Latest news with #Associated
Yahoo
16-05-2025
- Business
- Yahoo
Construction costs dip, but tariffs hike some materials' prices
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Construction input prices decreased 0.1% in April compared to the previous month, while nonresidential construction costs continued their upward march and rose 0.2%, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics' Producer Price Index data. ABC Chief Economist Anirban Basu attributed the overall decline to falling energy prices. Gas prices fell 7.1%, while prices for unprocessed energy materials and crude petroleum were down 5.0% and 4.9%, respectively. That dip follows three months of increases, including unusually steep jumps in March. Overall construction input prices are 0.1% higher than a year ago, while nonresidential construction input prices are 0.2% higher. Although cheaper energy costs drove prices down, President Donald Trump's tariffs are still having an impact, according to Basu. 'Materials directly affected by tariffs saw sharp price increases for the month. Steel mill product prices, for instance, rose 5.9%, while copper wire and cable prices increased 5.0%,' Basu said in the release. In the first earnings season for public construction companies since Trump announced tariffs for most countries on April 2, executives mostly downplayed their impact, though some noted that uncertainty is keeping clients on the sidelines. Tools manufacturer Stanley Black & Decker, for one, is raising its prices to mitigate tariff impacts. Trump recently agreed to a 90-day tariff truce with China and is advancing a deal with the U.K., which has bolstered the stock market, according to Politico. Nonetheless, many tariffs remain in place for the foreseeable future, including those on certain building materials, and they are widely expected to make items more expensive and drive inflation higher in the months ahead. 'While recent developments have reduced tariff-related uncertainty, the 25% tax on steel and aluminum imports remains in place, and a sudden resumption in imports from China could cause an increase in shipping prices,' Basu said. Indeed, Federal Reserve Chair Jerome Powell warned Thursday that the U.S. could face an increase in supply shocks, according to CBS news. "We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks," Powell told reporters. Despite this, builders are staying optimistic. Just 1 in 4 contractors expect their profit margins to contract over the next six months, according to ABC's Construction Confidence Index. Construction backlog also rose to its highest level since September 2023, per ABC.
NBC Sports
12-05-2025
- Sport
- NBC Sports
NBC SPORTS' 2025 NOTRE DAME FOOTBALL SCHEDULE HEADLINED BY PRIMETIME GAMES AGAINST TEXAS A&M, USC, AND NAVY ON NBC AND PEACOCK
Fighting Irish Open 35th Season on NBC Against Texas A&M (Sept. 13 at 7:30 p.m. ET) Peacock Exclusively Streams Matchup Against NC State on Oct. 11 at 3:30 p.m. ET, Presenting an Exclusive Notre Dame Football Game for Fifth Consecutive Year Notre Dame Faces Historic Rivals USC (Oct. 18 at 7:30 p.m. ET) and Navy (Nov. 8 at 7:30 p.m. ET) All 2025 Notre Dame Football Games on NBC to be Simulstreamed on Peacock Fighting Irish Finished #2 in Final 2024 Associated Press Poll STAMFORD, Conn. – May 12, 2025 – NBC Sports today announced the schedule for its unprecedented 35th season broadcasting Notre Dame Football, headlined by primetime games against the Texas A&M Aggies on Saturday, Sept. 13; USC Trojans on Saturday, Oct. 18; and Navy Midshipmen on Saturday, Nov. 8, all on NBC and Peacock. The Fighting Irish are expected to be led by star running back and Heisman contender Jeremiyah Love, 2024 Freshman All-American cornerback Leonard Moore, and Wisconsin transfer wide receiver Will Pauling, a 2023 third-team All-Big Ten selection. Notre Dame opens its home slate against Texas A&M on Saturday, Sept. 13, at 7:30 p.m. ET on NBC and Peacock, in a rematch of last season's opener that saw the Fighting Irish win, 23-13, on the road against the then-No. 20 Aggies. This will be the first time since 2000 that Texas A&M will play in South Bend. Notre Dame leads the all-time series, 4-2. For the first time in program history, Notre Dame will take on Boise State on Oct. 4 at 3:30 p.m. ET. The Broncos are coming off one of their best seasons in school history, winning the Mountain West Conference and appearing in the College Football Playoff, where they fell to No. 5 Penn State. Peacock exclusively streams a Notre Dame Football game for the fifth consecutive season on Saturday, Oct. 11, when the Fighting Irish host North Carolina State at 3:30 p.m. ET. The Fighting Irish defeated the Wolfpack, 45-24, in their