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The Federal Reserve raised interest rates by half a percentage point Wednesday, in an effort to cool off demand and lower inflation. Consumer prices have been rising at the fastest pace in 40 years.
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Business & EconomyU.S. GDP shrank in the first few months of the year, but the economy may be sturdier than it looks.
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Earlier this month House Bill 616 was introduced in the Ohio legislature. Referred to as Ohio’s “Don’t Say Gay” bill, the proposed legislation would prevent teachers from addressing sexual orientation and gender identity in K-Grade 3 classrooms. Opponents of the bill say it could stifle economic growth. We’ll look at the impact passage of this legislation could have on Ohio businesses.
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Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities.
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The ultimate aim of Musk's $2.9 billion share purchase is not clear. Yet in recent weeks Musk has questioned free speech on Twitter and whether the platform is undermining democracy.
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Business & EconomyConsumer prices in January were up 7.5% from a year ago, the biggest annual gain since 1982. That may seem like a lot for those under 40, but older folks have lived through even sharper price hikes.
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Business & EconomyA recent study shows 80% of local businesses are short on workers. Many are adding incentives and higher wages to attract and keep them.
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State officials and Intel leaders have said federal funding is needed for expansion of the newly announced computer chip manufacturing project in central Ohio. But Ohio’s Democratic U.S. Senator said it likely won’t be a bipartisan measure.
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A look inside the incentive package given to Intel that convinced it to put a semiconductor chip production center here in Ohio.
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Business & EconomyCo-owner of Bake Me Happy, Letha Pugh is hoping Washington D.C. lawmakers listen to her and other small business owners seeking more capital for their small-owned businesses. Pugh is part of a group that recently met with Congresswoman Joyce Beatty to talk about increasing support from financial institutions.
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Ohioans in the market for school supplies will be able to shop tax-free this weekend, thanks to the state’s annual back to school sales-tax holiday.It’s…
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Amazon avoided the prospect of a first unionized warehouse in America, where it's now the second-largest private employer. The vote in Alabama had prompted new interest in unions across the country.