The Associated Press, Author at Baton Rouge Business Report

Bank CEOs increasingly turning pessimistic on economy

The outlook for the U.S. economy from Wall Street’s biggest banks is getting gloomier, with many top executives saying they're preparing for a potential downturn or a recession.

Retail sales flat in September across nation as inflation takes a bite

The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things

Small business group files suit over Biden’s student loan forgiveness plan

An advocacy group for small businesses has filed a lawsuit seeking to block the...

September jobs report likely will keep Fed raising interest rates

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid...

US weekly initial jobless claims rise by 29,000

More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a slowing overall U.S. economy.

How remote work is changing the face of business travel

Business travel used to mean sending employees from their home office to somewhere else—to...

US job openings diminish as economy slows, cost to borrow rises

The number of available jobs in the U.S. plummeted in August compared with July...

Federal appeals court in NOLA mulls Biden vaccine mandate for US contractors

A federal appeals court in New Orleans is the latest to hear arguments on...

Surge of nonprofits paying college athletes raises questions

The new world of college athletes getting paid for endorsements has created a rapidly...

Fed wants interest rates to remain high for extended period

Federal Reserve Vice Chair Lael Brainard said today that U.S. interest rates will likely...