Louisiana among states scrambling to deal with the federal funding drop-off

States that saw their budgets balloon during the pandemic are now grappling with the hangover as federal aid dries up, The Center Square writes.  COVID-era...

Lessons on scaling from Grace Design Studios and Bernhard Capital Partners

The latest “Strictly Business” episode offers a rare inside look at how Baton Rouge–based Grace Design Studios scaled from a regional architecture firm into...

The US rig count just hit a four-year low

America’s oil patch is slowing again, Reuters reports.  Baker Hughes reported the first weekly drop in U.S. oil and gas rigs in a month, with...

Roundup: Delisting homes / Beige Book / Feast without fuss

Nevermind: Weak demand, softening prices and economic uncertainty are pushing home sellers to retreat. Nearly 85,000 listings were delisted in September—up 28% year over...

Before LinkedIn: How want ads shaped American work

Want ads once powered the American labor market, long before digital job boards took over. A Wall Street Journal feature traces how centuries of classified...

Are there lessons from Texas’ passenger rail revival?

Texas’ rail revival may feel improbable in a state built around highways, but the demand is there—even if the service isn’t, Bloomberg writes.  A trip...

Roundup: LNG permit reissued / Airport delays / Black Friday enthusiasm

On further review: Louisiana regulators have reissued a key coastal use permit for the Commonwealth LNG export terminal in Cameron Parish after updating an...

Want ROI from AI? Fix your data first

Companies racing to adopt AI are discovering that tools alone aren’t delivering real returns, Fast Company writes.  The true differentiator isn’t the size of an...

What the latest US unemployment numbers say about the job market

The number of Americans applying for unemployment benefits declined last week in a sign that overall layoffs remain low, even as several high-profile companies...

Louisiana is being urged to lock in its hydrogen future

Louisiana’s Clean Hydrogen Task Force is urging state leaders to move quickly to secure the state’s edge in the emerging clean hydrogen economy, The...

Roundup: Ralph Abraham’s new job / Oil supply / Shutting off power

New gig: Former Louisiana surgeon general Ralph Abraham quietly has been appointed principal deputy director of the CDC, effective Nov. 23. Abraham, who previously...

Economic anxiety is rattling American consumers

U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation. The Conference...

What the long-delayed report on US retail sales says about consumer spending

Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2% in...

Roundup: Sneaker strategy / Labor market / Wholesale inflation

Pricing power: Swiss sneaker brand On is defying industry headwinds by raising prices instead of dodging tariffs, leaning on affluent shoppers who see its...

Expert to home sellers: You’re setting your asking price too high

Sellers may need to rethink their pricing strategies. With mortgage rates still elevated and buyers growing more cautious, overly optimistic listing prices are keeping...

‘LaPolitics’: How will tax reform, federal cuts affect state finances?

As we approach the midpoint of the fiscal year, early indications suggest tax collections are pretty close to what officials expected.  The Revenue Estimating Conference...

Cameron LNG gains a five-year extension from FERC to finish export facility 

Federal regulators have signed off on a major timeline extension for one of Louisiana’s largest energy projects, Reuters reports.  The Federal Energy Regulatory Commission approved...

Roundup: US Sen. Bill Cassidy / Nuclear energy revival / Banking outlook

National spotlight: U.S. Sen. Bill Cassidy is drawing national attention after a New York Times report found that several assurances he said he secured...

The economics behind this year’s Thanksgiving turkey

U.S. turkey supplies have fallen to a 40-year low after avian flu and other viruses wiped out millions of birds this fall, tightening hatchery...

Roundup: Consumer spending / First-time homebuyers/ Chamber of Commerce

Still buying: U.S. retailers are reporting surprisingly strong consumer spending despite tariffs and economic jitters. Walmart and Gap say shoppers across income levels are...