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Money & Markets

U.S. renewable electricity surpassed coal in 2022

Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration announced Monday. Renewables also surpassed nuclear generation in 2022 after first doing so last year. Growth in wind and solar significantly ...

Deal to buy Silicon Valley Bank calms bank fears, for now

NEW YORK — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in banks around the world. The Federal Deposit Insurance Corp. and other regulators had already taken ...

Fed’s unwanted ally in bid to tame inflation: Credit crunch

WASHINGTON — The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: a cutback in bank lending. The upheaval in the financial system that’s followed the collapse of two major U.S. banks is raising the ...

Pay transparency is spreading. Here’s what you need to know

the Associated Press NEW YORK — U.S. employers are increasingly posting salary ranges for job openings, even in states where it’s not required by law, according to analysts with several major job search websites. Following new legislation in New York City, California, Washington, ...

Forging a United Way

By her own admission, Marshalltown Area United Way Executive Director Kendra Sorensen runs on coffee and passion. The caffeine fuels her drive to help others succeed. Perhaps she coached your child in sports, has sat next to you at a Rotary or Assistance League of Marshalltown meeting, or ...

Home sweet home

When Kelli Thurston and her husband Tommy graduated from Iowa State University in 2011, the couple, both of whom grew up in Marshalltown, moved to southern Indiana and quickly realized how much they missed Iowa as they were 11 hours away from friends and family. When an opportunity arose for ...