Fed cuts rate to spur economy and lower borrowing costs
The Fed rate cut aims to ease credit costs for consumers and businesses by reducing interest on credit cards, home equity, personal, and auto loans while lowering savings yields. Banks including Bank of America and Banc One cut prime rates, with Capito l Federal Savings noting a 0.5 percent drop for executive home equity loans come June 1. Savers face reduced returns as rates fall.
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Terry Sutcliffe
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KU students plan to revitalize Kansas City's urban core
KU architecture and urban design students study a light rail plan for Kansas City Missouri linking Plaza midtown downtown riverfront and North Kansas City The project aims to educate voters ahead of an August ballot proposal for a half cent sales tax to fund transit The studio has run since 1987 with past projects spanning parks Union Station and the West Bottoms.
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West Bottoms
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