Business News

First half of 2023 has 401(k) savers counting their gains

A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year.

New owners rebrand Bin Q Liquor and add tasting room, wine club  

If you’ve been around Baton Rouge long enough, you might still refer to Bin...

Average long-term US mortgage rate hits highest level in more than 20 years 

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

Construction underway at site of former Reggie’s bar

Construction is underway at the site of the former Reggie’s, the shuttered Tigerland bar that lost its liquor license following the death of LSU student Madison Brooks earlier this year. 

BRAF’s Chris Meyer talks new direction on Strictly Business

Chris Meyer says he’s focused on helping the Baton Rouge Area Foundation reach the next level of impact in the Baton Rouge community.

Louisiana agriculture and insurance commissioners elected without opposition 

Baton Rouge Republican Tim Temple will regulate the Louisiana insurance as its next commissioner...

What new lending regulations mean for small business owners 

The U.S. Small Business Administration and Consumer Financial Protection Bureau each issued new rules earlier this year that aim to expand funding access for small-business owners, especially those in underserved communities.

US unemployment claims fall as labor market continues to show resiliency 

The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation.

Rising prices: Louisiana’s heat wave could elevate costs for beef, soybean and sugar

The ongoing heatwave could lead to increased costs and a reduced yield in Louisiana's crop and livestock production, warns LSU AgCenter. Higher fertilizer prices, rising diesel fuel consumption, and the imperative for irrigation to combat the drought have all contributed to the anticipated hike in prices for this year's harvests, including soybeans, rice, cotton, and sugarcane. 

What we know about the mayor’s plan to upgrade Baton Rouge roads

Mayor Sharon Weston Broome announced this afternoon an action plan to repave and restripe dozens of roads throughout the parish.Â