‘Little urgency to cut rates’ The odds of a rate cut by the Federal Reserve have steadily dropped during the spring and are a virtual lock to remain unchanged this week. According to the CME Group’s FedWatch tool, 99.8% of interest rate traders think the Fed will leave benchmark rates at a range of 4.25%
ROCHESTER, Minn. (KTTC) – The Minnesota State Legislature passed a bill Monday, allowing Rochester Community and Technical College (RCTC) to make preparations for a major construction project. The bill, H.F. 18, was passed as part of the larger special session of the state legislature. It allows RCTC to move previously appropriated funds towards the first
Downtown Jacksonville update: Apartments, townhomes under construction Construction is underway at the Four Seasons Hotel & Residences Jacksonville and One Riverside developments in downtown Jacksonville, Florida. Jacksonville City Council withdrew a proposal to gain authority to terminate the Downtown Investment Authority’s CEO. Three finalists will interview for the CEO position next week. Concerns arose that
ATLANTA — The Georgia Department of Community Affairs announced they’d awarded nearly $14 million to programs across the state to fund more affordable housing. According to DCA, the grants were given to 15 local communities around Georgia as part of the 2025 Community HOME Investment Program, or CHIP. Funding comes from the U.S. Department of
“New Zealanders are willing to spend their money on the things provided by these groups – from illicit drugs through to false promises offered by scammers…New Zealand is then left to pick up the pieces.” The panel said that stopping the profits from reaching the “masterminds” based offshore, such as drug suppliers, would make it
Illinois Gov. JB Pritzker was in Rockford on Friday to celebrate the $32 million expansion of the Rockford Mass Transit District downtown bus station and garage. The 18-month project that broke ground in November is being paid for from the Rebuild Illinois Capital Plan, a $45 billion capital improvement program. The program is also paying