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VIDEO: Project515 – Affordable Housing Outlook

Even before the start of the pandemic, Iowa — and the U.S. — faced an affordable housing challenge. As the pandemic lingered, the challenge became more acute. The Business Record hosted our Project515 virtual event …

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Facing GOP challenge, immigration groups merge

Axios: Two leading immigration groups — the New American Economy and the American Immigration Council — are merging, in part to prepare for a potential Republican takeover of Congress. Immigration has increasingly become a central U.S. …

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State sales and corporate taxes up, personal income taxes flat

Radio Iowa: State tax receipts in Iowa in the past five months increased nearly 6% compared with the same period a year ago. “Gains in sales and use tax as well as corporate income tax remain …

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Iowa Leading Indicators Index sees gains in October

The Iowa Leading Indicators Index increased 0.4% in October from September, following a 0.1% increase last month. The monthly diffusion index rebounded this month, increasing to 81.3 from 50 in September.

The Iowa nonfarm employment …

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CNN fires Chris Cuomo amid inquiry into his efforts to aid his brother

New York Times: The star anchor Chris Cuomo was fired by CNN on Saturday, completing a stunning downfall for the network’s top-rated host amid a continuing inquiry into his efforts to help his brother, Andrew Cuomo, …

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Lee Enterprises rejects board nominations from would-be buyer Alden

St. Louis Post-Dispatch: Davenport-based Lee Enterprise on Friday rejected a prospective buyer’s attempt to nominate three new board members next year, citing procedural flaws in its filing. Lee said New York hedge fund Alden Global Capital’s …

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Report: Female truck drivers reached all-time high of 7.8% of industry in 2020

The U.S. trucking industry moved 10.23 billion tons of freight in 2020, generating $732.3 billion in revenue, according to the latest edition of American Trucking Associations’ “American Trucking Trends 2021,” released last week. Trucking volume …

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$4M in state funding to expand regional career academies for rural school districts

Des Moines Community College and three other community colleges have each been awarded $1 million from the Career Academy Incentive Fund. The state funding is intended to increase access to career academy programs in high-demand fields through …

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Iowa gets millions from infrastructure bill to upgrade water plants, limit lead and ‘forever chemicals’

Des Moines Register: The U.S. Environmental Protection Agency says Iowa will receive more than $110 million from the new federal infrastructure bill to upgrade aging water infrastructure and tackle toxic “forever chemicals.” The funding, announced Thursday, …

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IPERS reports 29.6% FY21 investment return, reduces unfunded liability

Double-digit earnings over the past fiscal year boosted the Iowa Public Employees’ Retirement System (IPERS) Trust Fund to a record $42.85 billion market value, and enabled IPERS to significantly reduce its unfunded liability. “IPERS achieved …