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Builder confidence plunges on rising interest rates, growing affordability woes

In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the...

Corridor businesses respond to Russia-Ukraine conflict

Several businesses and industries with operations in the Corridor have issued official statements and responses to Russia’s invasion of Ukraine in late February –...

Builder confidence edges lower on inflation fears

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in...

Builder confidence up on strong demand, NAHB survey shows

Low existing inventories and strong buyer demand are helping to push builder confidence higher for the third consecutive month even as supply-side challenges —...

The pandemic changed banking, but what will stick?

Seven months after COVID-19 was declared a global pandemic and eight months after a recession was declared, Iowa’s financial institutions continue to adapt. “I feel...

The pandemic changed banking, but what will stick?

Seven months after COVID-19 was declared a global pandemic and eight months after a recession was declared, Iowa’s financial institutions continue to adapt. “I feel...

Wells Fargo sets closing for CR branch

Wells Fargo Bank, 1800 First Ave. NE, Cedar Rapids By CBJ News Staff newsroom@corridorbusiness.com Wells Fargo confirmed it is permanently closing its branch office at 1800 First...

Wells Fargo to expand PPP lending as fed lifts cap

By CBJ News Staff news@corridorbusiness.com Wells Fargo, which said Sunday that its lending plans for the Paycheck Protection Program (PPP) had reached a bank-imposed $10 billion limit,...

Wells Fargo to expand PPP lending as fed lifts cap

By CBJ News Staff news@corridorbusiness.com Wells Fargo, which said Sunday that its lending plans for the Paycheck Protection Program (PPP) had reached a bank-imposed $10 billion limit,...

Wells Fargo limits PPP loans amid fed asset cap

By CBJ News Staff news@corridorbusiness.com Wells Fargo & Co. is expecting to be a big player in the new Paycheck Protection Program (PPP), with the goal of...

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