Banking & Finance

The Federal Reserve indicated today that it’s nearing a long-awaited shift toward cutting interest rates, a sign it has grown confident that its close to fully taming inflation. But the Fed also signaled that the first rate cut is likely months away.

As is often the case, a new year has brought with it new tax...

The Federal Reserve is expected to leave interest rates unchanged at the conclusion of its meeting today, but investors will be watching closely for hints about future rate cuts, The New York Times reports.

Payroll payments per small business moderated as 2023 came to a close, according to new data from Bank of America.

Baton Rouge-based b1Bank has partnered with a Virginia-based data analytics company that specializes in community banking and finance. 

The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy...

Mobile sports wagers were up again in December, marking an increase every month so far in fiscal year 2023-24.

In a meeting with Business Report staff Friday, executives from Blue Cross and Blue Shield of Louisiana and Elevance Health made their case for the proposed sale of the former to the latter.

ExxonMobil is suing two sustainable investment firms in a bid to block them from putting forward a shareholder proposal that would commit the oil company to further curb its greenhouse-gas emissions and target its customers’ emissions, The Wall Street Journal reports. 

Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans.