TORONTO (AP) — The Canadian government has ordered the country’s two major freight railroads to enter binding arbitration with their labor union to resolve a contract dispute. Shortly following Thursday’s announcement, Canadian National and CPKC both said they would work quickly to get trains running again as soon as possible. Trains came to a halt…… MORE
U.S. Applications for Unemployment Benefits Inch Up, but Remain at Historically Healthy Levels
The number of Americans filing for unemployment benefits rose modestly last week, but remains at healthy levels Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday. The four-week average of claims, which evens out some of the weekly gyrations, ticked down by 750 to 236,000. For…… MORE
Kamala Harris Invites Voters to Chart a ‘New Way Forward’ as She Accepts Democratic Nomination
CHICAGO (AP) — Vice President Kamala Harris is telling voters they have a chance to chart a “new way forward” as Americans this November. Harris is looking to introduce herself to voters and prosecute her case against Republican Donald Trump Thursday night as she accepts her party’s nomination at the Democratic National Convention. Harris will…… MORE
Average Rate on a 30-year Mortgage Eases to 6.46%, the Lowest Level in 15 Months
The average rate on a 30-year mortgage eased this week to its lowest level in 15 months. That’s welcome relief for home shoppers navigating a housing market that remains out of reach for many Americans. Mortgage buyer Freddie Mac said Thursday that the rate fell to 6.46% from 6.49% last week. A year ago, the…… MORE
Excessive Heat Warning in Effect Until 9 PM Friday
…EXCESSIVE HEAT WARNING IN EFFECT UNTIL 9 PM CDT FRIDAY……HEAT ADVISORY HAS EXPIRED… PRECAUTIONARY/PREPAREDNESS ACTIONS… Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun, and check up on relatives and neighbors. Young children and pets should never be left unattended in vehicles under any circumstances. Do not leave young children…… MORE