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Many retailers are selling holiday-themed products earlier than in past years

NEW YORK (AP) — In response to growing customer demand, many retailers, from Bath and Body Works and online holiday decor retailer Balsam Hill to Whole Foods Market and doughnut maker Krispy Kreme, are bringing out their festive collections weeks before the unofficial Nov. 1 start of the holiday shopping season. Inflation-weary shoppers may wait [...]

By |2024-10-22T13:04:50-04:00Thursday, October 17, 2024|

Inventory of homes for sale increased 4.2% last month

LOS ANGELES (AP) — Homebuyers in Seattle, Silicon Valley and many of the nation's other priciest markets are seeing a growing number of properties hit the market since mortgage rates have fallen from highs not seen in more than two decades. The number of newly listed homes for sale climbed 4.2 percent last month, according [...]

By |2024-10-17T13:03:31-04:00Wednesday, October 16, 2024|

Consumer prices increased 2.4 percent in September

WASHINGTON (AP) — Inflation dropped last month to its lowest point since it first began surging more than three years ago, according to a new federal government report. Consumer prices rose 2.4 percent in September from a year earlier, down from 2.5 percent in August, and the smallest annual rise since February 2021. Measured from [...]

By |2024-10-17T13:04:53-04:00Tuesday, October 15, 2024|

SBA disaster-loan program funding could run out ‘in a matter of weeks’

NEW YORK (AP) — The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene’s devastation. As is common after a disaster, the federal government is offering aid to small businesses that were in Helene’s path. The SBA is offering disaster loans for small businesses in some [...]

By |2024-10-15T14:34:20-04:00Friday, October 11, 2024|

Biden sets deadline for cities to replace lead water pipes

WASHINGTON (AP) — A decade after the Flint, Mich., water crisis raised alarms about the continuing dangers of lead in tap water, President Joe Biden is setting a 10-year deadline for cities across the nation to replace their lead pipes, finalizing an approach aimed at ensuring that drinking water is safe for all Americans. “We [...]

By |2024-10-11T12:42:21-04:00Thursday, October 10, 2024|

Many affordable housing tax credits are expiring

LOS ANGELES (AP) — A federal program established in 1986 and designed to increase the number of affordable rental units in the country led to the construction of about 3.6 million of those affordable units, but those buildings typically only need to be kept affordable for a minimum of 30 years. As a result of [...]

By |2024-10-10T11:51:11-04:00Wednesday, October 9, 2024|

Employers added 254,000 jobs last month

WASHINGTON (AP) — America’s employers added 254,000 jobs in September, according to a new federal government report. Last month’s gain was more than economists had expected and it was up from the 159,000 jobs that were added in August. After rising for most of 2024, the unemployment rate dropped for a second straight month, from [...]

By |2024-10-09T12:07:43-04:00Tuesday, October 8, 2024|

Retailers expected to hire fewer workers for holidays

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses. E-commerce giant Amazon last week said it will hire 250,000 full, part-time and seasonal workers for the holiday shopping period, rounding out a [...]

By |2024-10-08T10:48:48-04:00Monday, October 7, 2024|

Expanded maps of Great Lakes’ bottoms could help ship safety, storm preparation

MADISON, Wis. (AP) — As executive director of the Great Lakes Observing System, Jennifer Boehme is leading a campaign to map every meter of the lakes’ bottoms. The effort, the marine scientist said, will pinpoint hundreds of underwater shipwrecks, illuminate topographical features and locate infrastructure. The map, she said, also will help ships avoid submerged [...]

By |2024-10-07T10:02:26-04:00Friday, October 4, 2024|

Shortages, higher retail prices possible if dockworkers strike becomes lengthy

NEW YORK (AP) — Ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977. Economists say a lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as [...]

By |2024-10-07T10:04:07-04:00Thursday, October 3, 2024|
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