most recent meeting in 2023. Notre Dame hosts a pair of historic rivals in back-to-back home games against USC (Oct. 18 at 7:30 p.m. ET) and Navy (Nov. 8 at 7:30 p.m. ET). In a rivalry dating back to 1926, Notre Dame leads the all-time series against the Trojans, 52-38-5, having won six of the previous seven matchups. In another longstanding series dating back to 1927, Notre Dame has an 83-13-1 all-time record against the Midshipmen and has won the past seven games. NBC Sports will also present home games against in-state rival Purdue on Sept. 20 at 3:30 p.m. ET and Syracuse, coming off a successful season that ended in a Holiday Bowl win, on Nov. 22 at 3:30 p.m. ET. Throughout the 2025 season, Peacock will simulcast all Notre Dame games airing live on NBC, including pre- and postgame coverage. Peacock has previously provided exclusive live coverage of the Notre Dame Football Blue-Gold game, Notre Dame Pro Day and Notre Dame hockey. Eligible students can sign-up for Peacock's Student Discount offer, available for $1.99/month. For more information and to sign-up, click here. Last year, in head coach Marcus Freeman's third season leading the program, the Fighting Irish finished No. 2 in the Associated Press rankings with a 14-2 record, culminating in the program's first National Championship Game appearance since 2012, a loss to No. 1 Ohio State. En route to the title game, the Fighting Irish notched victories against No. 5 Penn State, No. 6 Georgia, and No. 10 Indiana in the inaugural 12-team College Football Playoff. Notre Dame's 2024 season was captured in the exclusive Peacock documentary series, Here Come the Irish, providing an exclusive, behind-the-scenes look at the iconic program's historic campaign. To watch all eight episodes, click here. NBC Sports and the University of Notre Dame began their landmark Notre Dame Football relationship in 1991 and have renewed the partnership numerous times. The current agreement runs through the 2029 season. NBC SPORTS' 2025 NOTRE DAME FOOTBALL SCHEDULE --NBC SPORTS--
Yahoo
06-05-2025
- Business
- Yahoo
Associated Bank sees new hires driving commercial growth
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Having added new bankers and lending verticals, Associated Bank is chasing growth in its commercial bank, even as economic uncertainty lingers. Green Bay, Wisconsin-based Associated recently hired three relationship managers for its commercial banking team in Kansas City, Missouri. All three come from super-regional U.S. Bank, where Phil Trier, the bank's head of corporate and commercial banking, spent more than two decades before he joined Associated 15 months ago. 'I knew all three of them very well from my predecessor bank, and how talented they are, and really excited about the impact that they're already making in a relatively short period of time,' Trier said. Phil Trier, Associated Bank's head of corporate and commercial banking Those three bankers will cover Kansas, Oklahoma and Texas for the $43 billion-asset lender. 'We're going to pause there a little bit, get the level of execution up, and then over time, I could see us growing that team, as well as looking at a more adjacent state kind of hiring strategy,' Trier said. More broadly, the bank has hired 25 relationship managers across its core footprint in the last two years, who have come from large national, regional and community banks, he said. 'A lot of what we do is driven by talent,' he said. 'Talent is going to lead where we go and help drive those decisions.' The Midwest lender has completed planned investments in technology and people in its corporate and commercial segment, which serves companies with revenues of $25 million or more and includes specialty businesses such as equipment finance and treasury management. As part of his strategy, Trier also introduced a new deposit-centric vertical with a national scope, focusing on title and escrow companies, property management firms and some fintech businesses. The banker hired to lead that endeavor, Rick Bruhn, is also a U.S. Bank veteran. Now, the bank is focused on execution, strengthening Associated's core business in the Midwest and expanding in newer markets. That growth is fundamental to the bank's strategy: Expanding the commercial bank is geared toward diversifying the bank's balance sheet, as Associated rebalances from being more focused on lower-yielding consumer mortgages and consumer debt, to growing its commercial business and enhancing the products and services it offers those customers, Trier said. That's ultimately designed to bolster profitability. Especially in what Trier referred to as a 'hyper-competitive market,' talent wins 'can make a material difference,' he said.
