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Roundup: Future rate hikes / High school rule changes / COVID vaccines
Survey of economists: The U.S. Federal Reserve is likely done raising interest rates, according to a strong majority of economists polled by Reuters, and...
Cash-strapped FEMA is in need of relief itself
The Federal Emergency Management Agency’s disaster relief fund is in desperate need of cash, with the agency projecting at least a $4 billion deficit in the weeks ahead—even as the government responds to devastating fires in Hawaii and the hurricane season continues toward its peak.
Could Jeff Landry win the governor’s race outright in the jungle primary?
A survey released this week by an independent pollster suggests that Republican Attorney General Jeff Landry could win the Oct. 14 primary election outright and avoid a runoff election in November, USA Today Network reports.
Louisiana jobless rate reaches record low for month of July
Louisiana’s unemployment rate fell to 3.5% in July, the lowest rate ever for the month, beating out July 2022’s then-record 3.6%, according to data released today by the Louisiana Workforce Commission.
George’s restaurants under new ownership but with a familiar name
Both George’s restaurant locations—one on George O'Neal Lane and the other on Highland Road—are under new ownership.
Tractor Supply Co. property in Zachary sells for $6.5M
The Tractor Supply Co. property in Zachary has changed hands for $6.5 million in a deal filed with the East Baton Rouge Parish Clerk of Court’s office Thursday morning.
H&E accuses former employee of stealing trade secrets, violating noncompete agreement
Baton Rouge-based H&E Equipment Services is accusing a former employee of using the company’s private information to compete on behalf of his new employer, costing H&E millions.
Roundup: Coffee logo battle / Mosquito protection / Autoworkers’ strike
Starbucks’ trademarks: The owners of an online coffee company based out of Livingston Parish have found themselves in a four-year legal trademark battle with coffee giant Starbucks over the brand’s name, Siren’s Brew Coffee Co., WAFB-TV reports. Read the full story.
First half of 2023 has 401(k) savers counting their gains
A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year.
New owners rebrand Bin Q Liquor and add tasting room, wine club
If you’ve been around Baton Rouge long enough, you might still refer to Bin Q on Perkins Road by its longtime name, Cuban Liquor....
Average long-term US mortgage rate hits highest level in more than 20 years
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
Construction underway at site of former Reggie’s bar
Construction is underway at the site of the former Reggie’s, the shuttered Tigerland bar that lost its liquor license following the death of LSU student Madison Brooks earlier this year.
What we know about the mayor’s plan to upgrade Baton Rouge roads
Mayor Sharon Weston Broome announced this afternoon an action plan to repave and restripe dozens of roads throughout the parish.
Roundup: LaLege app / LHC groundbreaking / Homebuilder sentiment
Democracy award: The National Conference of State Legislatures gave the Louisiana Legislature its annual Online Democracy Award today for its LaLege mobile app. The...
Aldi to buy 400 Winn-Dixie, Harveys supermarkets in the South
Discount grocer Aldi, which has three Baton Rouge-area stores under construction, announced today it plans to buy 400 Winn-Dixie and Harveys supermarkets in Louisiana, Florida, Alabama, Georgia and Mississippi.
Is the Federal Reserve planning more rate hikes?
Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting released this afternoon.
Ruth’s Chris owners buy former furniture store next door for $2.6M
The former CORT Furniture Outlet building on Constitution Avenue has been sold to Baton Rouge-area investors, according to land records.
Urban Daiquiris expands with a location in Prairieville
Urban Daiquiris, originally established on Juban Road in Denham Springs about two years ago, has opened a second location on Airline Highway in Prairieville.
Louisiana’s gas tax rate is second lowest among states
Louisiana has the second-lowest gas tax rate in the nation, behind only Alaska, the Tax Foundation reports based on July data.
See how much longer Baton Rouge-area homes are now staying on the market
The average length of time that area homes sit on the market has doubled from a year ago, according to the latest report by the Greater Baton Rouge Association of Realtors.
