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Economic opportunity: Louisiana leaders believe the 2025 Super Bowl can do for New Orleans and the state what the Olympics did for Paris and France on a smaller scale, creating an opportunity for a marketing bonanza that could pay dividends for years. Gov. Jeff Landry says he was on a conference call this week with stakeholders about preparations for next year’s Super Bowl in the Caesars Superdome, which has undergone $550 million in renovations completed this month. Read more from the USA Today network.
Mortgage demand: Applications to refinance a home loan dropped 15% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was, however, 90% higher than the same week one year ago. That is likely due to the 23% surge in demand over the past four weeks, as mortgage rates fell. Read more from CNBC.
Texas gold: Oil prices fell on Wednesday after the U.S. government revised significantly lower the number of jobs added in the year to March, pressuring investor sentiment. Brent crude futures were down $1.04, or 1.35%, at $76.16 a barrel by noon, while U.S. West Texas Intermediate crude futures were down $1.15 or 1.15% at $72.02. Read more from Reuters.
