For anyone looking for heating and cooling services, Aeras HVAC & Refrigeration may be just the place to call. Found along East Market Street in downtown Warren, Aeras is an HVAC company that works to provide heating and cooling services to Northeast Ohio. Rather than being a franchise or ...
NEW YORK (AP) — Stocks rose, and oil prices eased Thursday as financial markets calmed in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 climbed 0.8% and more than recovered its loss from the day before, even though the United States launched new airstrikes against Iran, which responded by targeting U.S. allies in the Middle East. The Dow Jones Industrial Average added 139 points, or 0.3%, and the Nasdaq composite rallied 1.3%. In the oil market, prices gave back much of their jumps from ...
WASHINGTON (AP) — The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. The IMF now expects the global economy to expand by a sluggish 3% in 2026, down from 3.5% last year and from the 3.1% it had forecast for this year back in April. The fund expects worldwide growth to rebound to 3.4% next year. Iran responded to U.S. and Israeli attacks Feb. 28 ...
WASHINGTON (AP) — The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released under new chair Kevin Warsh, “many” of the Fed’s 19 officials said its key rate would be unchanged from or slightly below its current level of 3.6% by the end of this year. But “many” also said that it would likely be higher by year-end. Forecasts released after the meeting ended June 17 showed that half of the 18 ...
One of the largest economic development projects in the Mahoning Valley’s history has helped Ohio earn a 2026 Silver Shovel Award, a national recognition for excellence in economic development. Area Development magazine cited Kimberly-Clark’s $800 million manufacturing facility in Trumbull County and its planned creation of 491 jobs among the projects that helped Ohio earn the award in the category for states with populations between 8 million and 12 million. The annual Silver Shovel Awards recognize states that attract high-impact economic development projects generating ...
Gas prices are 23 cents lower in Northeast Ohio this week at $3.612 per gallon, according to Monday’s AAA East Central’s Gas Price Report. As millions of drivers filled up and hit the road for the long Independence Day weekend, gas prices were the lowest they’ve been in several weeks. The national average is down 40 cents from a month ago at $3.79 for a gallon of regular. While that number is higher than last year, it’s a relief from this past spring, when the national average peaked at $4.56 on May 21. Crude oil prices have fallen to their lowest levels in months, dropping to ...
