Banking & Finance

January US jobs report likely to be a ‘hot mess,’ analysts warn

Analysts are using terms like “hot mess” to describe their expectations for the federal...

Driving someone else’s car? Check your insurance policy to see if you’re covered

The Louisiana Supreme Court recently ruled that a man who drove someone else’s car as a favor to get a tire fixed wasn’t covered when he got in an accident. 

Health insurance agents still lack clarity on commission disclosure

A new law directing health insurance companies, agents and brokers to disclose their commissions has been in effect for more than a month, but the rules about how to comply still are not available. 

Louisiana could get up to $113M in federal dollars to boost small businesses

Louisiana could get as much as $113 million from the federal government to support small business capital and technical assistance programs. 

Three days into tax season, IRS suspends some taxpayer notices 

IRS Commissioner Chuck Rettig and Treasury Department officials warned that the 2022 tax season...

Rising interest rates may force Baton Rouge business owners to pivot once again

Scott Gaudin, chief lending officer with Currency Bank, suggests business owners ask themselves: If I can afford this expense at 4% interest, can I also afford it at 5%? If the answer is “maybe not,” the next question is whether the expense is a need or merely a want, he says.
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IRS warns of processing delays as tax filing season opens 

An IRS worker shortage, an enormous workload from administering pandemic-related programs and stalled legislation that would have given the agency billions of dollars for more expeditiously processing returns are combining to cause taxpayers pain this filing season. 

Housing market frenzy expected to subside in second half of year

U.S. home sales reached a 15-year high in 2021, fueled by low borrowing rates...

Plan requiring Entergy users to pay monthly fee for storm recovery moves forward

The Louisiana Bond Commission signed off Thursday on a plan to let Entergy Louisiana cover its storm recovery costs through a $3.2 billion bond sale that its customers would pay back over the next two decades.

Companies sweeten retirement plan contributions amid tight job market

Facebook’s parent company and consulting firm KPMG U.S. are among a growing number of...