March 14, 2025

Economy of the United States

Finance

PERSONAL FINANCE: Changes coming to 401(k)s in 2025 | Business

Congress passed the Secure 2.0 Act in 2022 to expand saving opportunities for individuals who have access to savings vehicles like 401(k)s and workplace savings plans. Several of the bill’s provisions go into effect in 2025 and, if you’re like many workers, your 401(k) or workplace savings plan is likely the foundation of your retirement

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Loans

Struggling Small Businesses: The Lingering Impact of Covid-19 EIDL Loans | West Virginia Business News

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Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Funds

Opioid settlement tracking system still to come, but only for funds distributed by First Foundation | West Virginia

A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the

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Funds

Spending state funds for Stone Pine Cove approved in Half Moon Bay | Local News

The June 18 City Council approval will allow staff to allocate and expend the funds — which were designated by Assemblymember Marc Berman, D-Palo Alto — for construction-related costs. Half Moon Bay and the county are continuing to work together on the project, which spans 5 acres of land at 880 Stone Pine Road and

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Investment

Somerset County pension fund, investments growing with strong economy | Local News

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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Investment

Somerset County pension fund, investments growing with strong economy | News

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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Loans

Oklahoma housing stability program gets first $23 million

OKLAHOMA CITY — The first $23.4 million from the Oklahoma Housing Stability Program was awarded to nine projects by the Oklahoma Housing Finance Agency Board during its last meeting. The program provides no-interest loans for construction of single-family homes for purchase and single- or multifamily homes for rent. The board awarded almost $15.5 million in

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