025|

Cash-out home refinancing reaches nearly 3-year high

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter, according to data from home loan data tracker ICE Mortgage Technology. In a cash-out refinance, a homeowner takes out a loan for more [...]

By |2025-08-18T09:59:55-04:00Friday, August 15, 2025|
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