| | | Sep 19, 2024 / The Right News Right When It Happens | | Top Story | | | | Fed Cuts Interest Rates by a Half Point | | Washington, DC, September 18, 2024-"The Federal Reserve voted to lower interest rates by a half percentage point, opting for a bolder start in making its first reduction since 2020. The long-anticipated pivot followed an all-out fight against inflation the central bank launched two years ago,” reports the Wall Street Journal. | | |
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| | Today's Flooring News | | | | Existing-Home Sales Declined 2.5% in August | | Washington, DC, September 19, 2024—Total existing-home sales descended 2.5% from July to a seasonally adjusted annual rate of 3.86 million in August, according to the National Association of Realtors. | | |
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| | | | Forbo Opens New Distribution Center in Pennsylvania | | Hazleton, PA, September 19, 2024-Forbo Flooring Systems North America celebrated the grand opening of its new distribution center in Hazleton, Pennsylvania this week with a ribbon cutting ceremony. | | |
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| | | | Southwind Celebrating 30 Years of Business | | Dalton, GA, September 19, 2024-Southwind Building Products is celebrating 30 years of business. | | |
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| | | Initial Jobless Claims Declined by 12,000 in Week Ending Sept. 14 | | Washington, DC, September 19, 2024—In the week ending September 14, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 12,000 from the previous week's revised level, according to the Department of Labor. | | |
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| | | Titebond Forms Partnership with Elias Wilf | | Columbus, OH, September 19, 2024—Franklin International, the company behind the Titebond brand of adhesives and sealants, has entered a partnership with Elias Wilf, a flooring distributor in a nine-state region in the mid-Atlantic region stretching from New York to North Carolina. | | |
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| Featured Video | | | | Geoff Gordon Discusses Fuse's Recent Board Meeting with Suppliers | | September 19, 2024—Geoff Gordon, executive director with Fuse Alliance, and Kemp Harr discuss feedback from suppliers at the group's recent fall | | |
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