National surveys show consumers’ mood is brightening, and it’s not just holiday cheer. The more positive outlook has a lot to do with the steep drop in gasoline prices since last summer. 2015 holds the promise of more price relief not only at the gas pump but also at grocery stores.
Governor Ted Strickland announced dozens of highway projects that will get a boost from federal stimulus funds. The new projects are spread across the state and will bring thousands of jobs.
Ohio’s share of the Federal Reinvestment and Recovery Act does not, as officials had hoped, contain funding for a light rail system in Columbus. The Central Ohio Transit Authority wanted several hundred million dollars for the project. Instead, COTA is expected to receive much less.
Governor Ted Strickland’s budget chief is warning of dire consequences if Congress passes a stimulus package with reduced aid to struggling states.
Five Democratic governors including Ohio Gov. Ted Strickland are asking the federal government for a $1 trillion bailout package.
President Bush today announced a $250 billion plan by the government to buy shares in banks – the latest move to calm the turmoil in the financial markets and stave off a deep recession. Bush said the plan, along with other steps, would help return the economy to a path of growth and prosperity. Some Ohioans agree with the president, others are skeptical.
An estimated 200 FBI and IRS agents served search warrants at county offices and homes in Cleveland.
The Federal Reserve today releases its latest snapshot of economic activity. Regional figures will show the economic health of Ohio, Western Pennsylvania, West Virginia, and Eastern Kentucky.
Seven former executives of a suburban Columbus company have been indicted for a total of 60 major crimes in what authorities are calling the largest fraud scheme ever uncovered in a private, non – traded company
Testimony got underway today in the federal district jury trial of a man accused of killing a Columbus Police officer. 30 year old Daryl Lawrence faces a possible death penalty if convicted of the January 2005 murder of officer Bryan Hurst.