Growth as solid and said that the labor market continues to strengthen but the fed pointed out that wage growth has remained moderate and that inflation has been below the feds 2 goal this year. In the report, the fed said that it remains firmly committed to its inflation objective. Here at home, the fed is still forecasting more moderate growth during the Second Quarter and that the slowdown in business fixed indepth could be persistent internationally, the fed said that growth has stabilized during the first half of the year, albeit at a restrained pace it also said that International Financial conditions were supported by accommodative communications by major Central Banks. Now, as you said, this all comes from the feds semiannual report to congress fed chair jay powell will be testifying on the hill next week there was a special section in this report on trade the fed found that tariffs lowered u. S. Imports by about 70 billion. It also said that higher tariffs are having a materia
Claims at a fiveweek high bon employee bonuses of 1,000 at some places. Now on to the next total in washington the shutdown as the deadline approaches well go live to d. C. For the state of play. And the apple conspiracy theorists were right the company does slow down your old iphones and consumers are upset. Details on that, coming up first up, though, as the tax reform bill awaits the president presiden president s signature, Many Companies announcing bonuses, pay hikes and Capital Spending sn initiatives. At t will invest an additional 1 billion in the United States. Our own parent, comcast, says it will give 1,000 bonuses to more than 100,000 workers and spend more than 50 billion over the next five years in infrastructure boeing, 300 million in workforce training and facility enhancements for its employees both wells fargo and fifth third raising their minimum wages to 15. Fifth third also handing out bonuses to 15,000 workers. Kudlow a few moments ago on twitter said hes never se
The u of i athletics director said that the planners kept one key goal in mind. As we did this project, one of the key principles was to enhance the fan experience. I am excited that is people see this that they will see that it has been accomplished. The north end zone has not seen renovation since 1986. Construction starts next year, but existing stands will not be removed until this the football season is over. If you are a Ticket Holder in the north end zo will be replaced, but you have first pick in 2018 based on your priority points. For information on how to reserve your seat in the new in zone, go to cbs2iowa. Com. As iowas creative corridor continues to grow so does the commute for many. Many. Theres thousands of people in iowa city that that to work and we have thousands of people coming from cedar rapids area down to iowa city and as people know that drive city to work. As people know that drive 380, it is very congested. Reporter corridor rides is looking to reduce congesti
Administrator. They may have been utility workers. The immediate area has been evacuated. We know that much. Well bring you a live picture as soon as we get there. And Ted Greenberg is on his way to the scene there. Good morning, im vai sikahema. First the breaking news about the amber alert. The intense search for a father and daughter which now spans over three states. 3yearold Elinor Trotta weighs about 60 pounds has shoulder length brown hair and was last seen wargearing a purple puffy coat, pink pants and frozen sneakers. Police say elinor was taken by this man Michael Trotta 58, 160 pounds, balding with a scruffy beard and mustache. He was last seen wearing all black clothing and Police Believe the girl may be in danger. Nbc 10s tim furlong is live at new castle where a news crew a News Conference is about to begin. Tim, what else can you tell us . Reporter vai were at the New Castle County Police Department. Were waiting for a News Conference that could start any minute. Here is
Editor’s note: This column originally appeared in the June 5, 2021, edition of the New Castle News. It is being rerun today after the New Castle Area School Board voted