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Between a growing housing deficit and historic federal funding for infrastructure improvements, construction projects are arising across the nation. At the same time, there may not be enough qualified workers to move these projects forward. There were 370,000 construction job openings in August, up 138,000 from the month prior, according to Bureau of Labor Statistics data. Meanwhile, over 90% of general contractors who are hiring reported that they are struggling to fill positions, according to...
November 20, 2024 - WASHINGTON, D.C. - The Veterans Administration is now retracting previous claim that it was facing a $3 billion shortfall. U.S. Senator Tommy Tuberville (R-Alabama) joined U.S. Senator Dan Sullivan (R-Alaska) and 14 Senate colleagues in sending a letter to Senate Veterans Affairs Committee (SVAC) Chairman Jon Tester (D-Montana), who was recently defeated in his bid for reelection, demanding greater accountability and oversight of the Department of Veterans Affairs (VA) after...
As November settles in, temperatures drop, and—surprise—power bills are about to go up. The average U.S. electricity price hovers around 16.8 cents per kilowatt-hour (kWh), but there's huge variation. Rates range from 33 cents per kWh in California to a low of 11.8 cents in Louisiana. Knowing your local rate could save you from winter sticker shock, so Arbor shares the lowdown on November prices, what's coming in December and January, and tips to keep your costs down. Current Electricity Costs...
WASHINGTON, D.C., November 15, 2024– U.S. Senator Katie Britt (R-Alabama) recently wrote a letter to Jewish college students across America, expressing her unwavering support. amid a disturbing rise in antisemitic incidents on campuses. Her letter comes just a week after Israeli soccer fans and Jews ran for their lives in Amsterdam. There are only 13 million Jews in the world. 6.6 million of those live in Israel; 5.7 million live in the U.S. The U.S. has proven to be a safe haven for Jews – unt...
November 11, 2024 – MONTGOMERY, AL – State Senator Greg Reed (R-Jasper) has announced that he will be giving up his role as Senate President Pro Tempore ahead of the 2025 legislative session. Reed along with Speaker of the Alabama House of Representatives Nathaniel Ledbetter (R-Rainsville), and Governor Kay Ivey (R) are effectively the three most powerful people in Alabama state government. The Senate President Pro Tem. has enormous influence over what bills are considered, carried over, or pass...
Only 6.2% of millennial households earn $200,000 or more nationwide. But from state to state, that percentage of high-earning millennials can range from one-third of that to almost double. This group has more discretionary economic power than their peers, and an outsized portion of them among a statewide population—or an apparent deficit—could impact many aspects of that local economy. With this in mind, SmartAsset ranked states by the percent of millennial households earning at least $20...
Investing in small businesses helps foster community resilience and promote local economic growth. And there are many ways to support small and local businesses this holiday season—without breaking the bank. According to the Chamber of Commerce, small businesses employ nearly half of the American workforce and contribute 43.5% of America's gross domestic product. When small companies prosper, they create jobs, encourage local innovation, and contribute to a neighborhood's unique character. E...
MONTGOMERY - Data collected and analyzed by the Alabama Department of Labor's Labor Market Information (LMI) Division shows that in October 2024, there were 79,656 job ads posted in Alabama, representing a monthly increase of 0.6%. The five occupations with the most online job ads are for Registered Nurses, Retail Salespersons, Supervisors of Retail Sales Workers, Heavy and Tractor-Trailer Truck Drivers, and Fast Food and Counter Workers with 13,152 ads placed for those occupations in October. T...
Last year, more than 49 million Americans hit the road for Thanksgiving. Unfortunately, according to the National Safety Council, it's one of the most dangerous driving holidays in the United States. Using data from the National Highway Traffic Safety Administration, researchers at TruckInfo.net discovered a few worrying trends for Thanksgiving travelers. #1: Drunk Driving Is a Major Issue During Thanksgiving Despite Uber and Lyft helping to reduce alcohol-related traffic fatalities by 6.1...
November 18, 2024 – BIRMINGHAM, AL – after two decades of business the McGregor family is finally selling the old Birmingham Racecourse. A company owned by the Poarch Band of Creek Indians (PCI) are purchasing the facility. The Birmingham Racecourse was originally built in the 1980s to host Thoroughbred racing. After that venture failed, the Thompson family sold it to the late Milton McGregor who owned a dog track in Macon County. McGregor reopened the failed racecourse as a dog track. Aft...
Effective money management involves a range of practices and habits that help you optimize your income, reduce debt, and build financial stability. These practices may include creating a budget, tracking your expenses, saving money, paying off debts, and investing in your future. Overall, it requires discipline, patience, and a willingness to make changes to your spending habits and money goals. But with the right strategies in place, it can help you achieve long-term financial solvency and...
The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used vehicles has remained fairly steady since last year, reflecting the continuing popularity of longer-term auto loans. While longer auto loans offer more affordable monthly payments, they can ultimately end up costing more in total interest than loans of 60 months or less. Average New Car Loan Term The latest...
Dr. Brad Klontz first heard about TikTok through his teen nephews. After they showed him some animal videos, he kept scrolling and watching more posts. Before long, the financial psychologist—who helps patients deal with money-related stress—stumbled across one user promoting day trading. "I was sort of blown away because I thought, erroneously, of course, that day trading died in the tech bubble when everybody lost all their money," says Klontz. "But there's an entire new generation of peo...
A prepaid business card is a type of debit card that requires funds to be preloaded onto the card before it can be used for business purchases. The total amount that can be spent is limited by how much money has been preloaded on the card. Once the balance has been used up, more funds will need to be loaded onto the card to continue using it. How Do Prepaid Business Cards Work? A prepaid business card works just like a regular business credit or debit card. It can be used anywhere that a...
Today's best family cars blend safety, reliability, and affordability, but the choices can be overwhelming. To simplify your search, Edmunds studied the latest results of its testing program to determine today's best family cars. Every year, the Edmunds vehicle test team subjects around 200 cars to a rigorous battery of performance trials, from acceleration to braking to poking the buttons of infotainment systems. Each car then gets a rating, and only the top performers make the list. How...
November 19, 2024 - MONTGOMERY, AL – Governor Kay Ivey on Tuesday announced she has selected Alabama Senate President Pro Tempore Greg Reed to serve as her Senior Advisor to Workforce Transformation. "I am proud to officially welcome Greg to the Ivey Administration. As my Senior Advisor to Workforce Transformation, he will be integral to the transition from the Department of Labor to the Department of Workforce and in setting the foundation for the new agency," said Governor Ivey. "Increasing o...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the Gu...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the Gu...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the Gu...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the...
The average cost for a gallon of gasoline is roughly the same this week compared to last and down 12 cents from one month ago, according to AAA data. GasBuddy analyst Patrick De Haan is projecting that the national average could fall under $3 per gallon just in time for Thanksgiving travel, when 72% of Americans intend to road trip to their celebration destinations. Several factors could work against those projections, including escalating tensions between Russia and Ukraine and storms in the...
There's something truly magical about Christmas markets, especially when they're located in the picture-perfect heart of a historic European city. Unsure about which one to check out this year? Yessica Klein, writing for GetYourGuide, has rounded up 14 of the best Christmas market destinations across Europe, each with its own unique charm. 1. Prague, Czech Republic When: Nov. 30, 2024, to Jan. 6, 2025. Where: Old Town Square, 110 00 Prague, Czech Republic. Why: Traditional performances, a pettin...