Banking & Finance

A year ago, Chair Jerome Powell delivered a stark warning: To fight persistently high...

The Louisiana Department of Insurance should not approve the pending sale of Blue Cross and Blue Shield of Louisiana to Elevance Health before closely examining the Indiana-based company’s track record in other states, Louisiana Hospital Association President and CEO Paul Salles says. 

Citizens Bank & Trust is expanding its Jefferson Highway branch near Bocage just two years after finishing a $1 million renovation to the property. 

A public hearing to discuss the possible sale of Blue Cross and Blue Shield of Louisiana to an out-of-state for-profit company has been pushed back from next week to October amid public criticism.

Businessman Tim Temple became the insurance commissioner-elect this week after his lone opponent withdrew from the race rather than face a legal challenge over taxes and residency. Temple will now immediately go to work on his transition team, which may be asked to draft a proposal for a special session next year.

A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year.

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

Baton Rouge Republican Tim Temple will regulate the Louisiana insurance as its next commissioner...

The U.S. Small Business Administration and Consumer Financial Protection Bureau each issued new rules earlier this year that aim to expand funding access for small-business owners, especially those in underserved communities.

Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting released this afternoon.