Raising Rates

Latest News for: Raising rates

Immigration plays a key role in economic growth, Kashkari says

The Times & Democrat 23 Jun 2018

population is growing at its slowest rate since the 1930s ... Separately, Kashkari said that he thinks the Federal Reserve committee that sets interest rates - he is a nonvoting member in 2018 - should be moving to a neutral stance. The committee, which last week raised interest rates for a second time this year, has nearly reached its dual mandate of promoting full employment and getting inflation to a target rate of 2 percent....

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Duke Energy can't raise its rates in Charlotte, the state ruled. That rarely happens.

The Herald-Sun 23 Jun 2018

A state regulator on Friday rejected Duke Energy’s request to raise customers rates in Charlotte, ordering it instead to cut those rates ... Duke must now submit a plan to the commission for how rates will be impacted ... Opposing a rate hike ... Critics had also expressed frustration that Duke pushed to raise rates the same year it revealed CEO Lynn Good was given a 55 percent increase in compensation last year, taking her to $21.4 million....

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The Latest: Tax deal reached, passed by Louisiana House

Waco Tribune-Herald 23 Jun 2018

Alario says senators might rewrite the budget bill to spend the $463 million the tax would raise ... The bill would keep the state sales tax rate at 4.45 percent through mid-2025 and would raise $463 million for the upcoming budget ... Then, they voted to spend the $463 million it would raise for the budget that begins in July ... The bill would keep the state sales tax rate at 4.45 percent through mid-2025....

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The Latest: La. lawmakers hope to end session Sunday night

Waco Tribune-Herald 23 Jun 2018

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The Latest: Edwards praises House-passed budget, tax deal

Herald-Standard 23 Jun 2018

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N Carolina regulators deny Duke Energy rate increase request

Winston-Salem Journal 23 Jun 2018

(AP) — North Carolina regulators have denied a request from Duke Energy to raise electric rates and ordered the utility to refund $60 million in deferred taxes to customers....

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Local education officials discuss state Supreme Court ruling on tax bill to fund teacher raises

Sand Springs Leader 23 Jun 2018

Oklahoma Taxpayers Unite sought to put House Bill, which was signed by Governor Mary Fallin around the time of the statewide teacher walkout and raised revenue for a $6,100 average teacher pay raise by an increase of $1 per pack of cigarettes; taxing little cigars at the same rate as cigarettes; raising the fuel tax by 3 cents a gallon on gasoline ......

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Are Certificates of Deposit Worth It Right Now?

Guthrie News Leader 23 Jun 2018

Rates on certificates of deposit are finally rising ... And when CD rates go up, as they have in the past year, you’ll earn more money ... Here’s a closer look at why CD rates have climbed, and whether getting one right now makes sense for you.CD rates are climbing ... Missed opportunities for higher rates later ... If your bank has raised rates since you started the ladder, you benefit from higher rates with each new CD....

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Main Street Capital's Crown Jewel

Seeking Alpha 23 Jun 2018

Both of these figures are enviable, and, as you can see in the image above, management isn't shy about applying higher interest rates when it's called for ... 21% has a rate of just ... If you can't raise interest rates even when the Federal Reserve is raising them and are instead battling falling rates, then there are likely some negative issues at play....

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Are caretakers repeating the history of economic brinkmanship?

The News International 23 Jun 2018

They cannot take major policy decisions but are at liberty to adjust the petroleum products rates, give green signal to the central bank to let rupee find its own market value, raise the electricity tariff, etc. It cannot increase tax rates or levy new taxes.However, ... High transportation cost of agricultural produce impacts fruits and vegetable rates....

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Louisiana legislators try to circumvent state constitution to raise nearly $1billion in taxes

News-Press Now 23 Jun 2018

After a failed attempt Thursday to pass legislation to close a budget shortfall, the Democrat-led Senate Revenue & Fiscal Affairs Committee on Friday advanced a resolution to raise nearly $1 billion by allegedly circumventing the state constitution to extend a tax that is set to expire on June 30 ... But Edwards proposes legislation that would make the sales tax rate 4.5 percent on July 1, extending half a cent of the expiring penny....

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Private sector loans increase 4.3pc to Rs563.9bln in July-June

The News International 23 Jun 2018

Similarly, affordable rates and increasing disposal incomes also contributed to the expansion in consumer financing.The State Bank of Pakistan hasn’t issued breakup of the private sector credit figures, but tracking the previous record, analysts said the upward growth in the corporate lending was due to higher manufacturing loans.“The ......

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Breakthrough: Louisiana House reaches sales tax renewal deal

Hastings Tribune 23 Jun 2018

Paula Davis, would keep the state sales tax rate at 4.45 for seven years ... John Bel Edwards's push for a 0.5 percent rate and House GOP leaders' push for a 0.4 percent rate and stop Louisiana's third special session this year from crashing and burning without an agreement, like the prior two ... The proposal would raise $463 million — $43 million less than needed to fully finance the upcoming budget....

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