Banking & Finance

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

Companies shrinking their cash buffers 

Companies are whittling down the cash buffers they built early on during the pandemic,...

Mortgage rates bounce back up; lending industry hit with layoffs  

Average long-term U.S. mortgage rates were back up this week, just as the latest government data shows inflation has not slowed

US inflation reaches 40-year high of 9.1% in June 

Surging prices for gasoline, food and rent catapulted U.S. inflation to a four-decade peak...

Small business optimism drops to record low 

The NFIB’s Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. 

US homebuyers rushing to cancel under-contract deals 

Americans are canceling deals to buy homes at the highest rate since the start of the pandemic, CNBC reports. 

Latest 1099-K reporting rules complicate small business taxes  

Tax season is getting more complicated for the smallest businesses, Inc. reports. 
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Holding the line against inflation

With the economy recovering from the pandemic, Capital Region businesses are now dealing with inflation and the possibility of a recession.

Boardrooms becoming more politically polarized

U.S. boardrooms have become more Republican and more partisan over the past 10 years, according to a new study from the National Bureau of Economic Research

Louisiana tops list of states hit hardest by inflation 

A recent study shows Southern states have been hit hardest by raging inflation and...

A return to growth

Shaking off the impact of the pandemic, 60 Top 100 companies posted revenue gains in 2021, with 20 of those growing by more than 25%.
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