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    Revolution Radio Your home for the best variety of Christian music

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Financial News

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Federal Reserve Jerome Powell
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Business News

Federal Reserve starts new instant payment system

WASHINGTON (UPI) -- The Federal Reserve said Thursday that its new system for instant payments to financial institutions has gone live. The Fed said that banks and credit unions can start signing up for the system, called the FedNow Service, which will allow for instant money transfers for customers at any time of the day. "The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient," Federal Reserve Chair Jerome Powell said in a statement. "Over time, […]

todayJuly 20, 2023 501

Illinois
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Business & Lifestyle

Illinois hotels report record revenues for FY23

CHICAGO (Capitol News Illinois) – For hoteliers, business is booming in Illinois. On Monday, Gov. JB Pritzker, the state’s legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30. Across the state, hotels brought in $307.8 million, according to figures from the state’s Department of Revenue. That beats fiscal year 2019, the previous record year for hotel income and the last year before the pandemic upended […]

todayJuly 11, 2023 51

AI
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Business News

AI is more helpful than a hindrance

Artificial intelligence, or AI, is the most divisive topic in this half of 2023. But far removed from the doom and gloom scenarios, AI is helping both businesses and their employees achieve larger goals. From helping inexperienced staff to human resources issues, the applications are far and wide. If, as an employer, you aren’t convinced, here are a few examples for your consideration. Reducing workplace risk There is risk in almost any sector. And the volume directly dictates how much […]

todayJuly 8, 2023 45

gas prices
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Business & Lifestyle

Gas prices wobble, but not falling

WASHINGTON, D.C. — Gas prices at the pump barely budged over the past week, despite the expected demand surge due to the Independence Day holiday. AAA predicted that more than 43 million people would hit the road to celebrate the nation’s birthday. Despite the record number, the national average for a gallon of gas drifted two cents lower since last week to $3.52. “Gas prices may rise over the next few days based on slightly higher demand,” said Andrew Gross, AAA […]

todayJuly 6, 2023 64

stocks stock business
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Business & Lifestyle

Stocks rise after strong first half of 2023

NEW YORK (UPI) -- The U.S. stock markets closed early Monday in observance of the Fourth of July holiday with the Dow, S&P 500, and NASDAQ all rising. Monday marked the start of the second half of 2023 and added to a strong first half for the markets. The Dow Jones Industrial Average rose 10.87 points, or 0.032%, to close at 34,418.47. The S&P 500 was up 5.21 points, or 0.12%, closing at 4,455.59, and the NASDAQ Composite jumped 28.85 points, […]

todayJuly 3, 2023 59

Microsoft Activision Blizzard
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Business & Lifestyle

Microsoft, Activision Blizzard deal on hold

SAN FRANCISCO -- A $69 billion deal by Microsoft to acquire Activision Blizzard is on hold...for now. According to MarketWatch, U.S. District Judge Edward Davila issued a temporary restraining order (TRO) in San Francisco over regulatory reasons. The approved request, which came from the Federal Trade Commission (FTC), was a "maintain the status quo" decision. An evidentiary hearing will be heard next week to determine whether there will be a preliminary injunction approval. With FTC approval, the deal would have […]

todayJune 13, 2023 47

frugal living
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Business & Lifestyle

What’s the deal with frugal living?

Frugal living has seen a meteoric rise in popularity over the last several years, as more people seek ways to save money and simplify their lifestyles. Although some may mistakenly assume frugality means being cheap or stingy, it actually promotes conscious consumption and informed financial decisions. In this post, we'll investigate why frugal living has become so popular and examine its underlying principles. Frugal saving of money Frugality is often chosen because it helps individuals save money. Living frugally involves […]

todayApril 5, 2023 391

beauty business
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Business & Lifestyle

Key trends for the beauty sector in 2023

The beauty industry is dynamic and ever-evolving. The changes come regularly with new products, technologies, and trends. In recent years, the industry has seen significant growth. It is driven by various factors, such as the rise of social media, growing interest in wellness, and the popularity of natural and sustainable products. As consumer preferences and needs change, beauty brands must adapt to stay competitive and relevant in the market. Understanding the latest industry trends is crucial for businesses looking to […]

todayFebruary 15, 2023 401

Farmland Partners
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Business & Lifestyle

Farmland Partners acquires Illinois farmland

DENVER (Business Wire) -- Farmland Partners Inc. (NYSE: FPI) announced Saturday that it purchased 291 acres of farmland in Schuyler County, Illinois, for $2.16 million. FPI won the property during an auction held on November 29. “We continue to hunt for prime farmland that can be purchased at a good price. We prioritize properties that are close to other FPI farms because it creates efficiencies and drives strong rental rates,” said Paul Pittman, FPI’s Chairman and CEO. “This acquisition checks […]

todayFebruary 5, 2023 511

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