In a long-awaited move, the Federal Reserve announced that it has cut the federal funds rate by fifty basis points. The new federal funds rate, which acts as a benchmark for borrowing rates across the economy, is now reduced to 4.8%, the lowest rate since March of 2023. This is the first rate cut since […]
Huntsville has been ranked #1 on CBRE’s list of up-and-coming tech-talent markets in its annual Scoring Tech Talent report, which evaluates 75 U.S. and Canadian cities on their ability to attract and grow tech talent. Huntsville’s had a 17.9% growth in tech employment over the past five years and a 19.6% increase in tech wages. […]
It’s been more than two weeks since 17,000 AT&T workers across the Southeast began their strike against the company. According to officials from the union that represents these workers, Communication Workers of America (CWA), not much has changed and an end to the strike doesn’t appear to be yet in sight. CWA claims workers face […]
Drake State Community & Technical College has initiated a new survey to assess broadband availability and digital access in Madison, Marshall, and Jackson Counties. This effort is part of a broader mission to address the digital needs of high-poverty and rural communities, ensuring equitable access to the digital tools necessary for success. As a central […]
Interest rates remained flat during the first week of September, slowing down a multi-week decrease that experts attribute to the market preparing for the much-anticipated Federal Reserve cuts expected to be announced at the Fed’s next meeting, on September 18. “I do believe in anticipation of this cut, most of the reduction has been built […]
Huntsville’s own CFD Research Corporation (CFD) has recently expanded its footprint within Cummings Research Park (CRP). The company’s new facility, located on Discovery Drive, is just a short two-minute walk from CFD’s primary headquarters on Moquin Drive. This expansion adds nearly 22,000 square feet of office space, with 40 new offices and additional room for […]
As part of the proposed $418M settlement to the NAR lawsuit, there’s going to be a few changes for both buyers and sellers in the TN Valley. The first big change is that buyer agreements are now required before viewing a home. It’s always been a requirement to go over a RECAD disclosure (even though […]
The Economic Development Partnership of Alabama (EDPA) has teamed up with the Appalachian Regional Commission (ARC), Coca-Cola Bottling Company United, Inc., and Innovate Alabama to launch the second phase of the HBCU Innovation Internship Program. This fall, the program will welcome a larger group of eight interns, a significant increase from its initial launch. After […]
Bridge Street Town Centre is set to enhance its collection of brands with the arrival of Warby Parker, a popular direct-to-consumer lifestyle brand. The new store, occupying a 1,587-square-foot space next to The Cheesecake Factory, is scheduled to open its doors on September 14. This addition will bring Bridge Street’s number of retail stores to […]
Drake State Community and Technical College is introducing a new pilot program, the Skills for Success – Flooring Installation Technician course. This unique program, the first of its kind in the region, is being offered free of charge to participants. The course is specifically designed to equip graduates with the skills needed for a successful […]
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