Business News

Business economists are pushing back their recession forecasts  

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates.

Lafayette developers buy land to build a hotel near Essen and I-10 

Two side-by-side properties on One Calais Avenue have been purchased for the sum of $1.31 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Why a Pennington Biomedical researcher was chosen to receive a $1.8M grant

Dr. David McDougal, an assistant professor at Pennington Biomedical Research Center, recently won a...

What is being done to attract more health care workers?

While doctors and nurses get most of the headlines, there’s a need for more workers throughout the allied health spectrum, officials say. 

Balances are up, but the number of 401(k) millionaires is down

Despite the turbulence in the stock market, workers are still plowing money into their...

LABI reacts to Gov. Edwards’ $45.7B budget proposal  

The Louisiana Association of Business and Industry today released a response to Gov. John Bel Edwards’ state budget proposal.
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Aggressive rate hikes have consistently led to recessions in the past

Can the Federal Reserve keep raising interest rates and defeat the nation's worst bout...

Two new businesses moving into Highland Park Marketplace

Jimmy John’s and a new anti-aging clinic are the latest tenants moving into Highland Park Marketplace off Old Perkins and Highland roads. 

Key US inflation measure surges at fastest rate since June 

The Federal Reserve's preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year.

Why are officers leaving their jobs? Louisiana police agencies fail to cite reasons 

Law enforcement agencies in Louisiana are failing in a majority of cases to report why officers leave their employment, as the law requires