Since inflation began bursting higher last year, large U.S. companies have found a simple way to keep making record profits: Pass all those price increases along to customers.
For the first time in more than 40 years, home prices and mortgage rates are rising at the same time. A low supply of homes coupled with measures by the Federal Reserve to stem inflation are driving both home prices and mortgage rates up, respectively.
Entergy has proposed a new project to give backup generators to grocery stores and other commercial customers across the state to form microgrids that can be used during outages and peak demand times, but Entergy wants the rest of its customers to pay for them.
A New York-based investment company purchased two Baton Rouge Mini Storage facilities Monday, one on Greenwell Springs Road for $3.1 million and one on Airline Highway for $5.7 million.
More than $240 million in disaster assistance reimbursements to local governments over the past 14 years have not been verified to determine if the money was correctly spent or accurately calculated, according to a recent report from the Louisiana Legislative Auditor’s Office.