Banking & Finance

A key inflation gauge slowed sharply in February

The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the central bank’s yearlong effort to cool price pressures through steadily higher interest rates.

Central Rep. Barry Ivey pushing for flat state income tax

A Louisiana lawmaker is proposing a flat tax that he says would actually benefit poor residents while maintaining conservative principles. 

See what bills Baton Rouge-area lawmakers have prefiled for session

Several Baton Rouge-area legislators filed business-related bills for the upcoming legislative session before prefiling closed Wednesday. 

Minnesota investment firm buys apartment complex near LSU for $15M

A Minnesota-registered company purchased The Sterling Student Living on Highland Road for $15 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

What local insurance brokers are saying about the pending Blue Cross sale

News that Blue Cross and Blue Shield of Louisiana had made a deal to be acquired by Elevance Health may have been surprising, but not necessarily shocking for area insurance professionals.

Small business optimism is dropping despite companies saying they are in good health 

U.S. small business owners' outlook on the economy weakened during the first quarter of the year with inflation cited as a top concern
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Insurance commissioner pushes lawmakers to fund grants to help reinforce roofs

Louisiana Insurance Commissioner Jim Donelon wants state lawmakers to fund a grant program that helps homeowners reinforce their roofs to withstand Category 4 hurricanes.

Stanford Trust victims pursuing claims against state agency

A class of 900 people who did business with the Louisiana-based Stanford Trust before it collapsed are seeking up to $500 million from state government.

Treasury secretary doubles down on push for more corporate transparency

Treasury Secretary Janet Yellen affirmed America’s commitment to enhancing corporate transparency along with 20 other countries at this week's Summit for Democracy in Washington, D.C. 

Small businesses weigh banking options amid turmoil 

The collapse of both Silicon Valley Bank and Signature Bank, as well as the...