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Political Cartoons View All 253 ImagesUnder so-called linked-deposit programs, states deposit money in banks at below-market interest rates. Banks then leverage those funds to provide short-term, low-interest loans to particular borrowers, often in agriculture or small business. The programs can save thousands of dollars for borrowers by reducing their interest rates by an average 2-3 percentage points. Illinois has nearly $950 million of deposits linked to low-interest loans for farmers, businesses and individuals. In 2015, Frerichs said, the state's agricultural investment program had just two low-interest loans.
Persons: Vivek Malek, Malek, ” Malek, Banks, Michael Frerichs, Frerichs, Rafael Salaberrios, ” Salaberrios, Brian Zimmerschied, Doug Fish, Jason Bernard, ” Bernard, Mike Hopkins, , Hopkins, Jordan Harvey, Sid Miller, hadn't, Miller, Organizations: JEFFERSON CITY, Federal Reserve, National Association of State, State Development, , OakStar Bank, FCS, FCS Financial, BTC Bank, Montana Board of Investments, Republican, AP Locations: Mo, Missouri, New York, Illinois, Montana, , National Association of State Treasurers . Illinois, Bethany , Missouri, Bethany, Iowa , Kansas, Ohio, Kansas, In Ohio, Texas
Tyler Christopher, an actor known for his roles on “General Hospital” and “Days of Our Lives,” has died. Christopher’s representative Chi Muoi Lo told CNN in a statement that the actor died Tuesday morning. In a 2017 interview with Soap Opera Digest, the actor said he’d left “General Hospital” to take a “personal leave,” and ultimately did not end up returning to the show. Outside of his celebrated career as an actor, Christopher dealt with various hardships toward the end of his life. In May, the actor was arrested at the Hollywood-Burbank airport on suspicion of public intoxication, according to the LA Times.
Persons: Tyler Christopher, , Chi Muoi Lo, Christopher’s, Maurice Bernard, “ Tyler, ” “ Tyler, Christopher, Brienne Pedigo, Eva Longoria, Nikolas Cassadine, Cassadine, he’d, Stefan DiMera, ” Bernard, Organizations: , CNN, ESPN, Soap Opera, NBC, Bloomberg Law, Hollywood, LA Times Locations: Burbank
Consumer sentiment dipped slightly in September, indicating Americans are tentative about the direction of the economy, according to the latest survey-based index from the University of Michigan. The overall consumer sentiment index, released on Friday, retreated to 67.7 from 69.5 in August, while the current conditions assessment dropped to 69.8 from 75.7 and the forward-looking expectations index increased to 66.3 from 65.5. “Sentiment this month was characterized by divergent movements across index components and across demographic groups with little net change from last month. There was improvement in how consumers see inflation going forward. That means workers are keeping just ahead of inflation, although prices for necessities such as groceries and gasoline have increased.
Persons: , Joanne Hsu, , ” Hsu, ” Bernard Baumohl, Baumohl, “ They’re, Joe Biden, – Ford, Peter Berezin Organizations: University of Michigan, Consumers, San Francisco Federal Reserve Bank, Economic Outlook, Supreme, United Auto Workers, General Motors, Senate, Fed, BCA Research, Global Locations: Saudi Arabia, Russia, U.S
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