Business News

Legislators look to rid Louisiana Constitution of ‘unusual’ language

It comes as no surprise to voters who’ve been asked to decipher proposed amendments that the Louisiana Constitution

Average long-term mortgage rates dip for third week in a row

The average long-term U.S. mortgage rate ticked down for the third week in a row and has fallen more than a half-point since hitting a 20-year high less than a month ago.

Hidden Oaks at Siegen apartment complex sells to New York company for $39.5M

Apartment complex Hidden Oaks at Siegen has been sold to a New York state real estate investment firm for $39.5 million, according to documents with the Louisiana Secretary of State's office.

Two St. George incorporation appeals in the works ahead of Dec. 12 deadline

Attorneys representing supporters of the incorporation of St. George are preparing briefs to submit to the appellate court ahead of a Dec. 12 deadline.

Gasoline prices are falling fast after spiking earlier this year 

The cost of gasoline is falling so fast that it is beginning to put...

Legislature planning to take action on homeowner insurance crisis 

Unlike what Florida lawmakers are planning for later this month, there will not be a special legislative session to address Louisiana’s growing homeowner insurance crisis. 
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Roundup: Inflation tracker / Entergy donation / End of the Lane  

Still elevated: A measure of inflation that is closely monitored by the Federal Reserve...

US initial jobless claims fell back last week

The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.

Baton Rouge-area home prices predicted to rise 7.1% in 2023

Home prices in the Baton Rouge area are predicted to rise 7.1% next year due to an expected 5.1% decline in the number of closed sales, according to a recent report from Realtor.com.

Baton Rouge’s new CAO says military experience will inform new role

Maj. Gen. Glenn Curtis, who retired from the U.S. Army after 37 years, will be Mayor Sharon Weston Broome’s chief administrator starting Monday.Â