USDA sets $8 billion farm-aid formula, but rates are pending
The one-time aid will use modeled 2026 crop losses. USDA has not announced individual rates or an application period.
Business & Economy
Jobs, labor, companies, prices, investment, markets, trade, agriculture, energy, and consumer economics.
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APS customers to get November credit and charge pause
The Arizona Corporation Commission approved an automatic November bill credit and a one-month pause in APS’s monthly renewable-energy charge.
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Wisconsin General Fund balance falls $1.299 billion in FY2026
Wisconsin’s undesignated General Fund balance ended FY2026 at $3.307 billion, down about $1.299 billion from the start of the year. The separate Budget Stabilization Fund reached a record $2.0709 billion.
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Florida reports $4.5 million in loans approved for 65 businesses
Florida reported that 65 storm-affected businesses had been approved for more than $4.5 million in repayable, zero-interest loans.
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Georgia revenues rose 2.3% in September as sales taxes climbed
Georgia recorded $3.343 billion in September total state revenues, up 2.3% from a year earlier. Net sales and use taxes and corporate income taxes rose, while individual income-tax receipts declined.
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Delaware pilot coordinates inspections for unopened businesses
Eligible new businesses can opt into a state process to identify applications and coordinate agency reviews and pre-opening inspections.
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Connecticut payrolls reach record highs after September job gain
Connecticut added an estimated 1,400 payroll jobs in September, setting new highs for total and private-sector employment. The unemployment rate remained 5.1%.
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Tenstorrent closes $1.5B Series E at $6.2B valuation
Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation. It plans to scale Galaxy server deployment and advance AI and CPU intellectual property it licenses to customers designing their own chips.
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Washington payrolls fell an estimated 15,400 in September
Washington payroll employment fell an estimated 15,400 jobs in September, even as the unemployment rate dropped to 4.8%.
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South Dakota labor force fell 1.8% as payrolls edged higher
Preliminary September estimates show South Dakota’s labor force and employment in that series declined over the year, while nonfarm payroll employment rose 0.4%.
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IRS begins adoption-credit refunds for more than 50,000 taxpayers
The IRS says a limited 2025 adjustment may make some earlier adoption-credit carryforwards refundable, subject to eligibility rules.
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PGW refinancing expected to save $13.1 million in present value
Philadelphia says a completed $212.845 million PGW bond sale is expected to produce $13.1 million in net-present-value savings.
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Goldman revenue rises 23% as equity revenue jumps 72%
Goldman Sachs reported $18.679 billion in third-quarter revenue, with growth led by Global Banking & Markets and a sharp rise in equities.
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Nevada payroll jobs set record as labor force shrinks
Nevada’s seasonally adjusted payroll jobs reached a record 1,620,200 in September, even as the labor force and employed-resident count fell from August.
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Rhode Island tax amnesty waives penalties starting Dec. 3
A 75-day program will let qualifying taxpayers resolve eligible past-due state taxes with penalties waived and 25% of interest reduced.
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Jersey City ShopRite opens at 85,000-square-foot Everton site
ShopRite of Hudson Exchange Place opened at 99 Provost Street, replacing the Metro Plaza location with a larger supermarket.
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Mesa board reviews Gateway Crossing; no approval vote taken
Mesa’s Design Review Board reviewed Gateway Crossing plans on Oct. 13, but did not take a formal vote.
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Missouri payrolls fall 10,600 in September, led by services
Missouri payrolls declined from August but remained 28,400 above September 2025. Private service industries recorded the largest monthly losses.
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Gulfport Church’s Chicken reopens in rebuilt Pass Road site
Church’s Chicken reopened its Pass Road restaurant on Oct. 15 after several months of closure. The former building was replaced on the same site.
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Georgia employment sets records as payroll jobs edge down
Georgia reported record labor-force and resident-employment totals in September, while payroll jobs slipped by 500 and unemployment claims fell.
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IEA board agrees to accelerate remaining oil-stock releases
The Governing Board agreed to speed the remaining releases from the March 2026 action. About 100 million barrels remained, including planned releases of more than 20 million barrels of diesel.
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Cumulus exits Chapter 11 with lenders owning all equity
Cumulus Media completed its restructuring on Oct. 16, transferring all reorganized equity to former lenders and issuing them $50 million in new notes.