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What to know about this week’s mortgage rate increase
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July.
The rate...
Roundup: U.S. home sales / Tech giants / Airline boarding
On the rise: Sales of previously owned U.S. homes rose in October as buyers took advantage of a dip in mortgage rates. Contract closings...
How data centers are threatening the effort to cut greenhouse gas emissions
The explosion of data center development across the U.S. to serve the artificial intelligence industry is threatening decades of progress cutting greenhouse gas emissions,...
Senate committee votes to keep film tax credits, but with a key edit
A Louisiana Senate committee voted Tuesday to keep the state's tax incentive for film production while reducing the cap on the program by $25...
How international imports hurt the state’s shrimping industry
What was once booming shrimping communities in south Louisiana are now mostly abandoned as the state’s shrimping industry continues to grapple with international imports,...
See which downtown restaurant has new owners
Rick Volland, the owner of Capital City Grill and Stroubes Seafood and Steaks, has added another downtown restaurant to his portfolio.
Volland purchased Downtown Seafood...
Roundup: Special session update / Bank losses / Potential tariffs
Up for consideration: The Louisiana Senate has a full plate of business to consider on Thursday with more than two dozen House bills up...
What the Fed’s rate cut could mean to local and state governments
The Federal Reserve’s anticipated second key rate cut could benefit state and local governments along with the average consumer, the Louisiana Illuminator reports.
The lower...
Why experts warn against federal tax cuts that are meant to spur growth
As Republicans write their 2025 tax plans, they are arguing that lower taxes promote growth and, at least in part, can pay for themselves...
Roundup: Special session / Mayoral candidate forum / Ford layoffs
On the agenda: The state House of Representatives is set to continue debating House Bill 9 on Wednesday. HB9, sponsored by Rep. Neil Riser,...
DSLD purchases dozens of lots in this Zachary community
Denham Springs-based homebuilder DSLD purchased 79 lots to add to its Fairview Gardens community in Zachary.
DSLD bought the lots through DSLD Homes LLC from...
Health Tip of the Week, sponsored by Baton Rouge General: What Gen X and...
Cancer rates are on the rise for Gen Xers and millennials. Researchers found significant increases in 17 of the 34 most common cancers among...
Walmart is placing its holiday bets on higher income shoppers this year
Higher income shoppers are making up the bulk of customers driving market share gains for one of the nation’s largest retail behemoths, the Washington...
This coffee chain location just sold for $2.5M
The land on which the Essen Lane 7Brew sits recently changed hands after a New York-based real estate investment trust bought the property across...
Roundup: Mayoral runoff debate / Ruth’s Chris Steak House / Buc-ee’s
Runoff: Both candidates in the runoff election for mayor-president of East Baton Rouge Parish have agreed to take part in a televised debate at...
Early planning is key when exiting from a business
Starting a small business is hard. Figuring out what to do with a small business when an owner is ready to retire can be...
Roundup: Allied Power / Louisiana’s reserve funds / Jersey Mike’s
New leadership: Allied Power, a full-service provider of power plant services and a Bernhard Capital Partners portfolio company, has announced Mike Little as its...
Is shrinking the number of services to be taxed key to passing tax reform?
A bill expanding the state sales tax to apply to more than three dozen labor and services was sidelined in the Louisiana House again...
An updated look at the local commercial real estate market
Commercial sales transactions and deal velocity in East Baton Rouge Parish were down in October, according to Elifin Realty’s latest data.
Sales were down by...
Commercial Property of the Week, sponsored by Elifin Realty: Development land near Copper Mill...
Now available for sale, 19857 Old Scenic Hwy. is a ±11.30-acre development lot with exceptional potential for multifamily or townhome use. Zoned SPUD (Small...
