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Builders offering mortgage rates below traditional lenders to lure homebuyers
Homebuilders are increasingly using ultra-low mortgage rates to keep sales moving—offering financing far cheaper than traditional lenders and reshaping the economics of new-home purchases,...
State OKs sending Smitty’s oily waste to Jefferson Parish landfill
Louisiana regulators have approved an emergency request allowing a Jefferson Parish landfill to accept some of the millions of gallons of contaminated waste generated...
Due to the shutdown, October economic reports may never be released
The October jobs and inflation reports may never be released due to the government shutdown, White House press secretary Karoline Leavitt said Wednesday.Â
As Bloomberg...
Chevron sees AI-driven electricity demand as a new frontier
Chevron plans to grow oil and gas production by up to 3% annually through 2030 while cautiously moving into the power sector, The Wall...
Roundup: Last penny minted / Atlanta Fed president / Fortified roofs
One-cent demise: The U.S. Mint in Philadelphia on Wednesday pressed its last penny, marking the latest step in the 1-cent coin’s demise. President Donald...
Food retailers also feeling the pain from SNAP benefit cuts and delays
Independent grocers and small food retailers nationwide are facing financial strain as the ongoing federal shutdown stalls SNAP benefit payments, cutting off a major...
Roundup: Mortgage demand / Government shutdown / $10B Toyota investment
Applications surge: Homebuyers made a surprising push last week as mortgage applications rose 6%—the strongest pace since September—despite slightly higher interest rates, according to...
What to know about the wide-ranging lawsuit against Smitty’s Supply
Louisiana and federal regulators have filed a sweeping lawsuit against Smitty’s Supply Inc., seeking potentially more than $1 billion in fines and penalties tied...
The Fed is divided over what poses the biggest threat to the economy
Federal Reserve officials are increasingly divided over whether stubborn inflation or a weakening job market poses the bigger risk, clouding the outlook for interest...
Roundup: Small business optimism / College enrollment / Denham Springs
Slipping: U.S. small business optimism dipped in October as profits and sales weakened amid higher material costs, labor shortages and the ongoing government shutdown,...
Shell appealing arbitration loss against Venture Global over LNG contractsÂ
Shell has filed an appeal in New York Supreme Court to overturn its arbitration loss against U.S. liquefied natural gas producer Venture Global, Reuters...
Roundup: Testing election system / SNAP benefits / Flight cancellations
Mock results: Secretary of State Nancy Landry’s Office will test its electronic election results system at 2 p.m. on Wednesday in preparation for the...
Waffle House plans to add a fourth location in Livingston Parish
A new Waffle House is being proposed near Bass Pro Shops and Interstate 12 in Denham Springs, marking the chain’s fourth location in Livingston...
The latest on the deal to reopen the federal government
After a record 42-day shutdown, the federal government is on track to reopen as early as Wednesday following the Senate’s 60-40 approval of a...
Washington Mardi Gras just got merrier for Louisiana politicians
Louisiana elected officials now have a green light to use campaign money for Washington Mardi Gras expenses, Louisiana Illuminator writes.Â
The clarification confirmed by the...
Louisiana’s next frontier: Ascension’s 17,000-acre RiverPlex MegaPark
The sprawling 17,000-acre RiverPlex MegaPark on the west bank of the Mississippi River in Ascension Parish was only a glimmer of a concept nearly...
Venture Global lands 20-year LNG deal with Spain’s Naturgy
Venture Global has signed a major long-term LNG supply agreement with a Spanish group, Bloomberg reports.Â
The agreement calls for Spain’s Naturgy Energy Group to...
Roundup: Veterans Day / Central Mayor Wade Evans / Air traffic controllers
Holiday closure: City-parish offices will be closed Tuesday for Veterans Day. Emergency services and residential garbage collection will continue, and the North Landfill will...
Customers may soon see their premium credit cards rejected by merchants
Premium cardholders could soon face a rude awakening at the register, The Wall Street Journal writes.Â
A major settlement between Visa, Mastercard and merchants breaks...
Selective discounting helps cool durable goods inflation in October
Alternative data providers say U.S. consumer durables and personal goods inflation eased in October as retailers leaned more on selective discounting to protect market...
