Economy

Community

Tanana Chiefs Conference was awarded a $35 million grant from the USDA Rural Development to...

$35 million grant allocated to TCC for rural broadband internet

Updated: Sep. 21, 2023 at 10:14 AM AKDT

By Bethany Doudna

USDA Rural Dev. granted Tanana Chiefs Conference a $35 million grant to bring high-speed broadband internet to rural Alaska.

Economy

Fairbanks North Star Borough Assembly Building

Latest Community Research Quarterly holds some good news for Fairbanks economy

Updated: Sep. 16, 2023 at 9:49 AM AKDT

By Alex Bengel

The CRQ keeps track of a variety of trends in the borough, from housing prices to employment.

Economy

Fairbanks North Star Borough seeks public input on Capital Improvement Program

Updated: Sep. 13, 2023 at 12:45 PM AKDT

By Alex Bengel

Until October 1, interested residents can submit projects they would like to see covered by the program.

Economy

Funding is being made available as part of a program to help communities covered by the Alaska...

EPA announces $2.5 million to clean up contamination at three ANCSA communities

Updated: Sep. 2, 2023 at 12:22 PM AKDT

By Alex Bengel

Funding is being made available as part of a program to help communities covered by the Alaska Native Claims Settlement Act of 1971.

Economy

The mine, located near the community of Tetlin southeast of Tok, has garnered some controversy...

Manh Choh mining project kicks off with ceremonial ground breaking

Updated: Aug. 30, 2023 at 10:59 AM AKDT

By Alex Bengel

The mine, located near the community of Tetlin southeast of Tok, has garnered some controversy since its inception.

News

Federal judge rules against state agency to maintain oil and gas lease halt

Updated: Aug. 8, 2023 at 11:17 AM AKDT

By Joey Klecka and Georgina Fernandez

A state agency that appealed a temporary moratorium on oil and gas leases on Alaska’s North Slope was denied by a federal judge Monday, preventing any development from starting in the immediate future.

News

Yukon River Chinook Salmon run summer, 2023.

Yukon fisheries face continued struggle with record low populations

Updated: Jul. 10, 2023 at 10:23 AM AKDT

By Adrian Peterson

Low salmon populations on the Yukon River continue to present challenges for residents and government.

Economy

Those who successfully bid on an item of land have 60 days to pay the full amount.

IRS to auction off plots of land in Southcentral Alaska

Updated: Jul. 6, 2023 at 4:35 PM AKDT

By Alex Bengel

Those who successfully bid on an item of land have 60 days to pay the full amount.

Economy

The Biden administration touts its economic policy as "Bidenomics."

POTUS administration touts economic policy known as “Bidenomics”

Updated: Jun. 29, 2023 at 5:52 PM AKDT

By Alex Bengel

Monday, June 26 saw the announcement of around one billion dollars in funding from the infrastructure act to improve broadband access in Alaska.

Economy

According to Explore Fairbanks President and CEO Scott McCrea, “We’re seeing more a return to...

Fairbanks summer tourism season picks up post-pandemic

Updated: Jun. 12, 2023 at 6:34 PM AKDT

By Alex Bengel

According to Explore Fairbanks President and CEO Scott McCrea, “We’re seeing more a return to normalcy.”

Extended Forecast

News

Agriculture Education Day highlights efforts to improve food security in Alaska

Updated: Jun. 6, 2023 at 6:03 PM AKDT

By Adrian Peterson

The DNR hosted Agriculture Education Day in Nenana to teach the public more about their agricultural projects.

Economy

Fairbanks North Star Borough updates software for property tax system

Updated: May. 27, 2023 at 8:54 AM AKDT

By Alex Bengel

The current system, called TACS, has been in use for nearly 30 years and is outdated.

Economy

Fairbanks North Star Borough Treasury counter adjusts hours

Updated: May. 25, 2023 at 5:52 PM AKDT

By Alex Bengel

The counter will open from 8:00 a.m. to 9:30 a.m., then reopen at 11:30 a.m. and stay available until 5:00 p.m.

News

Alaskans have faced a decline in personal income for over a decade

Updated: May. 25, 2023 at 10:36 AM AKDT

By Adrian Peterson

After the oil boom, Alaska's per-capita income decreased compared to the national average.

Community

Fairbanks MACS Transit system to reduce services, seeks public input

Updated: May. 16, 2023 at 5:39 PM AKDT

By Alex Bengel

Facing the need to cut or reduce services, the borough is looking for community feedback.

