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US labor market stalls as layoffs rise and hiring freezes spread
The U.S. labor market has entered a rare period of stagnation, leaving job seekers facing some of the toughest conditions since the Great Recession,...
Having office pals outweighs pay bumps for many employees
Workplace friendships are more valuable than ever, according to KPMG’s updated Friends at Work study, Inc. writes.Â
Of 1,091 full-time employees surveyed, 57% say they’d...
Nexus launches series of competitions to power new wave of innovators
Nexus Louisiana is launching its fall programming with the inaugural season of DevDays, a series of competitions designed to bring together builders, technologists and...
Roundup: Natural gas exports / Income inequality dips / US household wealth
Energy opportunities: A U.S. Cabinet official overseeing a planned expansion of natural gas exports to Europe said Thursday that Greece could play a key...
Mortgage rates drop to lowest level in nearly a year
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury...
Roundup: AI megadeal / Jobless claims / Charlie Kirk
300B contract: OpenAI signed a contract with Oracle to purchase $300 billion in computing power over roughly five years, people familiar with the matter...
Oil prices soften as OPEC raises supply
OPEC is holding its oil demand outlook steady while moving to boost production again in October, signaling a firm push for market share, The...
New York investment firm acquires 98-unit Baton Rouge complex
New York-based Everest Equities Group has acquired the 98-unit Townhomes of Sherwood Forest complex at Greenwell Springs Road and North Sherwood Forest Drive.
The property...
Energy forum: How markets are performing outweighs policy initiatives
At Tulane’s Future Energy Forum, energy businessman Bobby Tudor argued that energy markets, not policy, ultimately drive outcomes, The Center Square writes.Â
He points to...
US inflation worsened in August, so how will the Fed react?
Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars.
Consumer...
Roundup: TEDxBaton Rouge / A safer Gulf Coast / Musk dethroned
Season kickoff party: The 2025 TEDxBatonRouge season launches on Sept. 25 with a kickoff party at the LSU Center for River Studies on Terrace...
Surge in auto loan defaults brings calls for more consumer protections
The growing costs to buy and maintain a vehicle are leading to rising auto loan delinquencies, repossessions and a potential crisis for U.S. consumers,...
FTC sends warnings to health care employers over noncompete clauses
The Federal Trade Commission is escalating its scrutiny of employer noncompete clauses, Reuters reports.Â
FTC Chair Andrew Ferguson said Wednesday that letters have been sent...
Woodside to break ground on $17.5B LNG facility next week
Woodside Energy Group will officially break ground on its $17.5 billion LNG project in Calcasieu Parish on Monday.
The Australian energy firm will host a...
Study links dozens of heat waves to fossil fuel producers
Fifty-five heat waves over the past quarter-century would not have happened without human-caused climate change, according to a study published Wednesday.
Planet-warming emissions from 180...
Upgrades at agencies drive up state’s technology spending
Louisiana’s technology spending has surged nearly 18% over three years, Louisiana Illuminator writes.Â
The state’s spending on technology increased from $554.4 million in fiscal 2022...
Roundup: NOLA mayor / Mortgage rates / Earnings reports
Court appearance: New Orleans Mayor LaToya Cantrell is scheduled to appear in federal court Wednesday for the first time since being indicted on corruption...
Employee health insurance premiums expected to jump nearly 10% for 2026
U.S. employers are bracing for the sharpest health-insurance cost hikes in more than a decade, The Wall Street Journal writes.Â
Consulting firms Aon and WTW...
US wholesale prices decelerated in August
U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.
The Labor Department reported Wednesday that its producer price index—which captures inflation in the...
Roundup: US household incomes / Jamie Dimon / Microsoft workers
Little growth: The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday,...
