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The Gazette in Medina, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jul 03, 2024

Page

13

Powell says U.S. inflation cools but rate cuts wait

Fed Chair Jerome Powell notes inflation slowing toward 2 percent and core measures inching down, but stresses more evidence is needed before cutting rates. He warns against cutting too soon or waiting too long, citing disinflation progress and a healthy job market, with markets pricing in a September move.

Washington United States Federal Reserve Jerome Powell Fed Powell European Central Bank Sintra Portugal U.S

Wall Street hits more records on Fourth of July week

Wall Street set new highs led by Tesla as the S&P 500, Dow, and Nasdaq rose. Apple climbed 1.6 percent while Treasury yields eased on prospects of Fed rate cuts later this year. Job openings dipped investors' hopes for quicker cuts, and trading was shortened ahead of the July Fourth holiday.

New York Tesla U.S Apple Treasury Federal Reserve Fed Jerome Powell Wall Street Powell

Grants total 504 million aid tech hubs coast to coast

The Biden administration announced 504 million in implementation grants for a dozen technology hubs in states including Ohio Montana Nevada and Florida. Funds support quantum computing biomanufacturing lithium batteries chips and other technologies to broaden national innovation beyond major cities.

Washington Biden Ohio Montana Nevada Florida San Francisco Seattle Boston New York City Commerce Gina Raimondo Commerce Department Economic Development Administration Joe Biden Raimondo Colorado New Mexico Headwaters

Biden pushes first heat rule to protect workers nationwide

The Labor Department via OSHA proposes a groundbreaking rule to shield workers from extreme heat, covering farmworkers, delivery drivers, and construction pros. It mandates heat safety procedures, monitoring above 80 degrees, training, and record keeping for indoor and outdoor work with stricter rules above 90 degrees.

Washington Biden Administration Occupational Safety and Health Administration Labor Department Bureau of Labor Statistics

Market Summary Notes On Stock Footnotes And Divisions

Market summary introduces g DIVIDE with SEC n new in the past year t fund units j In bank footnotes b fee covering sales charges m multiples during the week x fund p.

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