Community

Polaris Building: The road to demolishing a Fairbanks landmark

Updated: Apr. 30, 2023 at 10:47 AM AKDT

By Alex Bengel

71 years after its triumphant debut, and after decades of neglect, the Polaris Building’s demolition is imminent.

Economy

Fairbanks International Airport seeks incentive pay for strained operation shortages

Updated: Apr. 27, 2023 at 11:05 AM AKDT

By Alex Bengel

Employee shortages are seen in maintenance staff, electricians and plumbers at FAI.

News

Fairbanks City Council passes resolution for downtown developments

Updated: Apr. 26, 2023 at 10:17 AM AKDT

By Adrian Peterson

Fairbanks City Council passes resolution 5062, supporting new developments in downtown Fairbanks.

News

Alaska’s cannabis industry searches for solutions to slowed growth

Updated: Apr. 21, 2023 at 3:34 PM AKDT

By Adrian Peterson

As the industry growth and revenue sees a plateau, state and industry leadership explore ways to help the industry.

Community

Fairbanks MACS Transit opens bus stop in Aurora neighborhood during bridge closure

Updated: Apr. 20, 2023 at 8:25 PM AKDT

By Alex Bengel

While stops along Aurora Drive have been closed due to the Noyes Slough bridge replacement a new stop is being added.

News

After 7 years Alaska’s cannabis industry slows

Updated: Apr. 20, 2023 at 7:47 PM AKDT

By Adrian Peterson

From constitutional debates to legalized sales, Alaska's industry starts to see a plateau post-pandemic.

Community

Family Friendly Workplace Awards honor Interior Alaska businesses

Updated: Apr. 20, 2023 at 5:13 AM AKDT

By Alex Bengel

Recipients were nominated by people in the community, and were categorized by type of business or organization and number of employees.

News

Dept. of Fish & Game release projected salmon harvest for 2023

Updated: Apr. 13, 2023 at 9:26 AM AKDT

By Adrian Peterson

Predicted harvests areas include the Gulf of Alaska, the Bering Sea, and the Arctic-Yukon-Kuskokwim region.

Economy

FNSB Mayor Bryce Ward presents FY 2024 borough budget proposal

Updated: Apr. 6, 2023 at 8:51 AM AKDT

By Alex Bengel

The proposed Fiscal Year 2024 Comprehensive Operating Budget for the Fairbanks North Star Borough stands at just over $188 million.

Economy

Interior residents called to recognize family-friendly local businesses

Updated: Mar. 30, 2023 at 8:50 AM AKDT

By Alex Bengel

The Fairbanks North Star Borough is accepting nominations for the Family Friendly Workplace awards.

Economy

Alaska struggles with work related stress, job retention unseen in other states

Updated: Mar. 23, 2023 at 9:49 AM AKDT

By Adrian Peterson

Alaska faces some of the highest rates of job resignation and work related stress, leaving many positions unfilled.

Economy

FNSB reports lowest borough unemployment rate in decades

Updated: Mar. 10, 2023 at 5:30 PM AKST

By Alex Bengel

According to the Community Research Quarterly, unemployment in the borough is down to 3.8 percent.

Economy

FNSB Assembly hears resolution opposing Manh Choh mine trucking proposal

Updated: Mar. 10, 2023 at 11:17 AM AKST

By Alex Bengel

The resolution expresses concerns with interference with flow of traffic, damage to roadways, and safety of school bus stops along the route.

Economy

Rep. Mary Peltola opens appropriations requests for non-profits

Updated: Mar. 2, 2023 at 4:48 PM AKST

By Alex Bengel

The deadline to submit a request is March 17.

Economy

Alaska legislature signals unanimous support for Willow Project

Updated: Mar. 1, 2023 at 9:14 AM AKST

By Alex Bengel

The Alaska House and Senate voted unanimously in support of the project, urging the Biden administration to give its final approval.

Economy

FNSB Assembly passes amended Capital Improvement Program

Updated: Feb. 25, 2023 at 2:33 PM AKST

By Alex Bengel

Tensions ran high at the Thursday, February 23 meeting of the Fairbanks North Star Borough Assembly.

Economy

EPA announces 18 million dollars to Alaska to address water contamination

Updated: Feb. 17, 2023 at 9:33 AM AKST

By Alex Bengel

Money from the Bipartisan Infrastructure Law has been allocated for safeguarding drinking water across the U.S.

Economy

Senator Lisa Murkowski announces Alaska project funding requests are now open

Updated: Feb. 16, 2023 at 10:06 AM AKST

By Alex Bengel

Projects in Alaska now have the opportunity for a potential boost in federal funding.

