Business & Economy
Interest Rate Cuts Help and Hurt States, Report Says
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The Federal Reserve’s decision to cut interest rates by half a point is expected to gradually benefit state and local budgets as the cost of borrowing money goes down.
InDepthNH.org (https://indepthnh.org/category/business/page/6/)
Financial issues and challenges faced by faced by NH companies and the economy as a whole.
The Federal Reserve’s decision to cut interest rates by half a point is expected to gradually benefit state and local budgets as the cost of borrowing money goes down.
With the water temperature a pleasant 70 degrees, it could be a good time for a swim in Lake Winnipesaukee as the state has taken down all cyanobacteria warnings and watches for the Big Lake Wednesday.
Lori Harnois, director of the New Hampshire Division of Travel and Tourism Development, has resigned her post in state government.
While the median household income increased, the poverty rate held steady at 7.2 percent, reflecting that nearly 100,000 New Hampshire residents had very little income despite purchasing power growing for the median household.
The plaintiffs in the ConVal School District education suit on appeal to the state Supreme Court want the court to remove an amicus brief filed by the Speaker of the House and 30 other Republican lawmakers from the record.
Members of the state’s tourism, restaurant and lodging industry got a chance to hear from the two top candidates running for governor Monday about how they would handle leadership on issues of mutual concern if elected on Nov. 5.
A peninsula in the north east corner of New Castle, at the mouth of the Piscataqua River into the Atlantic Ocean, which is home to the U.S. Coast Guard, the historic Revolutionary War ruins of Fort Constitution and the Portsmouth Lighthouse, has been heavily damaged by storms in January and will not be ready to receive visitors for the 250th anniversary of the historic Patriot raid there on Dec. 13.
SAU 19 Superintendent Brian Balke posted a video on the SAU’s website Sunday claiming a story Damien Fisher wrote for InDepthNH.org about the district turning down offers from St. Matthews’ Episcopal Church to pay outstanding school lunch debts and suing parents instead “contained inaccurate and misleading information.”
After facing widespread criticism in August over its engineering plans to change the outlay of retail in Rye Harbor, the Pease Development Authority voted Thursday to direct staff to stand down on work for a proposed retail platform.