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Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

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www.supertalk.fm – Christopher Rugaber – 2024-09-18 15:34:38

SUMMARY: The Federal Reserve has cut its benchmark interest rate by half a point, marking its first reduction in over four years. This move aims to bolster the slowing job market, lowering the key rate to approximately 4.8% from a previous high of 5.3%. As has decreased from a peak of 9.1% in mid-2022 to 2.5%, the Fed plans additional cuts in upcoming meetings. Chair Jerome Powell emphasized the importance of supporting employment and stated their commitment to stability over political influences. The reflects a shift from combating inflation towards fostering economic growth while addressing rising unemployment concerns.

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Hattiesburg getting more than $2 million to address public housing health hazards

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www.supertalk.fm – Ben Milam – 2024-09-19 14:18:57

SUMMARY: The U.S. Department of Housing and Urban (HUD) has allocated over $2 million to Mississippi to combat residential hazards, particularly -based paint exposure. This is part of an $87 million initiative benefiting 18 states through HUD’s Capital Fund Housing-Related Hazards and Lead-Based Paint Capital Fund programs. The Hattiesburg Housing Authority received $2,023,552 for lead remediation, aiding homes that pose health risks for , especially in low-income families. HUD emphasizes the importance of this funding in addressing harmful living conditions and aligning with standards for assessing housing safety and health hazards.

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Mississippi State football looking to build momentum with $8 million pledge

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www.supertalk.fm – Caleb Salers – 2024-09-19 12:58:54

SUMMARY: Mississippi football is striving to improve after a difficult start to the 2024 season, highlighted by an $8 million anonymous donation to enhance its resources. Athletics Director Zac Selmon emphasized the importance of this investment for elevating the program’s status in college football. a tough loss to Toledo, fan concerns grew, especially with ‘s successes. The will launch the State Excellence Fund, supporting student-athlete resources. Coach Jeff Lebby has started recruiting, securing commitments from high-profile players. The team, currently 1-2, will face Florida in a crucial on Saturday.

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Itawamba Community College cuts ribbon on new softball, tennis complex

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www.supertalk.fm – Caleb Salers – 2024-09-19 11:57:16

SUMMARY: Itawamba Community College recently inaugurated a new softball and tennis complex at its Campus. The -of-the-art facility features a 6,010-square- center with separate locker rooms, , and laundry facilities for both ‘s and women’s teams. Additionally, it includes a press box, a hospitality suite, and two party decks. The complex aims to enhance recruitment and top-notch accommodations for student-athletes, according to ICC Athletic Director Dr. Chad Case. President Dr. Jay Allen expressed gratitude to those involved in the , highlighting its importance for future student-athletes at ICC.

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