Banking & Finance

Bank CEOs increasingly turning pessimistic on economy 

The outlook for the U.S. economy from Wall Street’s biggest banks is getting gloomier, with many top executives saying they're preparing for a potential downturn or a recession.

Hurricane Ian’s impact on Louisiana’s homeowner insurance crisis 

Hurricane Ian made landfall in Florida, but Louisiana homeowners will also suffer the storm’s impact through higher insurance costs and shrinking availability from an industry fleeing coastal regions throughout the country

Insurance commissioner approves 63% rate hike for insurer of last resort

Louisiana Insurance Commissioner Jim Donelon has approved a 63% homeowners insurance rate increase for customers insured by Citizens, the state's safety net company

Insurers, homeowners gear up for legal battle following Hurricane Ian 

Litigation is looming for home insurers in Florida as cash-strapped, underinsured homeowners—paired with an...

‘LaPolitics’: Baton Rouge’s Scott McKnight lone candidate so far for treasurer 

With Treasurer John Schroder making aggressive moves in the governor's race, state Rep. Scott...

September jobs report likely will keep Fed raising interest rates

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid...
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Why a strong jobs report tomorrow might not be good news 

Investors are closely watching the nonfarm payrolls report due out Friday, but not for...

Proposed rule lifts moratorium on new small business lending firms 

The White House this week sent a news flash that could change the face of small business lending sometime next year, Inc. reports. 

LSU’s 2023 baseball season ticket prices increasing

When LSU baseball season ticket renewal opened Sept. 19, some fans discovered their seats would cost extra for the coming season.

Louisiana pension system lost $1B in investments last year

The Louisiana State Employees' Retirement System lost $1 billion in investments last year, as the plan's unfunded liabilities increased $600 million,