rural

Federal regulators cancel LTD rural broadband funding, leaving Minnesota buildout in limbo

Federal regulators cancel LTD rural broadband funding, leaving Minnesota buildout in limbo

Federal regulators have quashed LTD Broadband’s controversial efforts to become a major provider of rural broadband in Minnesota and several other states, leaving the buildout program in limbo. LTD, which had won $311 million in federal subsidies to deploy broadband in Minnesota alone, “is not reasonably capable of complying” with requirements for the program, the …

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‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services.  While economists say raising the interest rate will help cool consumer demand and hopefully ease record-high inflation, it will also raise the cost of borrowing for everything from houses …

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard Read More »

Inflation is crippling rural America and may even drive people to the cities

Inflation is crippling rural America and may even drive people to the cities

A combination of factors is pushing some people in rural areas to consider moving closer to cities. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images A combination of factors is pushing some people in rural areas to consider moving closer to cities. Spencer Platt/Getty Images Inflation is crippling rural America and driving some …

Inflation is crippling rural America and may even drive people to the cities Read More »