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Daily Report AM

American productivity is on the rise. Here’s why

Productivity in the U.S., as measured by how much the average worker gets done in an hour, has been on the rise, The Wall...

Roundup: U.S. Steel / JetBlue fined / New vehicle sales

Deal blocked: President Joe Biden on Friday officially blocked Nippon Steel’s proposed purchase of U.S. Steel, a once-iconic American company whose sale to a...

Will AI take jobs away from Baton Rouge professionals?  

As the AI boom continues to grow, economists are exploring the potential effects its abrupt disruption could have on the economic geography of the...

US manufacturing closes 2024 on a positive note

A measure of U.S. factory activity advanced in December for a second consecutive month as orders and production picked up, suggesting the cloud over...

These Geismar properties just sold for a combined $10M

A global investment firm has acquired a pair of Univar Solutions properties in Geismar. New York-based Fortress Investment Group purchased properties through FNLR Compounds Matter...

Local sales tax collections picked up in October

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‘LaPolitics’: Louisiana Sheriffs’ Association director reflects on his tenure

The Louisiana Sheriffs’ Association, which represents arguably the most influential group of local government officials, will officially come under the leadership of Franklin Parish...

A look at how the nation’s biggest retailers are getting bigger

The biggest retailers in America are growing larger, The Wall Street Journal reports. The three biggest retailers by revenue in the U.S.—Costco, Walmart and Amazon—accounted...

What local real estate experts are saying about the residential market for 2025

Real estate professionals in the Capital Region say how the area’s residential market performs in 2025 will depend on certain variables. Tom Cook of Cook,...

Roundup: Baton Rouge weather / Tesla sales / Polar vortex

Record tied: For a second consecutive year, Baton Rouge recorded its warmest temperatures on record. The year 2024 ties 2023 as the hottest year...

This local bridal boutique is expanding with a private appointment suite 

Baton Rouge brides will soon be able to say “yes to the dress” in a new way. Bustle Bridal Baton Rouge, a local bridal boutique...

Why economists call the latest jobless claims numbers ‘encouraging’

The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most U.S. workers continue to...

Roundup: Hemp industry / Home prices / US Treasury hack

Changes in store: On Wednesday, the laws surrounding THC and CBD products will change across Louisiana. Among the changes, is a lowering of the...

A look at the wider impact of a weak housing market

The sputtering U.S. housing market is in turn hurting businesses that depend on Americans spending to furnish their new homes, The Wall Street Journal...

What we know about this $4M residential land deal

Baton Rouge-based Lynn Levy Land Company recently purchased nearly 40 acres in two transactions for a new residential development. The company purchased the land for...

An expert’s take on where AI is headed in 2025?

As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly. Dan...

‘LaPolitics’: Gov. Landry looks to keep pedal to the metal in year two

Gov. Jeff Landry wasn’t afraid to throw deep this year, and he usually completed the pass, even if occasionally he had to settle for...

For Louisiana, the Super Bowl is about more than tourism dollars

As New Orleans gears up to host Super Bowl LIX on Feb. 9, state officials are eager to capitalize on all of the attention...

This Louisiana bank is expanding its footprint in the Capital Region

Jennings-based JD Bank is planning to open a new location in the Capital Region. The bank purchased an office/retail building on Jefferson Highway from Belmar...

The South is driving growth in one particular real estate measure

Pending home sales in the U.S. grew for the fourth straight month in November, returning to the highest level since early 2023, The Wall...