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Federal interest rates have sat at a 24-year high for more than a year, making borrowing money the most expensive in decades. That, however, is poised to change, as the Federal Reserve announced a long-awaited cut to its federal funds rate this month. Wealth Enhancement analyzed resources from federal institutions, including the Federal Reserve, FINRA, and the Securities and Exchange Commission, to explain how lower interest rates can influence the returns expected from common investments. The a...
HUNTSVILLE, Ala. (SEP. 19, 2024) – Dr. Mehmet Sarp Yalim, a research scientist in the Center for Space Plasma and Aeronomic Research (CSPAR) at The University of Alabama in Huntsville (UAH), a part of the University of Alabama System, has won a $608,000 National Science Foundation (NSF) Solar, Heliospheric, and INterplanetary Environment (SHINE) grant to study a process known as Joule, or Cowling, heating. The project, detailed in a paper in The Astrophysical Journal, seeks to demonstrate t...
By now, the headlines are likely familiar: The "most unusual job market in modern American history." The "Great American Labor Shortage." The massive disruption to the job market wrought by the COVID-19 pandemic, when by the latter half of 2021 almost half of American companies were reporting a worker shortage, impacted every corner of the nation. Since then, however, the job market has shifted back to more typical levels of employment, giving many Americans a renewed sense of normalcy. But...
September 17, 2024 – Montgomery – retired longtime state legislator Priscilla Dunn (D-Bessemer) passed away she was age 80. On Thursday, Congresswoman Terri Sewell (D-AL07) spoke on the House Floor to honor the life and legacy of former State Senator Dunn. "A lifelong educator and trailblazing public servant, Senator Dunn dedicated her life to the betterment of her community and the State of Alabama," said Rep. Sewell in her House floor speech. "In 1961, she graduated from Abrams High School in...
Overall the Alabama Gazette panel had a good week picking Southeastern Conference football games. More teams will be starting conference play this week so expect some real wars like the LSU v. South Carolina and Georgia v. Kentucky games this week. A number of teams are still playing out of conference opponents. SEC games of the week Florida is at Mississippi State Ohio is at Kentucky Arkansas is at Auburn UCLA is at LSU Vanderbilt is at Missouri Akron is at Sout Carolina Bowling Green is at...
The parent report card: Teachers get an 'A.' The system? Not so much. Parents from across the political spectrum report greater confidence in their kids' teachers and schools than they do in the national education system at large, with the overwhelming majority (82%) giving teachers an 'A' or 'B' for how they've handled education this year. The results come from a survey that polled 1,518 parents of K-12 public school students conducted by the National Parents Union between May 7-11, 2024....
Every 23 seconds, a fire department responds to a fire. Fear of fire at your small business is justified. And prevention, as well as commercial fire insurance, could help. A lot of commercial fire insurance protection comes from the right commercial property insurance. But when you dig into the details of fire insurance for your small business, you may need to go beyond a commercial property policy. NEXT explains what to know when looking for fire insurance and ways to prevent a fire at your...
The Alabama Department of Public Health (ADPH) wants you to help combat infant mortality by joining the #ClearTheCrib #SafeSleepAL challenge. Sleep-related infant deaths are still a major problem in Alabama. Of the 391 babies that tragically died in 2022, 105 are counted as Sudden Unexpected Infant Deaths (SUIDs). SUIDs include deaths with the following causes listed on the death certificate: sudden infant death syndrome (SIDS), accidental suffocation or strangulation in bed, and undetermined....
September 20, 2024 - MONTGOMERY – Alabama Department of Labor Secretary Fitzgerald Washington announced today that Alabama's labor force participation rate for August is unchanged at 57.5%. The percentage of prime-age workers increased by one-tenth of a percentage point to 79.4% over the month. Over the year, this number increased by 1.6 percentage points from 77.8%. Prime-age workers are those aged 25-54 years. "Prime age workers are continuing to do their part here in Alabama," said W...
Are you looking for an opportunity to get outside with friends and family and do something that benefits your community and the environment? If so, you are encouraged to take part in the state's largest single-day volunteer cleanup event, the 37th Annual Alabama Coastal Cleanup. The event will take place in Baldwin and Mobile counties on September 21, 2024, from 8 a.m. until noon. "Without volunteers and the event sponsors, Alabama's Coastal Cleanup would not be possible," said Chris Blankenship...
September 20, 2024 - WASHINGTON, D.C. – U.S. Senator Katie Britt (R-Alabama) congratulated 13 Alabama students, whom she nominated, on their acceptance to United States service academies starting this fall semester. The service academies include the U.S. Military Academy, U.S. Naval Academy, U.S. Coast Guard Academy, U.S. Merchant Marine Academy, and U.S. Air Force Academy. "On behalf of the people of Alabama, it was truly an honor to nominate these outstanding young men and women to attend o...
When Minneapolis' housing authority put out a request to build affordable housing at scale across the city, eight teams of designers, developers and architects submitted proposals. The winning bid: a plan for modular housing. What set modular construction apart from the pack? It delivered on speed, Minneapolis Public Housing Authority officials say, saving it time and money and helping it shorten the city's nearly 7,500 person waitlist for affordable units. Next City reports that within 14...
