Uncategorized

Roundup: Oil prices / Retail vacancies / Pending home sales

Glut may grow: Oil declined on signals that OPEC+ will hike production again in November, tempering a strong rally last week. Brent fell back...

Nuclear energy ‘primed for a resurgence’ in the US as a result of AI...

Soaring demand for electricity from artificial intelligence data centers is set to trigger a $350 billion nuclear buildout in the U.S., Bloomberg writes.  Nuclear output...

EA Games to be acquired for $52.5B in massive private equity buyout

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could become the...

BP is committing billions to its new Gulf drilling project

BP is betting big on the Gulf with a $5 billion offshore drilling project aimed at bolstering its U.S. production, Reuters reports.  The Tiber-Guadalupe development,...

Congress facing a Tuesday deadline to renew flood insurance program

Louisiana leaders are sounding alarms as Congress faces a Tuesday deadline to renew the National Flood Insurance Program, The Center Square writes.  A lapse could...

Bourbon blues: Sinking demand fuels a 28% drop in US whiskey production

U.S. whiskey production has plunged to its lowest level since 2019, as distillers confront slumping demand, tariff headwinds and post-pandemic oversupply, The Lexington (Kentucky)...

US consumer sentiment drops to lowest level in four months

U.S. consumer sentiment weakened in September, falling to a four-month low as households reported mounting pressure from high prices and uncertainty about the job...

Roundup: Truancy rate / Existing home sales / Thrive! Baton Rouge

Going up: Louisiana’s K-12 truancy rate has exceeded 40% since the 2020-21 school year, above the state’s 11-year average of 36%, according to the...

Roundup: New tariffs / Home flipping / Lamar Advertising 

Pharmaceuticals and more: President Trump announced new tariffs Thursday, including a 100% levy on branded or patented drugs made by companies not building U.S....

Woodside signs $17.5B Louisiana LNG supply deal with Turkey’s BOTAS

Woodside Energy has secured a long-term deal with Turkey’s state-owned BOTAS to supply about 4.25 million tons of LNG annually, primarily from its massive...

What the latest numbers from the Fed’s preferred inflation gauge show

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures price...

‘LaPolitics’: A look at the goals of the Right on Crime initiative 

LaPolitics: What is the mission of Right On Crime?  East Baton Rouge Metro Council member Dwight Hudson, who is the Louisiana state director for Right...

How executives can navigate challenging CEOs

A growing body of research underscores just how much a company’s fortunes depend on its top leader.  McKinsey estimates that nearly 45% of performance variation...

Ex-Fed chiefs rally behind Lisa Cook

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the Supreme Court on Thursday...

This new pop-up shop has arrived in Mid City

Nestled between Barracuda Taco Stand and The Parker Barber on Government Street is a small alcove that has a new tenant. Rêve Coffee Lab...

Roundup: Auto industry / Government layoffs / TikTok USA

Warning signs: The auto industry is flashing warning lights on the state of the U.S. economy, raising concerns as profits tighten. CarMax, the nation’s...

Investors bet big against Mother Nature as hurricane season heats up

Large investors such as pensions and hedge funds are estimated to have spent $18.6 billion so far in 2025 buying catastrophe bonds, which insurers...

Roundup: Smitty’s Supply fire / Starbucks / Oil production

Info ‘confidential’: The EPA is yet to make public the list of hazardous materials present at the Smitty’s Supply Inc. petroleum products plant that...

The US economy grew at a faster pace than previously thought in Q2

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic...

Who should foot the bill for Louisiana’s $3B Meta power upgrade?

In a rural corner of Louisiana, Meta is building one of the world’s largest data centers, a $10 billion behemoth as big as 70...