Banking & Finance

Gov. John Bel Edwards on Wednesday vetoed legislation that would have phased out the corporate franchise tax but also cost the state millions in revenue.

The warnings have been sounded for more than a year: A recession is going to hit the U.S.. If not this quarter, then by next quarter. Or the quarter after that. Or maybe next year.

Mellody Hobson stresses the importance of communication with employees when it comes to navigating...

LSU finance professor R. Kelley Pace says borrowers who attended Louisiana schools such as...

The Securities and Exchange Commission has started questioning regional and community banks about risks tied to recent bank failures, a move designed to ensure investors have details on any spillover effects.  

Baton Rouge-based Bernhard Capital Partners announced its acquisition of Optimum Energy. Financial terms of the transaction were not disclosed.

While it may be harder to qualify for a traditional loan lately, loans backed by the U.S. Small Business Administration are helping to fill the gap, says Ted James, SBA’s administrator for the region that includes Louisiana. 

The IRS has processed tens of millions of tax returns faster this year compared with past years, while getting through on the phone to customer service at the agency is slowly improving, according to a report to Congress released this morning.

More insurance lawsuits were filed in Louisiana’s district courts than in any other state from 2020 to 2022, according to a recent analysis by legal analytics firm Lex Machina.

Charitable giving in the U.S. declined in 2022—only the third time in four decades...