Banking & Finance

US inflation falls to 3%, its lowest level in more than two years

After two years of painfully high prices, inflation in the U.S. has reached its lowest point in more than two years—3% in June compared with 12 months earlier—a sign that the Federal Reserve’s interest rate hikes have steadily slowed price increases across the economy.

Louisiana cashing in on sports betting

Louisiana tax revenues continue to climb for mobile and retail sports betting, while collections have been mixed for other gaming compared to last year.

See how much EBR water prices are increasing

The cost of tap water in East Baton Rouge Parish outside of the capital city went up this month, a few months after the water company raised prices inside the city. 

US hiring slows to a still-solid gain of 209,000 jobs in June 

America’s employers pulled back on hiring but still delivered another month of solid gains...

Calls growing for an override session in wake of Gov. Edwards’ vetoes 

Pressure is mounting for Louisiana legislators to hold a veto override session this month following the governor’s rejection of numerous bills from the 2023 regular session, including some approved by wide margins, The Center Square reports. 

Companies are reining in rewards and loyalty programs to save money

Reward programs, including birthday freebies and discounts, have long been a way for companies and brands to build loyalty and incentivize spending.
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See who America’s top-paid CEOs were in 2022 and how much they made

Nine CEOs of publicly traded U.S. companies made more than $100 million in 2022, The Wall Street Journal reports in its latest rundown of the country’s highest-paid executives.  

Technology vendors increasingly offering outcome-based pricing models

A growing number of technology providers are pricing their products and services based on...

Negotiations are in the works to develop Rouzan’s last commercial tracts

Negotiations are underway to develop the remaining commercial tracts in the Rouzan development off Perkins Road.

How FTC’s proposed changes will affect mergers and acquisitions

The Federal Trade Commission announced Wednesday that it is considering a number of changes to the Hart-Scott-Rodino, or HSR, filing rules for mergers and acquisitions, which have not been changed in 45 years.