Demand for mortgage refinancing soared last week
Applications to refinance a home loan increased by 16% last week and were 59% higher than in the same week a year ago, CNBC...
Here’s why raises are shrinking
Alongside last week’s lackluster jobs report, shrinking wages are the latest sign that workers have lost much of the leverage they’ve had with bosses...
Roundup: Natural gas production / Charges dropped / Hurricane season forecast
Looking to cut: Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly...
Department stores are struggling to keep from being left behind
Department stores are bleeding customers, and landlords no longer view them as magnets for shoppers, The Wall Street Journal reports.
Discount retailers are underpricing them,...
Why EV battery component manufacturing is poised to be the state’s next big industry
It’s not likely that Louisiana’s fledgling electric vehicle battery industry would even exist without federal assistance, but state economic leaders really don’t care.
As Business...
Company scraps plans for south Louisiana grain export facility amid controversy
Residents of a historic Black community in Louisiana who’ve spent years fighting against a massive grain export facility set to be built on the...
Roundup: Nicholson Lake / Acadian Ambulance / Mortgage rates
Residents concerned: Some Nicholson Lake residents worry that their HOA fees will be lost after the homeowners association was dissolved, leaving a sole member...
How to handle your boss reducing your scope
Scope reductions can be a result of a company restructuring, a merger or acquisition, or a loss of confidence by managers. Regardless of the...
Roundup: Conn’s HomePlus / First day of school / Chase expansion
Bankrupt: Southern home goods retailer Conn’s HomePlus is closing all 170 of its retail locations across 15 southern states. The company operated 11 stores...
See how the SBA is expanding its clean energy program
The Small Business Administration wants to attract lenders to finance small businesses’ clean energy projects.
The SBA doesn’t give out loans itself. Instead, it works...
Energy giants refocusing on LNG after biofuel expectations flop
Biofuels are the latest green energy investment to disappoint, leaving the hopes of oil and gas giants pinned on liquefied natural gas, The Wall...
What the US is doing to revamp the power grid against extreme weather
The Biden administration announced Tuesday morning that it is investing $2.2 billion to revamp the nation's power grid to protect it against growing threats...
Roundup: Ten Commandments law / TikTok ban / Check washing
Up to the courts: Louisiana Attorney General Liz Murrill said Monday she will ask a federal judge to dismiss a lawsuit brought to stop...
Wall Street steadies after its worst day in nearly two years
Some calm is returning to Wall Street, and U.S. stocks are holding steadier after Japan’s market soared earlier Tuesday to bounce back from its...
‘LaPolitics’: Ag commissioner adopts an international agenda
After nearly two and a half decades in elected office, including five consecutive terms as Louisiana's agriculture and forestry commissioner, Mike Strain is hitting...
US services activity expands as orders rebound
In a move that may help soothe concerns about a downturn in the economy, the U.S. services sector expanded in July after contracting a...
Roundup: Ascension Parish / Pennington grant / College football coaches poll
New local leadership: Ascension Parish Government announced a handful of prominent new appointments on Monday. Jason Liccardi will serve as interim utility director, Lucy...
Tighter regulations for commercial real estate mortgages are coming
Fannie Mae and Freddie Mac are set to introduce stricter regulations for commercial property lenders and brokers, driven by a crackdown on fraud in...
See why mortgage rates are plunging
The average rate on the popular 30-year fixed mortgage has dropped to the lowest rate in over a year, CNBC reports.
The average rate on...
Why Wall Street is tumbling today
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets...