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Why banks still face questions despite Fed’s cutting of interest rates
When the Federal Reserve cut its benchmark rate last month, it marked a turning point in the economy and communicated its intention to cut...
Where the broad-based public safety initiative SafeBR currently stands
Late in 2021, as Baton Rouge staggered toward a second consecutive record number of homicides, several members of the business community gathered together, hoping...
BREC faces lawsuit alleging breach of contract, fraud over Howell Park project
Baton Rouge-based Capitol Construction is suing BREC and New Orleans-based Perez APC over a string of purported bad faith dealings and payment disputes tied...
Roundup: Tax commission revisions / SBA disaster fund / Dockworkers
Replacement costs: The Louisiana Tax Commission has introduced a series of key updates to “cost new” values, which play a crucial role in determining...
Average US 30-year mortgage rate surges to 6.32%
The average rate on a 30-year mortgage in the U.S. surged to 6.32% this week, adding pressure on homebuyers facing sky-high prices and a...
The negative long-term impact of layoffs on companies
While layoffs may be an easy route to a more agile and responsive company operation, the Harvard Business Review warns that the long-term impacts...
These AI tools can help with filing your taxes
As people with tax filing extensions prepare for the Internal Revenue Service’s Oct. 15 deadline next week, and others begin to think about next...
Roundup: Milton’s cost / Workers comp rejected / Computer science standards
Insurance nightmare: Milton's insurance costs could match Katrina's $100 billion, according to analysts. Credit rating firm Morningstar DBRS estimates Hurricane Milton could cost insurance...
Mortgage demand declines as interest rates climb
Recent increases in mortgage interest rates have led to a notable decline in demand from both homebuyers and homeowners, CNBC reports.
According to the Mortgage...
Prairieville cake business is reopening as a bakery and coffee shop
Prairieville is getting a new bakery and coffee shop. Cake That, a Prairieville-based custom cake business, is reopening this month after closing in 2020...
This Mary Bird Perkins clinic will get a $2.5M expansion
Mary Bird Perkins Cancer Center announced that its Gonzales clinic will undergo a $2.5 million renovation and expansion.
More than 6,000 square feet will be...
A deeper dive into how The Alliance will function
Last week, it was announced that a new nonprofit—The Alliance—had been formed with a stated goal of bolstering Baton Rouge’s small business community.
But how...
Small business disaster loan program in jeopardy of running out of money
The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene’s devastation and what may follow...
Here’s the latest on the sale of One American Place
The sale of the One American Place place property downtown has been delayed.
According to a representative with the East Baton Rouge Parish Sheriff's Office,...
Roundup: Milan Fashion Week / State’s financial health / Buying a home
High fashion: A little over a year after its New York Fashion Week debut, designer and Love My Reality co-owner Crystal Lewis brought her...
Victims of the Stanford fraud may soon get paid, but for some it’s too...
Some 15 years after first being announced and nearly a decade of litigation, the victims of the $7 billion Ponzi scheme orchestrated by financier...
Local furniture chain to close Baton Rouge location
Furniture Gallery, a local chain of furniture stores, is closing its location in the newly redeveloped Ardenwood Shopping Center on Florida Boulevard.
While a precise...
Roundup: Voter registration / Constitutional amendments / Backing Israel
Deadline is today: Today is the final day to register to vote in-person for the November elections. It’s also the last day to update...
The proposed changes to Baton Rouge’s Plan of Government, explained
On Nov. 5, East Baton Rouge Parish voters will decide the fate of a set of sweeping changes to the city-parish’s Plan of Government.
Speaking...
NOLA scurrying to upgrade its streets and sidewalks ahead of Super Bowl
With the city set to host the Super Bowl in February, New Orleans advocates and leaders hope they can use the big game as...
