Economic Development

US weekly initial jobless claims reach lowest level in more than two months  

The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor market remains strong even as the Federal Reserve continues to raise interest rates in an effort to cool the economy and slow inflation.

City-parish sees decrease in new businesses during 2022

East Baton Rouge Parish has seen a drop in new businesses during 2022, according to the latest numbers available from the city-parish.

Downtown retailer plans to open bookstore in February

The owner of a downtown Baton Rouge plant shop and design studio plans to open a bookstore in his open space next door. 

Fed set to announce half-point rate increase, more hikes coming in 2023

After four straight three-quarter-point interest rate hikes, the Federal Reserve is set to announce a smaller half-point increase in its key rate today, a first step toward dialing back its efforts to combat inflation.

Amedisys finalizes home health joint venture with University of Arkansas

Home health, hospice, personal care and high-acuity care company Amedisys Inc. announced it has closed on a joint venture with the University of Arkansas for Medical Sciences, or UAMS, to provide home health services to 12 counties in central Arkansas.

How companies typically fail in helping their employees grow

A recent study of Fortune 250 companies, which ranked them based on the experiences...
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Disney’s new ‘National Treasure’ series serves as a love letter to Baton Rouge 

After 15 years on hiatus, Disney’s National Treasure franchise returns this week with a...

Legislators want to hold back $50M from sewer and water projects 

Lawmakers on Louisiana’s Water Sector Commission recommended the state hold off on allocating the entire $450 million set aside for local water and sewer upgrades this year

Billions in offshore royalties to states tied up in government spending fight

Whether Louisiana and other coastal states with offshore energy production will soon receive billions...

Mattress Mack makes another big bet in Louisiana 

Houston furniture magnate Jim "Mattress Mack" McIngvale made another monster sports bet in Louisiana...