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Pandemic pivot: Pressure mounts, but restarting the Louisiana economy won’t be easy
Pressure is mounting to ease COVID-19-related restrictions on business, but restarting the economy won’t be easy—or fast.
Deal reportedly reached on major parts of $500B virus aid packageÂ
Senate Democratic Leader Chuck Schumer said this morning an agreement has been reached on major elements of a nearly $500 billion coronavirus aid package...
Oil futures drop to never before seen negative prices
Today’s collapse of world oil prices has sent the Louisiana energy sector into a tailspin, threatening to shutter hundreds of production and service companies...
Governor begins laying plans to reopen Louisiana economy
The state’s hospitals and clinics could reopen for routine care and non-COVID-19 related treatment as soon as May 1, if not sooner, according to...
State leaders looking to major infrastructure projects to restart state’s economy
With the coronavirus-stressed economy now in a recession and perhaps headed to a depression, some business and political leaders are looking to speed up...
Baton Rouge financial advisers answer employee FAQs about 401(k) plans
The coronavirus pandemic has prompted the federal government to loosen the rules for tapping into retirement savings, raising questions from 401(k) account holders who...
BRAC releases economic indicator dashboard measuring COVID-19 impactÂ
The Baton Rouge Area Chamber today released a COVID-19 dashboard that examines and assesses the impact of the novel coronavirus on the regional economy....
State’s unemployed claims could spike soon, economist warns
Nearly 266,000 people are currently out of work in Louisiana because of COVID-19, local economist Loren Scott estimates.Â
It’s a significant spike from the reported...
Louisiana farmers begin planting amid price uncertainty
Planting is underway or about to start for most Louisiana crops, and farmers are watching the markets closely as the world economy reels from...
Gasoline prices continue to plummet
The city of London, Kentucky, has become the first city in the U.S. to see its gasoline prices drop below $1 a gallon, The...
Baton Rouge to rely on reserve, federal funds to cover lost tax revenuesÂ
Across the country, cities are grappling with how business interruptions will affect tax revenues in the months to come.Â
As businesses continue to be restricted,...
Congress urgently drafting $1T economic rescue packageÂ
Congress worked urgently Thursday to fashion a $1 trillion measure to prop up households and the U.S. economy amid the coronavirus outbreak, starting with...
White House seeks $3 billion to boost strategic petroleum reservesÂ
The Trump administration said Thursday it is seeking $3 billion from Congress to boost the country’s strategic petroleum reserves, potentially propping up U.S. oil...
First-quarter unemployment tax payments deferred for Louisiana employers
Louisiana employers have received temporary relief from paying their 2020 first-quarter unemployment taxes.
Employers will still be required to file their first-quarter wage and tax...
US oil prices plunge to lowest level since 2002Â
U.S. crude prices plunged to their lowest levels in 18 years, as governments tightened travel restrictions across the world and the continuing Saudi-Russian price...
Louisiana sees nation’s biggest year-over-year construction job loss in January
Louisiana lost the most construction jobs in the U.S. between January 2019 and January 2020, according to a recent report from Associated General Contractors...
Edwards closes bars, casinos, movie theaters and severely limits restaurants to slow coronavirus spreadÂ
Today, Gov. John Bel Edwards took additional measures to reduce the spread of the novel coronavirus in Louisiana, further limiting the size of gatherings...
Baton Rouge metro to add 11,700 jobs over the next two years
A series of announced large-scale private and public construction projects should kickstart what’s been a three-year lull in industrial projects in the Baton Rouge...
Open Data BR adds annexation history dataset
Open Data BR today released a new dataset while also adding the 2018 property tax records to the East Baton Rouge Parish tax roll,...
Better infrastructure essential for business growth say summit speakers
Kicking off the governor’s Louisiana Statewide Business Summit this morning, infrastructure leaders from various sectors made their case for why improving the state’s infrastructure...
