WASHINGTON – The Energy Department released two new reports today showcasing record growth across the U.S. wind market — increasing America’s share of clean, renewable energy and supporting tens of thousands of…
Category: Business
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Wells Fargo employees in Mason City collect school supplies for Salvation Army
MASON CITY – Wells Fargo Bank employees are working together to help provide some much-needed school supplies for local children.
CFTC adopts harmonization rules for registered investment companies
Washington, DC – The Commodity Futures Trading Commission (CFTC) this week issued a final rule with respect to certain compliance obligations for commodity pool operators (CPOs) of investment companies registered under the…
Justice Department Files Antitrust Lawsuit Challenging Proposed Merger Between US Airways and American Airlines
Merger Would Result in U.S. Consumers Paying Higher Airfares and Receiving Less Service; Lawsuit Seeks to Maintain Competition in the Airline Industry The Department of Justice, six state attorneys general and the…
USDA Announces Funding To Create Jobs, Aid Business and Boost the Economy in Rural Areas
ST. LOUIS, Mo. – Agriculture Secretary Tom Vilsack announced today that projects in 17 states and the Commonwealth of Puerto Rico will receive loan and grant assistance to create jobs and boost…
NIACC Offers EZ Registration Days
MASON CITY – North Iowa Area Community College (NIACC) announces “EZ Registration Days.” Anyone who has not yet registered for classes at NIACC may come to the NIACC Pierce Administration Building lobby…
Step inside an interactive art gallery at this year’s Iowa State Fair
AMES – Visitors to Iowa State University’s exhibit at the Iowa State Fair (Aug. 8-18) will be ushered inside a festive art gallery, where docents will encourage them to touch absolutely everything…
Mortgage delinquency rate continues to drop
WASHINGTON, D.C. — The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.96 percent of all loans outstanding at the end of the second…
Housing scorecard shows progress
WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the July edition of the Obama Administration’s Housing Scorecard – a comprehensive report…
Fannie Mae will pay back $10.2B to Treasury
WASHINGTON, DC – Fannie Mae (FNMA/OTC) reported net income of $10.1 billion for the second quarter of 2013, compared with net income of $5.1 billion for the second quarter of 2012. Fannie…
Onalaska Adventure Sweepstakes winners announced
ONALASKA, Wis. – Onalaska Adventure Sweepstakes Winners Announced – The Onalaska Tourism Commission has selected the three grand prize winners in the Onalaska Adventure Sweepstakes, including a woman from North Iowa. Sergei…
U.S. Commerce Dept. says new bill will strengthen American manufacturing
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker commended U.S. Senators Sherrod Brown and Roy Blunt and U.S. Representatives Joe Kennedy and Tom Reed for introducing the Revitalize American Manufacturing and Innovation…
U.S. exports of goods and services grew to $4.1 billion in June
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the June 2013 U.S. International Trade in Goods and Services data. U.S. exports of goods and services grew…
U.S. Secretary of Commerce Announces First Business Development Mission to Mexico
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced she will lead her first business development mission to Mexico City and Monterrey from November 18-22, 2013. This mission will further elevate…
President Obama Highlights Investment Summit to Increase Foreign Investment and Spur Middle Class Job Growth
WASHINGTON – On the heels of President Obama’s challenge to attract more investment in the United States and his announcement that he will be hosting the first-ever SelectUSA Investment Summit, the Administration…
United States Wins Trade Enforcement Case for American Farmers, Proves Export-Blocking Chinese Duties Unjustified Under WTO Rules
WASHINGTON – United States Trade Representative Michael Froman, Secretary of Commerce Penny Pritzker, and Secretary of Agriculture Tom Vilsack announced today that the United States won a major case at the World…
Department of Justice proposes remedy to address Apple’s price fixing
WASHINGTON — The Department of Justice and 33 State Attorneys General today submitted to the court a proposed remedy to address Apple Inc.’s illegal conduct, following the July 10, 2013, U.S. District…
U.S. Department of Commerce produces comprehensive analysis addressing copyright policy, creativity and innovation in the Digital Economy
WASHINGTON – The U.S. Department of Commerce last week released a green paper on Copyright Policy, Creativity, and Innovation in the Digital Economy (Green Paper) to advance discussion on a set of policy issues critical to…
Destructive stowaway found in rice shipment
Chicago – U.S. Customs and Border Protection (CBP) recently intercepted one of the world’s most destructive pests of grain products and seeds in a shipment of rice arriving from Pakistan into the…
