Interest Rate

The Year Ahead for Transit in Birmingham

In this week's Magic City Marketplace, what to expect from Birmingham transit in 2017 and the effect of an interest rate hike on Birmingham banks.

Birmingham Restaurants Face Worker Shortage

Birmingham’s food scene wins accolades from the around the country. It seems there’s always a new restaurant to try. But that success has created a new problem. There are not enough people to staff restaurant kitchens. We hear about that from Birmingham Business Journal editor Ty West in this week’s Magic City Marketplace.

The Future of U.S. Steel

What remains of Birmingham’s steel industry took a major hit this summer when U.S. Steel announced it would be idling its blast furnace in Fairfield. About 1,100 workers were laid off. Thousands of more workers have lost jobs there through the decades, but U.S. Steel is trying to stay ahead in a very competitive economy. That’s where we start this week’s Magic City Marketplace.

A New Leader for the University of Alabama System

The University of Alabama System Board of Trustees is set to vote this month on a new leader for the three-campus system. Chancellor Robert Witt announced recently he’ll retire next August. He’s recommended current vice chancellor of finance and operations Ray Hayes for the job. We talk about what that next chancellor faces in this week's Magic City Marketplace.