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Business

Clean Water Act at 50: environmental gains, challenges unmet

Lifelong Cleveland resident Steve Gove recalls when the Cuyahoga River symbolized shame — fetid, lifeless, notorious for catching fire when sparks from overhead rail cars ignited the oil-slicked surface. “It was pretty grungy,” said the 73-year-old, an avid canoeist in his youth who ...

Small businesses brace for cautious holiday shoppers

NEW YORK (AP) — Small businesses are stocking the shelves early this holiday season and waiting to see how many gifts inflation-weary shoppers feel like giving. Holiday shopping was relatively strong during the past two years as shoppers flocked online to spend, aided by pandemic stimulus ...

March against inflation turns up political heat in France

PARIS (AP) — Thousands of protesters, including France’s newly crowned Nobel literature laureate, piled into the streets of Paris on Sunday, in a show of anger against the bite of rising prices and cranking up pressure on the government of President Emmanuel Macron. The march for wage ...

Worsening inflation will pressure Fed to keep raising rates

WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively. Consumer prices, excluding ...

Labor proposal could upend rules for gig workers, companies

The Biden administration proposed new standards Tuesday that could make it more difficult to classify millions of workers as independent contractors and deny them minimum wage and benefits. The U.S. Department of Labor rule, which could take months to take effect, would replace a scrapped ...

Ex-Fed Chair Bernanke shares Nobel for bank failure research

STOCKHOLM (AP) — Former Federal Reserve Chair Ben Bernanke and two other U.S.-based economists won the Nobel Prize in economics for research into bank failures — work that built on lessons learned in the Great Depression and helped shape America’s aggressive response to the 2007-2008 ...