Jobless rate falls to 4-year low of 7.4%
WASHINGTON – The Bureau of Labor Statistics reported Friday that the U.S. unemployment rate fell to a four-year low of 7.4 percent in July. Total nonfarm payroll employment increased by 162,000 in…
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. (July 31, 2013) — Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending…
Federal Reserve to keep policies unchanged
WASHINGTON – Information received since the Federal Open Market Committee met in June suggests that economic activity expanded at a modest pace during the first half of the year. Labor market conditions…
Amazon Creates More Than 5,000 New Full-Time Jobs Across Growing U.S. Fulfillment Network
SEATTLE–(BUSINESS WIRE)–Jul. 29, 2013– Amazon (NASDAQ: AMZN) today announced it is creating more than 5,000 new full-time jobs in its U.S. fulfillment network to meet growing customer demand. Median pay inside Amazon…
Pending Home Sales Slip in June
WASHINGTON (July 29, 2013) – After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to…
Agencies Encourage Lenders to Work with Student Loan Borrowers
The federal bank regulatory agencies today issued a statement encouraging financial institutions to work constructively with private student loan borrowers experiencing financial difficulties. Prudent workout arrangements are consistent with safe and sound…
U.S. home prices rise in May
Washington, DC – U.S. house price appreciation continued in May 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly…
Heat and summer clearance bargains heated up sales
NEW YORK, July 23, 2013 – Excessive heat in parts of the country and summer clearance sales helped to heat up a positive performance for retailers overall. As a result, sales for…
U.S. Consumers Expect to Spend About $285 on Back-to-School Items
NEW YORK – The back-to-school shopping season has already gotten underway with 29% of households reporting that they have begun to shop, according to a special ICSC-Goldman Sachs consumer tracking survey. While…
June Existing-Home Sales Slip but Prices Continue to Roll at Double-Digit Rates
WASHINGTON – Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according…
Weekly sales fizzle after July 4th holiday
NEW YORK, July 16, 2013 – Post-Independence Day week sales tumbled for retailers following a holiday spending surge. As a result, sales for the week ending July 13, 2013 declined sharply by…
Harkin Announces more than $50,000 for Economic Development in Southeast Iowa
WASHINGTON, D.C. – Senator Tom Harkin (D-IA) on Thursday announced that the Southeast Iowa Regional Planning Commission will receive $54,900 to update its comprehensive economic development strategy in West Burlington. The funds…
States prepare for seamless exchange of health records after disasters
WASHINGTON – As part of an effort to help make sure their residents’ health information is available after a hurricane or other wide-spread disaster, four Gulf states have partnered with six states…
Surgeon who discriminated against HIV positive patient loses federal funding
WASHINGTON – HHS Office of Civil Rights director Leon Rodriguez announced the termination of Medicaid funding to a California surgeon who intentionally discriminated against an HIV-positive patient by refusing to perform much…
Roth 401(k) Usage on the Rise Among Younger Participants, According to Wells Fargo
CHARLOTTE, N.C — Wells Fargo announced on July 15th that in the first quarter 2013, 10 percent of all participants in Wells Fargo administered defined contribution plans chose to contribute to a…
Unemployment to remain high in world’s top economies, says OECD
Unemployment in OECD countries will remain high through 2014, with young people and the low-skilled hit hardest, according to a new OECD report. The Employment Outlook 2013 says that jobless rates will…
Industrial production higher in June, U.S. Federal Reserve says
WASHINGTON – Industrial production increased 0.3 percent in June after having been unchanged in May, the U.S. Federal Reserve said Tuesday. For the second quarter as a whole, industrial production moved up…
Report: Builder Confidence Rises Six Points in July
July 16, 2013 – Builder confidence in the market for newly built, single-family homes rose six points to 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for…
FDA proposes “action level” for arsenic in apple juice
WASHINGTON – The U.S. Food and Drug Administration on July 12th proposed an “action level” of 10 parts per billion (ppb) for inorganic arsenic in apple juice. This is the same level…
FDA approves brain scan to diagnose ADHD in children
WAHINGTON – The U.S. Food and Drug Administration on Monday allowed marketing of the first medical device based on brain function to help assess attention-deficit/hyperactivity disorder (ADHD) in children and adolescents 6…
Gamers converge on Mason City for MEG-CON
MASON CITY – Gamers converged on the Clarion Inn in Mason City on the weekend of July 12th to July 14th for the MEG-CON gaming event.