Applications for jobless benefits rise
WASHINGTON (AP) — More Americans filed for unemployment benefits, but layoffs remain in the same historically healthy range of the past few years. Applications for unemployment benefits for the week ending Aug. 16 rose by 11,000 to 235,000, the Labor Department reported last seek. That’s slightly more than the 229,000 new applications that economists had [...]
Central Ohio home inventory is highest in nearly a decade
The number of homes for sale in central Ohio is the highest it’s been in nearly a decade, according to a new report from Columbus Realtors. Housing inventory in central Ohio is up 20.8 percent from a year ago and 8.7 percent just from June to July. Last month there were 5,638 single-family homes and [...]
Ohio Supreme Court reverses appellate decision in guaranty agreement dispute
The Supreme Court of Ohio reversed an appellate decision that had determined Huntington National Bank owed the co-owner of a collection of skilled-nursing facilities a duty to disclose facts that materially increased his risk in a refinancing deal undertaken by his business partner. The court reasoned that because Ohio contract law does not require a [...]
Walmart sales up in 2Q; retailer increases annual profit and sales outlook
NEW YORK (AP) — Walmart Inc. last week reported increases in second-quarter profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials to offset worries that new American tariffs may make a variety of goods more expensive. The nation’s largest retailer also increased its annual profit and sales outlook. [...]
Gabbard cutting intelligence office workforce, reducing budget by more than $700M
WASHINGTON (AP) — The Office of the Director of National Intelligence will reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced last week. The move amounts to a downsizing of the office responsible for coordinating the work of 18 intelligence agencies, including on counterterrorism and counterintelligence. “Over [...]
Pew: Illegal immigration hit record 14 million in 2023
The number of people in the United States illegally surged to an all-time high of 14 million in 2023, a research group said, a major increase that still falls short of estimates from President Donald Trump and some critics of immigration. The Pew Research Center’s closely watched gauge rose from 11.8 million a year earlier [...]
FTC sues LA Fitness over cancellation policies
NEW YORK (AP) — The U.S. Federal Trade Commission is suing the operators of LA Fitness over allegations that they make it “exceedingly difficult” for consumers to cancel gym memberships and other related services offered in their clubs nationwide. In a complaint, the FTC accused Fitness International and its subsidiary Fitness & Sports Clubs of [...]
U.S., EU issue written framework for trade deal
WASHINGTON (AP) — The United States and the European Union issued a joint statement last week that frames the ongoing deal between the trading partners and solidifies some trade commitments. “This Framework Agreement will put our trade and investment relationship — one of the largest in the world — on a solid footing and will [...]