Banking & Finance

Price gouging merely a minor factor in runaway inflation

Furious about surging prices at the pump and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly raise prices and pocket the profits.

Financial literacy training is latest employee perk 

Companies are increasingly offering financial planners as a perk to alleviate pressure on their...

Rising home prices, mortgage rates now make renting a cheaper option 

Average housing costs across the U.S., pushed higher by soaring home prices and rising...

Concordia Bank begins construction at Rouzan

Vidalia-based Concordia Bank and Trust has begun building a one-story, 4,588-square-foot branch on a property it purchased last August

Why there may be another wave of retail bankruptcies 

The retail industry is up against a potential wave of bankruptcies following a monthslong...

Capital Region home flipping up 35% in first quarter of 2022

The number of houses or condos flipped in the Baton Rouge area during the first three months of this year was up almost 35% compared to the previous quarter and more than 160% compared to last year, a real estate data firm says. 
- Advertisement -

SBA looks to grow microlending, expand small business contracting

Expanding access to small loans and helping contractors get federal infrastructure work are priorities for the U.S. Small Business Administration in Louisiana, SBA regional administrator Ted James says. 

Recession or not, bankers urge business owners to prepare for rocky times

Business owners might be a little more cautious than usual, but the sorts of things they should be doing aren’t necessarily all that different from how they normally run their business, bankers say. 

Companies revising financial plans, buying back debt as interest rates climb

Companies are buying back debt, pushing out maturities and reviewing cash-management strategies as they...

SBA doled out $390B in loans at rates that won’t be seen again for years

Small business owners who took out disaster loans from the U.S. Small Business Administration...