Fed raises rates as economy shows confidence in growth
The Federal Reserve lifted the policy rate to 1.00 1.25 percent and announced plans to begin trimming its $4.2 trillion balance sheet this year. Officials projected 2017 growth at 2.2 percent with inflation at 1.7 percent as inflationary fears eased. the stance signals continued tightening after December 2015.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
U.S
U.S. Central Bank
Fed
Treasury
Janet Yellen
Online banks lift savings yields amid rate hikes
Washington Post notes rising Federal Reserve rates have not helped savers until recently. Some online banks now offer nationwide savings yields up to 1.3 percent, up from 1.1 percent earlier this year, while traditional accounts stay around 0.09 percent. Experts say online banks boost yields to attract deposits for more lending.
MENTIONED IN THIS ARTICLE
Federal Reserve
Robert Frick
Navy Federal Credit Union
Bankrate.com
Fed
Greg McBride
Bankrate
Cedar Rapids charity firm helps nonprofits register across states
MY BIZ Business profiles Capstone Charity Resources in Cedar Rapids as a specialized firm guiding not for profits through multi state charitable solicitation registrations. Founder Theresa Bornbach notes Iowa has no registration requirement but other states do and penalties vary including fines and possible prison time. Capstone serves arts and culture, health charities, entertainers and fundraisers with bundled affordable packages and timing tools to meet differing state deadlines. The firm, established in 2014, plans to grow to about ten staff as end of fiscal year deadlines approach.
MENTIONED IN THIS ARTICLE
Edar Rapids
Capstone Resources
Cedar Rapids
Iowa
Minnesota
Illinois
Theresa Bornbach
Capstone
Florida
Bornbach
Capstone Charity Resources
Founder Theresa Bornbach leads Charity Capstone Resources in Cedar Rapids
Theresa Bornbach brings 30 years of regulatory and compliance leadership to Charity Capstone Resources at 222 Third St. SE Suite 600 Cedar Rapids. She cites efficient work flows and HUD program experience after 2008 flood funding as key to assisting small businesses. Contact Michael Chevy.
MENTIONED IN THIS ARTICLE
Theresa Bornbacher
Charity
Capstone Resources
Third St. SE
Suite 600
Cedar Rapids
Capstonecharityresources
Bornbach
Instagram to label paid partnerships for influencer posts
Instagram tests a paid partnership tag to mark brand sponsored posts. The feature, akin to Facebook’s disclosure, aims for greater transparency after FTC scrutiny of influencer ads. Warner Bros and Lord & Taylor previously settled with the FTC over undisclosed paid promotions.
MENTIONED IN THIS ARTICLE
Facebook Inc
Instagram
Charles Porch
U.S. Federal Trade Commission
Warner Bros
FTC
Lord and Taylor
Also Mentioned on This Page
Reuters
Washington Post
Jim Slosiarek
the Gazette
Indian Creek Nature Center
TreeForever
Carolyn Whitehead
Suzanna Rasdal
Jenna Baker
Nancy Lackner
Sara Howieson-Wingert
TreesForever
Nancy Duncan
Michaelchevy
Castranova
Thegazette
TECH
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