New Loan Fund to Help Small Businesses in Idaho

May 31st, 2017 | By
The Western States Caterpillar expansion in south Pocatello was one project that that was helped with financing from the newly renamed Montana & Idaho CDC. (Photo courtesy of Western States Caterpillar)

Press Release BOISE – The Montana & Idaho Community Development Corporation and Capital Matrix have established a new loan fund to provide financing to “nearly bankable” small businesses in Idaho. The fund will allow Montana & Idaho CDC to further increase its lending to startups and existing businesses that cannot access all or part of
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Study: Idaho Has the 7th Lowest Tax Rates in the Nation

Mar 14th, 2017 | By

Journal Staff Just how much do we dislike taxes and tax collectors? And does this stance affect how long we put off tax prep? In search of answers to those questions and more, WalletHub conducted a nationally representative survey of 500 taxpayers. They asked about everything from whether they expect a refund to which divisive pop
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Yellen: Expect Fed to gradually hike rates over next 3 years

Jan 18th, 2017 | By
FILE - This file photo made April 22, 2010 shows a Wall Street sign in front of the New York Stock Exchange. U.S. stock futures rose on Wednesday, May 21, 2014, as investors await the minutes from the Federal Reserve's most recent meeting in April. (AP Photo/Mark Lennihan, File)

By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says she expects the Fed to raise its benchmark interest rate several times a year through 2019, as it moves closer toward to its economic goals of maximum employment and stable inflation. But in a speech in San Francisco Wednesday, she said
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SBA Sets New National Small Business Lending Records

Jan 10th, 2017 | By
SBA lending infographic

Press Release In FY16, 7(a) loan program reaches more than $24.12 billion; 504 loan total grows for third consecutive year; minority lending reaches $8.65billion WASHINGTON – The U.S. Small Business Administration announced FY16 lending numbers in December showing record levels of small business lending through the 7(a) and 504 loan programs, as well as significant
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US stocks ring in 2017 with gains as health care stocks rise

Jan 3rd, 2017 | By
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, Jan. 6, 2016. U.S. stocks dropped Wednesday as investors fretted about signs of belligerence from North Korea and more weakening of China's economy, which pummeled energy companies.  (AP Photo/Richard Drew)

By Marley Jay/AP Markets Writer NEW YORK (AP) — U.S. stocks are moving higher on the first trading day of 2017. Health care companies, which fell last year as the rest of the market moved higher, are making some of the biggest gains. While stock indexes are broadly higher, they’ve surrendered most of an earlier gain.
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With Trump in the White House, what do I do with my 401(k)?

Nov 9th, 2016 | By
YE-Wall Street-2014-Preview

By Stan Choe and Ken Sweet,  AP Business Writers NEW YORK (AP) — Voters chose to shake up Washington and bring big change to the White House. Resist doing the same with your 401(k), analysts and fund managers say. The first reaction for many investors around the world was to sell — nearly everything —
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Survey: 71 percent prefer Clinton’s tax plan

Sep 15th, 2016 | By
Assistant Professor Dawn Konicek helps Katie Taryloe during the volunteer tax assistance class that prepares Idaho State
University students to help people with their taxes.

Journal Staff Over four days in August, WalletHub surveyed Americans to see what they thought about America’s tax system – particularly how American’s view Trump and Clinton’s tax plans. This week, they released their findings.  The 2016 Tax Fairness Survey assesses opinions on tax-code complexity, income-tax structure, the fairness of taxes on everything — from investment income and corporations
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FDIC Unveils Resources to Help Community Bankers Learn More about Affordable Mortgage Programs

Sep 15th, 2016 | By
Home for Sale

FDIC Statement The Federal Deposit Insurance Corporation (FDIC) on Thursday published a guide and launched an online resource center to help community bankers learn more about single-family housing products offered by federal agencies and government-sponsored enterprises. The Affordable Mortgage Lending Guide, Part I: Federal Agencies and Government Sponsored Enterprises describes federal programs for single-family housing
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Three lessons from history

Sep 6th, 2016 | By
Jeff Hough

By Jeff Hough Typically, I am not a nostalgic person. I love learning new things and the perpetual search for finding a better way. Because of this drive, I often find myself at odds with history and tradition. I glanced at a news story recently about a local historical landmark being restored and re-lit. I
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Iowa at center of debate over ‘shadow insurance’ deals

Aug 30th, 2016 | By

By Ryan J. Foley/Associated Press IOWA CITY, Iowa (AP) — For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their balance sheets. So-called “shadow insurance” agreements have exploded over
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