Banking & Finance

Banks, credit unions, lenders, and the financial institutions serving businesses and consumers across the region.

UnitedHealth closes deal for Lafayette-based LHC Group

UnitedHealth Group has closed on its $5.4 billion deal to acquire Lafayette-based LHC Group, according to regulatory filings. 

Add one more indicator to the list showing economy surged in January 

Seemingly every data point has shown the economy surging ahead in January, after slumping...

Bond Commission keeps banking options open despite Jeff Landry’s wishes 

Members of the State Bond Commission met Friday and opted against placing any restrictions...

Business economists are pushing back their recession forecasts  

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates.

Balances are up, but the number of 401(k) millionaires is down

Despite the turbulence in the stock market, workers are still plowing money into their...

Aggressive rate hikes have consistently led to recessions in the past

Can the Federal Reserve keep raising interest rates and defeat the nation's worst bout...
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Key US inflation measure surges at fastest rate since June 

The Federal Reserve's preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year.

Corporate profits slowing after months of rapid growth 

U.S. corporations’ staggering profit growth of the past several months has stalled, based on...

Roundup: Ascension power outages / Economic growth / Wall Street 

In the dark, again: A widespread outage in parts of Ascension Parish knocked out...

How Biden’s bid to crack down on junk fees could improve business competition 

Companies relying on added fees to boost their revenue may have to change their pricing strategy under a new policy backed by President Joe Biden. 
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