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Wheeling Planning Commission Approves Marsh Wheeling Lofts Site Plan | News, Sports, Jobs

Staff Writer Photo by Eric Ayres Thomas Simons, left, senior vice president of Woda Cooper Companies, and Charles Garvick, president of Chadan Engineering, address members of the Wheeling Planning Commission on Monday. WHEELING — Officials behind the Woda Cooper Companies’ proposed Marsh Wheeling Lofts believe there is a healthy market for residential living in downtown Wheeling that is not at risk of being “oversaturated” by the abundance of projects that are moving forward. Thomas Sim...
Jeremy West Thomas Simons Charles Garvick William Schwarz Labelle Greene Jeff Mauck

Biden Infrastructure Plan Aims to Boost Economy's Productivity Over Time

Provided by Dow Jones By Kate Davidson WASHINGTON -- The Biden administrations $1.9 trillion Covid-19 relief package enacted last month aimed to get the economy back on track fast. Now, officials are set on increasing the speed limit for the long term. The roughly $2.3 trillion spending proposal unveiled Wednesday would make investments in infrastructure over the coming decade that officials say would enhance the economys productivity, such as through public trans...
United States White House District Of Columbia Kate Davidson Thomas Simons Alan Auerbach

Five things to watch from the Federal Reserve meeting

Five things to watch from the Federal Reserve meeting 17 Mar, 2021 04:22 AM 6 minutes to read Financial Times By: James Politi and Colby Smith The Federal Open Market Committee meets this week against a sharply improved US economic backdrop compared to its last gathering in January: the winter surge of coronavirus cases has ebbed, the rollout of vaccinations is accelerating, and Joe Bidens US$1.9 trillion ($2.6t) stimulus plan has been enacted, with money already flowing to US...
Thomas Simons Jerome Powell Aneta Markowska Colby Smith David Kelly Margaret Kerins

U.S. Retail Sales Fell 3% in February — 2nd Update

Provided by Dow Jones By Amara Omeokwe U.S. retailers and manufacturers slumped in February due to winter storms and supply-chain disruptions, but a broader economic rebound appears poised to accelerate this spring because of the easing pandemic and another round of government stimulus. Retail sales -- a measure of purchases at stores, at restaurants and online -- fell by 3% in February compared with the prior month, the Commerce Department said Tuesday. The decli...
United States Thomas Simons Tom Scheiman Amara Omeokwe Scott Brown Xavier Fontdegloria

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From dismal winter, some U.S. data starts to move higher

4 Min Read WASHINGTON (Reuters) - High-frequency measures of the U.S. economy may be showing the first signs of an expected spring revival, with employment at small and medium-sized businesses rising slightly, and traffic to retail stores improving from the levels of last fall when the coronavirus surged. FILE PHOTO: People dance to live music at Mattisons City Grille, as the coronavirus disease (COVID-19) pandemic continues, in Sarasota, Florida, February 10, 2021. REUTERS/Shannon Stapleton/Fi...
United States Thomas Simons David Gilbertson Andrea Ricci Aneta Markowska Gregory Daco

U.S. economy is improving, complicating Biden's stimulus plans

U.S. economy is improving, complicating Bidens stimulus plans Rich Miller, Bloomberg FacebookTwitterEmail Jen Psaki, White House press secretary, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington on Feb. 2, 2021.Bloomberg photo by Al Drago. The U.S. economy is showing some scattered signs of picking up from an end-of-year slowdown, muddying President Joe Bidens efforts to win congressional passage of a $1.9 trillion stimulus package. New...
United States White House District Of Columbia Michelle Meyer Brian Deese Lou Crandall

U.S. Treasury slashes quarterly borrowing more than expected

U.S. Treasury slashes quarterly borrowing more than expected Liz Capo McCormick, Bloomberg News Former N.Y. Fed President Dudley on FOMC, Economy VIDEO SIGN OUT The U.S. Treasury slashed its estimated borrowing needs for the three months through March by more than analysts had anticipated, citing what it said was less spending than it expected before the start of the year. The Treasury’s estimates, released in Washington Monday, don’t reflect President Joe Biden proposed US$1....
New York United States Thomas Simons Aneta Markowska Joe Biden Jpmorgan Chase Co

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