Judge rejects legislators’ request for more time to redraw congressional maps

A request by Louisiana legislative leaders to extend the deadline for completing a new congressional map—that must include a second majority-Black district—was rejected by a federal judge today.

Mortgage rates see largest jump in 35 years 

Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve

US initial jobless claims dip slightly 

Fewer Americans applied for unemployment benefits last week as the U.S. job market remains strong in the face of rising inflation and interest rates.

LMOGA criticizes Biden’s policies after he tells refiners to increase production

President Joe Biden called on U.S. oil refiners today to produce more gasoline and...

Fed attacks inflation with its largest rate hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point

Louisiana legislators ask for more time to redraw congressional maps 

Louisiana’s legislative leaders are asking for at least 10 more days to comply with a federal judge’s order to redraw congressional districts so two have black majorities. Today, the judge scheduled a hearing on that request for Thursday.

Congress examines massive fraud involving pandemic aid to small businesses

A congressional panel today will examine payouts under a federal coronavirus pandemic aid program intended to help small businesses

Hot inflation dims likelihood Fed can achieve ‘soft landing’

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.

Special redistricting session back on after appeals court ruling 

A federal appeals court has lifted its hold on Louisiana’s congressional redistricting. The ruling by the 5th U.S. Circuit Court of Appeals means a special session can start Wednesday for a remap ordered by a district judge.

Louisiana’s broadband expansion has companies looking to recruit 

Bridging the digital divide has become a priority for Louisiana since the COVID-19 pandemic put a spotlight on the crucial role high-speed internet plays in the state's education and economic systems.