Don’t take a victory lap yet when it comes to the Federal Reserve’s 50 basis point interest rate reduction. Considering that the Fed is far from the only variable in mortgage rates, the reduction is only one piece of the puzzle.

Newsmakers in the areas of banking & finance, education, nonprofit, solar and trucking.

The utility intends to expand its power generation and storage.

The Michael L. Parson Student Union is slated for completion in summer 2026.

Former CEO David Foss was the top-paid officer during the fiscal year that ended June 30.

The municipality has purchased land at Leann Drive and Highway 14 for a one-story project.

Lawrence Yun provides market guidance at event hosted by Greater Springfield Board of Realtors.

Jordan Valley Community Health Center and Fordland Clinic are among funding recipients.

Guest columnist Hunter Johnson: "In this stabilizing environment, insureds will be underwritten more emphatically on their own merit, meaning that favorable rates and terms will be more attainable for high-quality risks that maintain positive loss results."

Newsmakers in the areas of banking & finance, chambers of commerce and health care.

Funding for BIPOC ventures hard to find, officials say.

The program allows customers to support nonprofits through savings accounts.

The 229 Project is slated to offer a winning business a physical location, financial support and mentorship.

The target range for the federal funds rate is lowered to 4.75% to 5%

Students can cut costs with Drury Springfield Promise initiative, school officials say.

Officials say the total "shattered our previous record."

The money goes toward the nonprofit's mission of meeting health, hunger and hygiene needs for students.

The funding goes toward classroom learning experience projects.

Crews are starting with the swap-out of aging natural gas utility pipes in Zone 1.

Springfield Business Journal’s 2024 Trusted Advisers event honors 10 businesspeople, including the Legacy Adviser, a pinnacle award for industry veterans.