Banking & Finance

U.S. employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.

The Small Business Administration is undergoing an overhaul that it says will simplify loan...

A fraudulent $15,000 withdrawal from a city-parish employee’s deferred retirement account was not reported to the Louisiana Legislative Auditor’s office or the district attorney as required by law, the LLA reports. 

Baton Rouge-based Attracct Accounting Advisors, a boutique accounting consulting firm, closed on a building...

Nearly half (49%) of mortgaged residential properties in the U.S. were considered equity rich,  in the second quarter of this year, according to the latest report from real estate data curator ATTOM. That number was up from 47% in the first quarter. 

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the U.S. is steadily cooling from its once-painful highs.

Rising interest rates and the skyrocketing cost of insurance are the main factors slowing the market for apartment buildings, local professionals say. 

Companies hope generative artificial intelligence will transform their accounting and finance departments, areas that are full of repetitive tasks that are perfect for the kind of automation AI might be able to deliver. 

The squeeze is on for profits at big companies. After enjoying a strong run where...

The Federal Reserve is expected to raise interest rates by one-quarter of a percentage point today, which would be the 11th hike in the past 12 policy meetings but might also be the last in the Fed’s current effort to tame inflation.