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MONEY AND FINANCE

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"Gov. Doug Burgum and the North Dakota Legislature are currently promising to allocate some of the Legacy Fund as either income tax or property tax relief because, even with their allocations to individual projects, the fund keeps growing," writes Fargo resident Thomas Vesel. "Instead, provide $300 of relief each year to every eligible North Dakotan and their dependents."
The central bank is expected to raise rates by 75 basis points for a fourth straight time at the conclusion of its next policy meeting on Nov. 1-2.
U.S. District Judge William Griesbach in Green Bay threw out the case, noting that merely paying taxes is not enough to challenge federal actions.
The current application is in a beta stage, according to White House officials, and submissions received during the beta period will not be processed until the finalized application goes live.
Excluding the volatile food, energy and trade services components, producer prices also rose 0.4% in September. The so-called core PPI gained 0.2% in August.
Rep. Phil Jensen called for a special session to be held in Pierre on Nov. 3, just five days ahead of Election Day.

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A review of financial disclosure forms submitted by some U.S. Representatives discovered provider names are difficult or nearly impossible to read.
Data released by the Biden administration indicates as many as 42.3 million borrowers could have a total of $685 billion in student loans forgiven, assuming all eligible borrowers receive the full amount.
"This is the fifth consecutive quarter that North Dakota has seen double-digit growth in taxable sales and purchases," North Dakota Tax Commissioner Brian Kroshus said via press release. "This growth shows that the state’s economy has been consistently growing since the second quarter of 2021.”

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