Banking & Finance

Former credit union branch site sells for $2M; VA to lease property

The former Neighbors Federal Credit Union branch on South Sherwood Forest Boulevard, which has...

Mortgage rates fall for fourth straight week 

The average long-term U.S. mortgage rate fell for the fourth consecutive week and has dropped more than three-quarters of a point since hitting a 20-year high last month.

Baton Rouge housing sails into uncertain seas

The formerly red-hot housing market is in a correction, and it’s anybody’s guess if buyers or sellers will have the upper hand when the dust settles.

House panel says lax screening helped facilitate PPP fraud

Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open

Louisiana getting $113M in federal funding for small business programs

U.S Treasury today approved Louisiana’s application for up to $113 million in federal support for small business owners and entrepreneurs as part of the $10 billion State Small Business Credit Initiative.

Bernhard Capital continues growth, acquires two companies

Baton Rouge-based private equity investment firm Bernhard Capital Partners this week acquired Boston Government...
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Is the Capital Region vulnerable to a housing crash?

The Capital Region’s main housing markets are in the middle of the national pack when it comes to how vulnerable they are to a housing market decline, a new report shows.

Panel targets tax incentives as way to eliminate state income tax

A panel of state lawmakers is studying the possible elimination of personal and corporate income taxes in Louisiana.

Strong US hiring, wage gains in November hamper Fed’s inflation fight

The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing...

Average long-term mortgage rates dip for third week in a row

The average long-term U.S. mortgage rate ticked down for the third week in a row and has fallen more than a half-point since hitting a 20-year high less than a month ago.