The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds target range to 3.75%-4% and raising the costs of taking on debt for consumers.It’s the first rate hike under recently appointed Fed Chair Kevin Warsh and the first since 2023, and it comes as inflation remains...
The Federal Reserve just raised the target for the federal funds rate 25 basis points, or a quarter of a percentage point. It's the first increase to the funds rate since July 2023. Mortgage rates, on the other hand, have been rising since late April — and this week rates took a more decisive upward...
Jackson Hospital in Montgomery is no longer in bankruptcy, said an announcement from its CEO, John Quinlivan.
“I’ve never heard of DraftKings. What’s that?” Said no one ever in 2026.You can’t watch a pass, pitch, shot or kick on television without spotting a DraftKings or FanDuel logo or commercial. As the NFL season kicks off this month, expect to see more ads. These and other popular mobile sports betting apps are now...
Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.
The U.S. Small Business Administration (SBA) will host an information session on small business funding through its loan programs in Selma on May 6.
The St. James Hotel in Selma may reopen by July, but only if a complicated tax issue can be resolved quickly, the hotel’s owner told the Selma…
The Demopolis City Council voted to allow the Tombigbee Healthcare Authority to use the city’s line of credit for another year while the autho…
The UK's Supreme Court largely overturned earlier judgements that had found it unlawful for car dealers to earn a commission on loans stretchi…
Shares in British banks rose on Monday after the country's top court spared the sector from the worst of feared compensation claims over contr…
