The Associated Press says economic analyses of the proposal suggests the bill itself won’t bring down inflation, at least in the time being. They add the legislation won’t directly address some of the main price drivers like gas, food, and rent.
Wellborn Cabinet’s plan is to construct and equip a 250,000-square-foot facility in Oxford to begin production of a new kitchen and bath cabinetry product, according to the Alabama Department of Commerce.
New tonight, a warning that you may be paying more than you should be if you borrowed money for a purchase anytime this spring. The Wall Street Journal reported that credit agency Equifax gave inaccurate credit scores on millions of consumers seeking loans.
The demand for locally sourced food is up in Alabama. And local food producers are turning to the online market to deliver the farm right to your front door.
Cahaba Cuts is a local business and passion project for Nick Garrett. However, it is one of his more recent creations that has turned heads from all across the country.
Before the games started, officials were predicting around a $256 million economic impact in Alabama. City of Birmingham officials said it’s too early to tell exactly how numbers are tracking right now, but that crowd sizes they are seeing make them hopeful.
Several business owners say the public’s perception of the World Games road closures is hurting their bottom lines. Now some of those owners are speaking up and stressing they are not only open for business, but they are easy to get to.
The recipients of the inaugural Magic City Match program have been announced. The pilot program was designed specifically to help Black owned businesses.
Around the country, Starbucks coffee shop employees have been choosing to unionize. Workers at More than 80 stores have made that decision. That now includes one in downtown Birmingham.
McGowan says there is a lot of uncertainty right now with inflation, rising interest rates, and supply chain issues. It all has to do with the volatility in the market.
Are we heading for a recession? At least one major bank thinks so, but what are local analysts saying? And what should you do if we actually end up in a recession?
Stocks had their biggest jump since June 2020 Wednesday as a sharp drop in oil prices eased fears that inflation was about to get worse around the globe.
Investigators said the incident occurred as the two men were working on a 7,200-volt electric distribution line to restore power after a severe summer storm in Jefferson County.
Tamika Hinton, a Fairfield native and Black female entrepreneur, has been awarded a national cash grant through the Reimagine Main Street project to help boost the trajectory of her firm Out of Office, as it seeks to transform the way businesses access services and distribute resources.
The Retail, Wholesale and Department Store Union (RWDSU) announced members will be filing Unfair Labor Practice charges (ULPs) against Amazon claiming the company has engaged in misconduct during the re-run union election in Bessemer.
The Federal Reserve is expected to raise the federal fund rate in March following a long run of historically low rates. It's an effort to slash the highest inflation rate we've seen in forty years.
Airbus and Lockheed Martin announced a joint bid to build U.S, military refueling tanker plans in the Port City, a project that would be worth hundreds of millions of dollars and create hundreds of jobs locally.
A Pennsylvania company says it plans to reopen a piece of Birmingham’s manufacturing industry by spending $25 million on an old plant that will become a production, service and distribution center.
After careful consideration, Macy’s has decided to close our Brookwood Village location. This closure is part of the company’s strategy announced in early 2020.
Mike Kemp was elected as the BCA’s 36th chairman. Kemp has been a longtime leader with the BCA serving as the organization’s first vice chairman, an executive member, and chairman of ProgressPAC, BCA’s political arm.
The new contract includes cost of living wage adjustments for all employees and provides a graduation rate giving workers the chance to reach the pay rate of a six-plus-year employee.
Morgan Leigh Oldham is a junior on the Auburn Gymnastics team. She has been working on a NFT project for several months and is planning to go live with her landing page and NFT drop December15, 2021. She will be the first female collegiate athlete (that we’re aware of) that will have her own NFT in this new NIL world. Morgan talks about her new project and endeavor.
#BuyBlackBham is a holiday spending campaign and ongoing economic impact platform to encourage consumers to shop local, Black-owned businesses in Birmingham.
As costs go up on almost everything, savings bonds, the underdog of the financial investment market are back on the scene. Inflation bonds or I bonds are offering seven percent interest.
