Fed keeps rates steady as growth cools to sustainable pace
Washington Fed officials, convinced growth has slowed to a sustainable pace, kept the federal funds rate at 6.5 percent. They warned inflation risks remain though growth might stay below potential, hinting at a soft landing if wage pressure eases and demand tightens.
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Federal Open Market Committee
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U.S
Elyria man starts Action Dryer Vent Cleaning
Blake Schneider, 31, of Elyria opened Action Dryer Vent Cleaning to offer the RoVac system for vent cleaning. He used 14 years in building maintenance and operates the single person business, aiming to keep dryer vents clear using a spinning brush driven by a drill motor and a vacuum at the opposite end.
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Ray Cooney
Chronicle-Telegram
Elyria
Blake Schneider
Action
Schneider
Lee Dryer
Chuck Humel
Chronicle
Action Dryer
Consolidated Stores to sell KB Toys division
Consolidated Stores Inc signed a letter of intent to sell its KB Toy division, the nation’s second largest toy chain. The buyer would receive profits from Oct 28 to closing, with the price and timing still to negotiate, and Consolidated plans a charge of up to 40 million dollars in the third quarter.
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Consolidated Stores Inc
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Pittsfield
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