Ohio pension backs off private equity. Trump wants more invested

Ohio's Public Employees Retirement System is reducing private equity investments as Trump pushes to allow 401(k) funds into the underperforming sector. Private equity grew 11.2% in 2024 while the S&P 500 grew 17.43%, yet firms charge far higher fees.

Ohio pension backs off private equity. Trump wants more invested

Two think tanks say Ohio job growth is weak

Ohio added 3,500 jobs in December with unemployment at 4.5%, prompting think tanks to call growth sluggish after years of tax breaks and corporate incentives. Service sector losses reflect growing inequality.

Two think tanks say Ohio job growth is weak