Economic Indicators

Business Highlights

___ Unemployment hits 49-year low as US employers step up hiring WASHINGTON (AP) — The April U.S. jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the recovery from the Great Recession.

Correction: New Orleans Newspapers story

Ending a nearly seven-year New Orleans newspaper rivalry, the owners of The Advocate newspaper announced Thursday they have purchased The Times-Picayune from the Newhouse family's Advance Local Media.