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Thursday, February 22
by
Brownfield Ag News
Midwest land values hit new peak; rate of increase slows
Ag land values in the Midwest continue to rise. The Federal Reserve Bank of Chicago reports values in the Seventh District saw an annual increase of six percent in 2023. However, David Oppedahl, Fed policy advisor, says that increase has slowed… “It was a little ...
Thursday, February 15
by
The Center Square
Illinois’ corporate income tax rate now 2nd highest in U.S.
(The Center Square) – A new Tax Foundation study finds Illinois with the second highest corporate tax rate in the country. Some say that signals more struggles ahead ...
Wednesday, February 14
by
The Center Square
Illinois quick hits: Rideshare drivers picket; American Water requests rate increase
Rideshare drivers picket Finding a ride with an Uber or Lyft rideshare to ...
Wednesday, February 14
by
Tom Katz
Illinois American Water Seeks Rate Increase
Illinois American Water has requested a rate increase with the Illinois Commerce Commission. The company is seeking a $152 million rate increase, which would raise monthly household water bills by about $24 and wastewater bills by about $5. Officials point to infrastructure improvements totaling ...
Wednesday, January 31
by
ABC News
Fed leaves interest rates unchanged, delaying anticipated rate cuts
(WASHINGTON) -- The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this year. The fed funds rate remains between 5.25% and 5.5% "The Committee seeks to achieve maximum employment and inflation at the rate of ...
Wednesday, January 31
by
ABC News
Fed set for first rate decision since forecasting cuts
(WASHINGTON) -- Washington, D.C., and Wall Street will closely watch an announcement from the Federal Reserve on Wednesday about whether to shift its benchmark interest rate. The move marks the first such decision since the Fed said last month that it expects to cut rates ...
Thursday, January 11
by
The Center Square
Rate increase approved to pay for Ameren Missouri’s renewable energy costs
(The Center Square) – More than a million Ameren Missouri customers will see a fivefold increase in a line item on their electricity bills to pay for voter-mandated ...
Thursday, January 11
by
ABC News
Inflation jumped in December, complicating Fed aim of interest rate cuts
(NEW YORK) -- Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the previous month and defying a smooth path down to normal levels, a report from the Bureau of Labor Statistics released on Thursday showed. The Federal Reserve stands ...
Wednesday, January 10
by
The Center Square
Reynolds asks lawmakers to implement flat income tax rate this year
(The Center Square) - Iowa Gov. Kim Reynolds is asking lawmakers to implement a 3.65% flat income tax rate this year and a 3.5% flat tax in 2025. ...
Friday, December 22
by
The Center Square
Illinois quick hits: State’s unemployment rate ticks up to 4.7%
Jury convicts former Chicago Alderman Ed Burke Former Chicago Alderman Ed Burke was ...
Thursday, December 21
by
The Center Square
Groups want feds to probe PSC, Georgia Power after rate increase
(The Center Square) — Groups want the feds to investigate after state regulators codified an agreement this week that will leave Georgia Power ratepayers with ...
Tuesday, December 19
by
ABC News
What could interest rate cuts mean for the 2024 election?
(NEW YORK) -- When the Federal Reserve recently signaled interest rate cuts next year, the stock market soared to record highs and analysts voiced sunny hopes of a "soft landing." Arriving less than a year before the presidential contest, the announcement raised a separate consideration: ...
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