The Economy & Business

The Economy & Business
7:35 am
Tue December 10, 2013

Federal Reserve Bank Projects Unemployment

The nation's unemployment rate could fall below 7 percent nationally in under two years, according to an economic forecast developed in Cleveland. This also means interest rates will likely stay low for a while.

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The Economy & Business
6:00 am
Mon December 9, 2013

Hedge Fund-Backed Rental Company Wins Back $184,000 From Huber Heights City Budget

Property values in Montgomery County have declined since the Recession, making purchases like the Huber Homes cheaper for investors.
Credit Lewis Wallace / WYSO

Last month WYSO reported that an Illinois-based hedge fund had purchased about one in eleven homes in the town of Huber Heights. The company made national news by asking Montgomery County to reduce its property taxes by over a million dollars. Now the results are in—and they weren’t as hard on the local budget as expected.

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The Economy & Business
5:42 pm
Thu December 5, 2013

Demonstration For Minimum Wage Comes To Dayton

Protesters for a higher minimum wage outside the downtown Dayton McDonald's.
Credit Lewis Wallace / WYSO

Protests demanding a raise in the minimum wage have been spreading across the country, and the movement made its way to Dayton for the first time. On Thursday, union-backed groups reported events in over 100 cities; some involved worker walk-outs, but many were protests or demonstrations in front of fast food and retail outlets.

Outside the McDonald’s in downtown Dayton around lunchtime, a small crowd gathered near the road, rallying drivers to honk in support. The protesters’ complaint: Ohio’s minimum wage of $7.85 isn’t enough to actually live on.

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The Economy & Business
7:33 am
Thu December 5, 2013

Can A Neighborhood Improve Without Gentrifying? WYSO’s Lewis Wallace Talks To Jan Lepore-Jentleson

Twin Towers in Dayton. St. Mary's Church, in the background, is central to the neighborhood's history.
Credit Lewis Wallace / WYSO

The Twin Towers neighborhood in Dayton was established more than a hundred years ago, and it’s been through a lot. Recently 84 new houses opened in the area for low-income families through a public-private partnership organized by East End Community Services. But what does this mean for a neighborhood trying to turn itself around?

 

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The Economy & Business
6:24 am
Wed December 4, 2013

Small Business Incubator Clashes With City Over Lease

Food truck rally at Synergy Incubators

An incubator for food trucks and other small vendors in Dayton is getting evicted by the city following a controversial decision last week, and an online petition has gathered hundreds of signatures of protest.

Synergy Incubators has been throwing food truck rallies downtown since July, and was preparing to open a kitchen space in the Oregon district for food trucks, caterers and bakers to share.

But after quite a bit of back and forth, the city decided not to renew the lease for the building at 200 S Jefferson.

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