Vegetarian food-maker Tofurky filed a lawsuit in Missouri on Monday seeking to defend its right to describe its products with meat terminology such as “sausage” and “hot dogs,” as long as the packaging makes clear what the ingredients are. The ...
Read More »For-profit colleges have allies though complaints persist
A lawsuit against Ashford University describes an admissions office with a cutthroat sales culture more akin to a used-car lot than a place of higher learning, peddling “false promises and faulty information” to lure students eligible for federal financial aid. ...
Read More »Powell signals more hikes ahead if US economy stays strong
Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed’s 2 percent target ...
Read More »US new-home sales fell 1.7 percent in July
Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise solid economy. The Commerce Department said Thursday that newly ...
Read More »Colleges mull pushing for share of legal wagering proceeds
Concerned that expanded sports gambling will bring additional costs for ensuring their games are on the up-and-up, college athletic departments are looking for a way to get a piece of the action. A U.S. Supreme Court decision in May allowed ...
Read More »Home sales fall 0.7 percent, 4th straight monthly decline
U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market shows signs of cooling. The National Association of Realtors said ...
Read More »Missouri Democrats hope wage measure helps McCaskill
Democrats hope a ballot proposal to hike Missouri’s minimum wage will boost support for Sen. Claire McCaskill’s re-election, a seat Republicans are targeting as a top opportunity to insulate their Senate majority. Even if the measure’s presence on the Nov. ...
Read More »Born out of the financial crisis, bull market nears record
The bull market in U.S. stocks is about to become the longest in history. If stocks don’t drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months ...
Read More »Drought takes toll on Missouri farmers’ crops, cattle
Parts of Missouri are so dry that corn crops are suffering and hay for cattle is in short supply, with water becoming increasingly scarce, experts say. Missouri has had below-average rainfall since winter. The U.S. Drought Monitor map shows that ...
Read More »Kansas and Missouri hope to attract nearly 700 USDA jobs
Kansas and Missouri officials hope to attract the nearly 700 well-paying USDA jobs that are being moved out of Washington D.C. Kansas and Missouri hope to land the jobs for the Economic Research Service and National Institute of Food and ...
Read More »PepsiCo buys SodaStream for $3.2 billion
PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavored waters and other drinks. The deal is ...
Read More »