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Few residents opt out of $600M settlement resulting from East Palestine derailment

Few people ultimately opted out of the $600 million class action settlement Norfolk Southern offered to people affected by last year's East Palestine train derailment despite the questions residents raised about the deal, lawyers said. The plaintiffs' attorneys said 22 of the nearly 2,000 households in the small Ohio town in which the derailment occurred [...]

By |2024-07-22T12:50:51-04:00Friday, July 19, 2024|

Retail sales unchanged in June from May

NEW YORK (AP) — Shoppers paused their spending last month as retail sales were unchanged in June from May, after being revised upward to a 0.3 percent increase in May, according to the Commerce Department. Last month, April sales were revised downward — a 0.2 percent decline, from unchanged. Sales rose 0.6 percent in March [...]

By |2024-07-22T13:00:41-04:00Thursday, July 18, 2024|

Rebuilding coastal towns after hurricanes can change the character of communities

HORSESHOE BEACH, Fla. (AP) — Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68, was fixing up a two-bedroom house. After the August storm, he found remnants of it in a nearby canal and on a neighbor's property. To rebuild a new home elevated on stilts, as code requires, [...]

By |2024-07-18T12:56:31-04:00Wednesday, July 17, 2024|

Demand for rare elements could help clean up abandoned coal mines in Appalachia

MOUNT STORM, W.Va. — Down a long gravel road, tucked into the hills in West Virginia, is a low-slung building where researchers are extracting essential elements from an old coal mine that they hope will strengthen the nation's energy future. They aren't mining the coal that powered the steel mills and locomotives that helped industrialize [...]

By |2024-07-17T12:25:08-04:00Tuesday, July 16, 2024|

U.S. Steel sale kicks up political storm

PITTSBURGH (AP) — Generations of Pittsburgh residents have worked at steel mills, rooted for the Steelers or ridden the rollercoaster at Kennywood amusement park, giving them a bird's eye view of the massive Edgar Thomson Works, the region's last blast furnace. Now, Steeltown USA's most storied steel company, U.S. Steel, is on the cusp of [...]

By |2024-07-16T14:01:35-04:00Monday, July 15, 2024|

Party control of several state legislatures could come down to a few pivotal races

HARRISBURG, Pa. (AP) — Two swing districts in a swing county may very well decide which party controls the House in the swing state of Pennsylvania, one of several in which pivotal legislative battles are playing out in the shadow of the presidential campaign. Democrat Brian Munroe and Republican Joe Hogan were elected nearly two [...]

By |2024-07-15T15:25:41-04:00Friday, July 12, 2024|

Fed’s Powell warns of cutting rates too little or too late

WASHINGTON (AP) — The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony earlier this week, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to cutting interest rates. The [...]

By |2024-07-12T11:09:15-04:00Thursday, July 11, 2024|

Tech scams have grown ‘exponentially’

Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the population ages and technology such as artificial intelligence makes it easier than ever to perpetrate fraud and get away with it. Internet and telephone scams have grown "exponentially," overwhelming police and prosecutors [...]

By |2024-07-11T14:11:07-04:00Wednesday, July 10, 2024|

Unemployment rate rises to 4.1 percent

WASHINGTON (AP) — America’s employers added 206,000 jobs last month, according to a new federal government report, and the unemployment rate rose from 4 percent to 4.1 percent. Last month’s job growth did mark a pullback from 218,000 in May, but economists say it was still a solid gain. The new report from the Labor [...]

By |2024-07-10T14:44:53-04:00Tuesday, July 9, 2024|

New vehicle sales increase 0.1 percent

DETROIT (AP) — New-vehicle sales rose only 0.1 percent in the second quarter compared to a year ago, despite larger discounts and slightly lower prices. Brisker sales, however, could be on the horizon: Auto industry analysts say they expect prices to drop further and there's a possibility of interest-rate cuts that would make taking out [...]

By |2024-07-09T11:32:56-04:00Monday, July 8, 2024|
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