Five people are accused of making a total of approximately $321,000 in fraudulent unemployment benefits claims, the Louisiana Legislative Auditor’s office reports.
The Louisiana Firefighters' Retirement System lost $247.4 million in fiscal year 2022, as the system added 91 retirees that increased benefit payouts by $6.2 million, according to a recent financial statement audit.
Gov. John Bel Edwards and lawmakers intend to wait until April to fund an incentive program meant to attract more property insurance companies back to Louisiana.
With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007, CNBC reports.