Business Journals
23-04-2025
- Business
- Business Journals
Associated Bank opens first Missouri branch in Dellwood, near St. Louis
By submitting your information you are agreeing to our Privacy Policy and User Agreement . Join the Milwaukee Business Journal to unlock even more insights! Associated Bank now has nine branches in the St. Louis area, with all of its previously existing locations on the Illinois side of the Mississippi River. AT A GLANCE Associated Bank opened its first Missouri branch The Green Bay-based bank now has nine branches in the St. Louis metro area. All of Associated's previously existing locations were on the Illinois side of the Mississippi. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Wisconsin's largest state-based bank has opened its first branch in Missouri, which is its ninth in the St. Louis metro area. Green Bay-based Associated Bank built out a nearly 6,000-square-foot space at 10044 W. Florissant Ave. in the Delwood Crossing shopping center. The bank chose Dellwood after forming an advisory council that identified the need for a branch and a Community Advocacy Center in the Dellwood-Ferguson area, said Shawn McCutcheon, Associated Bank's St. Louis-Metro East president. The Community Advocacy Center is a space where events can be held to cover issues including financial literacy, hosting seminars for first-time homebuyers, and helping seniors with concerns about elder abuse and fraud, McCutcheon said. McCutcheon declined to say how much the bank spent to convert the vacant space into the branch or details of the long-term lease. The branch has seven employees: a manager, a relationship banker, a universal banker, a teller, two affordable mortgage lenders and a community accountability officer. expand Shawn McCutcheon, Associated Bank's St. Louis-Metro East president Associated Bank The branch gives Associated a presence in four states. The bank also operates in Wisconsin, Minnesota and Illinois. In 1997, Associated Bank entered the St. Louis market through the acquisition by its parent company, Associated Banc-Corp (NYSE: ASB), of First Financial Corp. Associated also added branches with the 2020 purchase of First National Bank in Staunton, Illinois. Before Monday's opening in Dellwood, all of Associated's St. Louis-area branches were on the Illinois side of the Mississippi, known as Metro East. Associated Bank ranked as the 54th fastest-growing bank in the St. Louis area, based on year-over-year percentage change increase in total deposits at 4.21%, according to St. Louis Business Journal research published on April 11. These are the 112 fastest-growing banks in the St. Louis region Year-over-year change (%) Rank Prior Rank Company name 1 1 1st Advantage Bank 2 2 Bank & Trust Co. 3 3 The Bank of Old Monroe View this list Largest Milwaukee-area banks Local deposits 6-30-24 Rank Prior Rank Business name 1 1 U.S. Bank NA 2 2 BMO Bank NA 3 3 JPMorgan Chase Bank NA View this list
Dubai Eye
19-04-2025
- Sport
- Dubai Eye
Cosmin Olăroiu appointed coach of UAE football team
The UAE Football Association has appointed Cosmin Olăroiu as the national team's Head Coach, it was announced on Saturday. The Associated said it signed a two-year contract with Romanian national Olăroiu. The new appointment comes less than a month after the team's former coach, Paulo Bento, was sacked just a day after the UAE's AFC World Cup qualifier victory against North Korea. Bento's backroom staff were also dismissed. Olăroiu has coached a series of decorated clubs in the region, including Al Hilal, Al Sadd, Al Ain, and Al Ahli. He has been coaching the Sharjah football team since 2021 after returning from his post in Jiangsu Suning under the Chinese Super League, where they won the Super League title for the first time in the club's history. He also guided Sharjah to the AFC Champions League Two final. The UAE national team is currently in third place in Group A of the Asian qualifiers for the 2026 World Cup with 13 points after Uzbekistan (17 points). Iran leads with 20 points. The UAE national team will face Uzbekistan and Kyrgyzstan in the final matches of the qualifiers on 5th and 10th June respectively.