The UAB Blazers football team traveled to Arkansas on September 14 and picked up their second loss of the season. UAB was stepping up in class to play a Southeastern Conference powerhouse – the Arkansas Razorbacks. UAB looked much improved over its week 2 performance against ULM; but still picked up the L – 27 to 37. UAB has started the season 1 and 2. The game was tied at halftime at 20 points; but Arkansas dominated the second half 7 to 17. UAB moved the ball at will racking up 354 yards of to...
A new Superman movie is being released this Saturday, September 20th, 2024. However, rather than being a cartoon or a superhero action movie, this biographical documentary focuses on the story of the New York actor, Christopher Reeve. Christopher Reeve portrayed the caped superhero, Super Man, in the "Superman" film series that were made between 1978 and 1987. And with his disarming and winsome smile, coupled with a good physique at 6' 4" tall, it seemed like the actor had a charmed life laid...
September 20, 2024 - Washington D.C. – Congresswoman Terri Sewell (D-AL07) condemned the illegal seizure of the Vulcan Materials plant by the Government of Mexico. Rep. Sewell led 13 of her colleagues, including every member of Alabama's House delegation, in a bipartisan letter to U.S. Trade Representative (USTR) Katherine Tai requesting that USTR take action to address the seizure and make clear to the Mexican Government that there will be harsh repercussions should they proceed. The l...
HUNTSVILLE, Ala. (Sept. 20, 2024) – The University of Alabama in Huntsville (UAH) Alumni Association celebrated the personal and professional successes of seven UAH graduates at the 2024 Alumni of Achievement Awards Dinner, held Sept. 19 on the UAH campus. The awards recognize individuals from each academic college as well as one Outstanding Young Alumni of Achievement. UAH is a part of The University of Alabama System. The event is a signature component of Alumni Weekend 2024, which c...
Auburn has played four opponents. They crushed SWAC Alabama State (2-1), lost to the University of California, beat (0-3) New Mexico, and now have been defeated by their first SEC opponent in Arkansas (3-1) 24 to 14. It was Auburn's second five turnover performance and Auburn's second disappointing home loss. Auburn though they had their quarterback situation settled moving forward after the win over New Mexico. Nothing could be further from the truth in the wake of Saturday's performance at...
A delightfully entertaining and laugh out loud funny show, "Sean of the South LIVE", played to a full house at the historic Bama Theatre in Tuscaloosa, Alabama on Saturday, September 21st,2024. Similar in style to Lewis Grizzard, Jeff Foxworthy, and Rick Bragg; Sean of the South is the stage name of the columnist, novelist, and country musician, Sean Paul Dietrich - a Southern writer who was born in Missouri during the third quarter of Coach Paul Bear Bryant's farewell Liberty Bowl. Describing...
September 21, 2024 - COALING - Nine teams participated in The Fourth Annual Defend the Orphans Kickball Tournament hosted and organized by Coaling Baptist Church on Saturday. Originally k own as "Kicking Baseball", kickball was for many decades considered a children's elementary school game, however, it began growing in popularity in the 1990s among young professionals and adults. So much so that in 1998 the World Adult Kickball Association was founded. With several cities creating kickball...
More than a dozen states are now seeing gasoline prices below $3 per gallon as costs have continued their decline in recent months, according to AAA data. Even with the switchover to winter blends this month—a nationwide practice that results in cheaper fuel that works well in cold weather—gas prices have been declining at a faster rate than they did at this time last year. That's in part due to a glut of domestic supply and lower demand for gas from American drivers than in 2023, according to...
It’s a new day in book-reading since audio books and podcasts abound. And many bibliophiles now prefer e-books. Bookshelves can pile up with a lifetime of book purchases and handling boxes of books can be backbreaking when moving to a new place. I was interested in a discussion about books I heard in a recent ministers meeting. One participant said he listens to audio books, and sometimes listens to fiction audiobooks as he goes to sleep. I wondered if this particular reading counts in the n...
September 20, 2024 – Winfield – State Representative Tracy Estes (R-Winfield) presentative had a protection order filed against him accusing him of making violent threats. Estes was booked for a misdemeanor charge of domestic violence. The charges were made by his wife – Christina Estes. Christina Estes, said in a legal filing that Rep. Estes cursed her during an argument at their home on Friday. She then locked herself in her room. He then spent two hours beating on the dorr and threa...
(September 23, 2024) Why is not letting non-citizens vote even an issue? Not a citizen? You don’t get a say in how the country’s run. Want to vote? Either become a citizen, or go home. And yet, for Democrats and a few alleged Republicans, it’s not only an issue, it’s something they regard as absolutely essential. That’s why they recently voted to kill a Continuing Resolution (CR) to keep the government funded for the next six months at current spending levels, because the CR included the SAVE...
You can’t hide from the truth forever, Kamala. The Border Czar, or should I say the “Absent Border Czar,” Kamala has done nothing but dodge, deflect, and deceive the American public about the chaos she and the Biden administration have unleashed at the border. This isn’t just mismanagement; this is a coverup of epic proportions. Testimony after testimony reveals the shocking scale of what Harris and her team have been hiding—terror-linked migrants pouring across our borders and a nearly 30...
September 22, 2024 – Birmingham - 21 people were shot – four of them fatally – in a mass shooting at a night club at Birmingham's Five Points South. Congresswoman Terri A Sewell (D-AL07) released a statement following Saturday night's shooting. "I am heartbroken by last night's horrific mass shooting in Five Points South," said Rep. Sewell. "I join in extending my sincere condolences to the families whose loved ones were lost, and I pray for a full and speedy recovery for those injured." "We a...