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(WOIO) - Ohio's unemployment rate was 10.5% in October, up from 10.1% in September, according to data released this morning by the Ohio Department of Job and Family Services. Ohio's nonfarm wage and salary employment increased 1,400 over the month, from 5,097,000 in September to 5,098,400 in October. More>>
NEW YORK (CNNMoney.com) -- In preparation for the traditional kickoff of the holiday shopping season, Wal-Mart Stores Inc. announced Wednesday that most of its stores will be open 24 hours for "post-Thanksgiving Day events."
Many Wal-Mart Supercenters are already 24 hours, but the change will apply to the discounter's other stores. More>>
NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday, with a total figure that was below analysts' expectations.
There were 512,000 initial job claims filed in the week ended Oct. 31, down 20,000 from a revised 532,000 the previous week, the Labor Department said in a weekly report. More>>
NEW YORK (CNNMoney.com) -- Johnson & Johnson said Tuesday that it will cut up to 7% of its global workforce as part of an ongoing cost-cutting plan that the company says will save between $1.4 and $1.7 billion by 2011.
The New Brunswick, N.J.-based consumer health product maker has about 117,000 employees spread across more than 250 companies. More>>
WAYNE, NJ (WOIO)- While times and trends change, one thing remains constant - every holiday season, kids dream of tearing the wrapping off their Christmas presents to reveal the toys that topped their wish lists. More>>
NEW YORK (CNNMoney.com) -- Ford Motor reported a surprise profit for the third quarter Monday, helped by a bump in sales from the Cash for Clunkers program and problems at its U.S. rivals.
The only major U.S. automaker not to file for bankruptcy this year earned earned $997 million, or 29 cents a share, compared to a loss of $161 million, or 7 cents a share on that basis a year earlier. More>>
NEW YORK (CNNMoney.com) -- While foreclosure rates are easing in some of the hardest-hit cities, the crisis is beginning to expand into new metro areas.
On Wednesday, RealtyTrac released its list of cities with the biggest foreclosure problems during the third quarter. More>>
Halloween costumes, Valentine's chocolates and Christmas gifts are all symbols of cherished holidays, but they are also major budget-busters for consumers across the nation. More>>
NEW YORK (CNNMoney.com) -- Want a loan for your business? Hit the plastic. That's about all banks are going to offer -- and the terms are much less favorable than traditional lines of credit.
In one notable example, JPMorgan Chase last month unveiled its Ink suite of four new small business credit cards, with interest rates as high as 30%. More>>
(AAA) - Gas prices increased in Northeast Ohio for another week. Motorists will find prices jumped 9.6 cents for a gallon of regular, unleaded gasoline. The current price at the pump is $2.637. The national price at the pump is $2.675. More>>
NEW YORK (CNNMoney.com) -- If you thought home prices were bottoming out, you may be wrong. They're expected to get a lot more affordable.
Home values are predicted to plunge in 342 out of 381 markets during the next year, according to a new forecast of real estate prices. More>>
This holiday season, retailers are fighting for the hearts and minds of the frugal consumer with some new tactics. Plus: a slideshow of hot gifts for the holidays! More>>
NEW YORK (CNNMoney.com) -- Congress is considering proposals to greatly expand a soon-to-expire $8,000 tax credit for first-time homebuyers -- potentially applying it to all but the wealthiest homebuyers. More>>
BROOK PARK, OH (WOIO) - Ford union leaders will go to Detroit, Michigan Tuesday to meet with Ford officials.
UAW Local 1250 President Mike Gramella and workers at the Ford Engine Plant Number One in Brook Park, have their finger crossed. More>>
NEW YORK (CNNMoney.com) -- Support the U.S. economy. Buy American.
Sounds simple enough. But in a world where a Ford Fusion is built in Mexico, and a Toyota Camry is manufactured at a plant in Kentucky, the lines get blurred. More>>
AKRON, OH (WOIO) - FirstEnergy Corp. continues to hold-off on the distribution of two energy-efficient light bulbs to each customer pending further discussion with PUCO, the Public Utilities Commission of Ohio. More>>
WASHINGTON - The U.S. Department of Labor announced Friday that approximately 8,600 workers from companies in 17 states are eligible to apply for Trade Adjustment Assistance (TAA).
"Workers facing layoffs or reduced hours due to direct foreign competition deserve our support," said Secretary of Labor Hilda L. Solis. More>>
NEW YORK (CNNMoney.com) -- During the housing boom, mortgage lenders were doling out the dough, giving loans to people who could never have qualified before.
Now, homeowners and government officials are increasingly taking these institutions to court, alleging unfair and predatory practices. While many of these suits are still winding their way through the legal system, some banks have already settled for millions of dollars. More>>
WASHINGTON (CNN) -- The U.S. Department of Education is looking to give innovative school districts and non-profit organizations a share of $650 million in education stimulus money now available in a new fund, Secretary of Education Arne Duncan said Tuesday. More>>
NEW YORK -- Santa's load will be lighter once again, with crucial year-end holiday sales expected to decline for a second year in a row, according to an industry forecast Tuesday. More>>
WASHINGTON (CNN) -- Amid nervousness about states' economies and a growing unemployment rate, the Obama administration is considering a series of measures aimed at putting many Americans back to work before the 2010 midterm elections, sources close to the process told CNN. More>>
WASHINGTON (CNNMoney.com) -- A government watchdog says federal officials weren't entirely honest with the public about the health of the first 9 financial firms that got federal bailouts, according to a report released Monday. More>>
Columbus, Ohio - Governor Ted Strickland discussed the state budget situation Wednesday. Below are his prepared remarks.
"In July I signed a balanced budget. Although we faced the worst decline in state revenue in at least 50 years - a direct result of the national economic downturn - we were able to prioritize our limited resources to invest in a reformed education system by cutting spending and resizing state government. More>>
NEW YORK (CNNMoney.com) -- The number of U.S. metropolitan areas with jobless rates above 10% decreased in August, according to government figures released Wednesday.
The Labor Department said 129 metropolitan areas suffered unemployment rates of at least 10% last month. That was down from 139 metro areas in July. More>>
NEW YORK (CNNMoney.com) -- Bank of America says it will reduce overdraft fees and overhaul checking account options, amid a burgeoning backlash over banks' policies on overspending.
Overdraft fees reap banks billions of dollars per year -- and as financial system reform remains in national focus, consumers and lawmakers alike have called for banks to revamp their penalties. More>>
NEW YORK (CNNMoney.com) -- Maryland is the nation's top-earning state for the third year in a row, with a median household income of $70,545, according to a U.S. Census Bureau report released Monday.
The states with highest median incomes are concentrated in the far West and in the Northeast, around the District of Columbia. More>>
NEW YORK (CNNMoney.com) -- More than 1.4 million Americans have already claimed the new tax credit for first-time home buyers, according to a report from the Internal Revenue Service.
The credit, which applies to sales as of January 2009, is good for 10% of the price of a home, up to $8,000, and supporters assert it has helped stabilize the housing market. More>>
NEW YORK (CNNMoney.com) -- You don't have to get laid off to feel the pain of this recession. Many workers lucky enough to have survived the ax are still feeling unhappy and unmotivated at work.
Raises, bonuses and other incentive programs have been slashed since the downturn began, and employees saddled with additional workloads for less pay are becoming increasingly dissatisfied with their current position -- or just plain burnt out. More>>
This list of red flags can help you identify potentially pricey problems. You can use your observations to winnow your choices when you negotiate price with the seller. More>>
