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 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.Â
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.
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.
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.Â