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Yellowhammer is Alabama's go-to source for news on business, politics, faith and culture.
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News
Dr. Daniel Sutter: Oil market turbulence
1+ day, 16+ hour ago (791+ words) The price of oil has had more ups and downs than a roller coaster since the start of the Iran conflict. The turbulence results from parties coming together to determine what to expect for the most important commodity. Markets combine…...
Jim Zeigler op-ed: Labor Day is now different in Alabama
6+ day, 15+ hour ago (588+ words) Since the 1960s, the celebration of Labor Day in Alabama has changed. It is still observed on the first Monday in September, which falls on September 7 this year. It has expanded into “Labor Day Weekend,” with activities and off-time often starting…...
Carl, Marques get firsthand look at workforce training at ACT Mobile campus
1+ week, 4+ day ago (469+ words) Republican congressional nominees Jerry Carl and Rhett Marques recently got a firsthand look at how Alabama high school students are preparing for careers in the construction industry during a visit to the Academy of Craft Training’s Mobile campus. Carl and…...
Central Alabama Water clears its $63.9 million debt on schedule
1+ week, 5+ day ago (347+ words) Alabama’s largest water utility cut a $63,890,906 check Tuesday, retiring the 2024 revenue anticipation bond it inherited from the Birmingham Water Works Board. Central Alabama Water borrowed $62,715,000 in September 2024 at a 3.750% fixed rate, due September 1, 2026. The other $1,175,906 was interest. “Paying off the RAB…...
Sec. Greg Reed: ‘More Alabamians are working than ever in the history of the state’
1+ week, 6+ day ago (528+ words) Alabama Secretary of Workforce Greg Reed says more Alabamians are working than at any point in state history as employment continues to grow across the state. “For this year, we have, based on our statistical detail, more Alabamians working than…...
Alabama in running for $434 million Carrier manufacturing plant, nearly 500 jobs
2+ week, 2+ day ago (296+ words) Alabama is in the running for a new Carrier manufacturing plant representing nearly $434 million in investment and almost 500 jobs. Carrier Global Corp., one of the world’s largest heating, ventilation and air conditioning manufacturers, is evaluating Alabama alongside competing sites, including…...
TVA creates new data center rate to protect North Alabama consumers as power demand surges
2+ week, 4+ day ago (398+ words) TVA’s new data center rate is designed to protect North Alabama households and businesses from absorbing the costs of rapidly growing electricity demand from artificial intelligence and large-scale computing facilities. The Tennessee Valley Authority Board approved changes to its wholesale…...
Alabama sees continued job growth and rising wages in July economic data
2+ week, 4+ day ago (378+ words) Alabama Department of Workforce Secretary Greg Reed announced that wage and salary employment increased by 20,400 over the year to 2,209,500, with gains in the leisure and hospitality sector (+10,600), the private education and health services sector (+6,400), and the government sector (+5,400), among others....
Dr. Daniel Sutter: Socialism and government spending
3+ week, 18+ hour ago (458+ words) The Democratic Socialists of America (DSA) seek enormous growth of government. The Cato Institute recently estimated a price tag of possibly $200 trillion for this agenda. Yet socialists proposing government spending still rely on the market economy for their efforts. Viewing…...
ABPP expands reentry pilot to Workforce Alabama
3+ week, 2+ day ago (349+ words) An Alabama reentry pilot aimed at reducing repeat offenses is expanding to Workforce Alabama as state agencies look to better connect probationers and parolees with employment, treatment and other services. The Alabama Bureau of Pardons and Paroles announced the expansion…...