Economy

Fairbanks City Council approves new AFL-CIO bargaining agreement

Updated: Feb. 15, 2023 at 11:05 AM AKST

By Alex Bengel

The contract goes into effect on February 16, and lasts until December 31, 2025.

Community

Fairbanks Mayor David Pruhs updates Fairbanks Chamber on city projects

Updated: Jan. 17, 2023 at 4:56 PM AKST

By Alex Bengel

The plan to demolish the Polaris building has faced speedbumps, including unforeseen contaminants like polychlorinated biphenyl, which has to be shipped out of state.

Community

Fairbanks North Star Borough offers informational webinar series on local economics

Updated: Jan. 12, 2023 at 5:33 AM AKST

By Alex Bengel

The annual series, formerly in-person, went virtual in response to the COVID-19 pandemic.

Community

Fairbanks North Star Borough seeking public comment for land sales

Updated: Jan. 10, 2023 at 4:56 PM AKST

By Alex Bengel

The Fairbanks North Star Borough is planning to hold land sales for several areas around the borough, and is looking for public input on the process.

News

Full service restaurants see slow post pandemic recovery

Updated: Jan. 5, 2023 at 9:02 AM AKST

By Adrian Peterson

Full service, dine-in restaurants lost over 2,000 jobs during the COVID-19 pandemic but are slowly recovering those losses.

News

2022 salmon harvest summary shows record year for sockeye salmon in Bristol Bay

Updated: Dec. 30, 2022 at 2:40 PM AKST

By Adrian Peterson

Sockeye salmon see a record harvest in 2022, helping to reduce the value lost in the 2022 all species harvest for Alaskan salmon.

Economy

Gas prices drop in Alaska and around the U.S.

Updated: Dec. 13, 2022 at 9:10 AM AKST

By Alex Bengel

In Alaska, gas prices averaged about $3.95 a gallon on December 9, an 80 cent drop in the last month.

News

‘40 satellites, one rocket’: a new launch may improve Alaskan internet quality

Updated: Dec. 9, 2022 at 8:26 AM AKST

By Alex Bengel

The company OneWeb is deploying 40 satellites the size of washing machines into orbit, adding to those it has already circling.

Economy

Fishing jobs see decline in recent years

Updated: Dec. 8, 2022 at 9:10 AM AKST

By Adrian Peterson

After years of decline and the Covid-19 pandemic, the fishing industry continued to see a slight decline in 2021.

Community

Fairbanks hosts 2022 Winter Solstice Festival

Updated: Dec. 6, 2022 at 5:11 PM AKST

By Alex Bengel

The festival runs from Friday, December 9 until Saturday, December 17, culminating in a fireworks show at Golden Heart Plaza.

Economy

Golden Valley Electric Association Rate Adjustments

Updated: Dec. 3, 2022 at 10:54 AM AKST

By KTVF Staff Reporter

Upcoming adjustments to GVEA member rates

News

Alaska and other states reach settlement with Experian over compromised consumer data

Updated: Nov. 11, 2022 at 10:17 AM AKST

By Alex Bengel

The entity was being sued for not notifying consumers of an identity thief retrieving people’s sensitive data from one of their databases.

Community

Fairbanks Pipeline Training Center visited by Rep. Mary Peltola

Updated: Nov. 1, 2022 at 4:52 PM AKDT

By Alex Bengel

The annual 2-3 week class is the culmination of a pipeline apprenticeship program, and is one of many taught at the complex in Fairbanks.

Economy

Plan approved for electric vehicle charging stations around Alaska

Updated: Oct. 14, 2022 at 4:57 PM AKDT

By Alex Bengel

The plan starts with adding charging stations between Anchorage and Fairbanks.

News

U.S. Department of the Treasury approves additional funds for small businesses

Updated: Oct. 12, 2022 at 4:49 PM AKDT

By Adrian Peterson

Alaska has been approved to receive nearly $60 million for small business assistance.

Economy

UAF researchers develop method for increasing oil extraction on North Slope

Updated: Oct. 7, 2022 at 5:38 PM AKDT

By Alex Bengel

New processes of extracting oil on the North Slope are expected to yield billions of new barrels in the coming years.

Economy

The Metaverse: what it could mean for Fairbanks

Updated: Oct. 6, 2022 at 5:45 PM AKDT

By Alex Bengel

The applications for virtual reality technology keep growing, moving beyond entertainment