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Consumer spending rose 4.1% in Baton Rouge last year
Real personal consumption expenditures, a measure of how much consumers are spending, rose 4.1% in the Baton Rouge area from 2020 to 2021, according...
Louisiana sports betting posts record revenue in November
Sports betting revenue for Louisiana spiked again in November, generating more than $6 million in taxes for the state.
November’s revenues of $6,265,200 for the...
Tips for holiday gift giving at work
Giving gifts to your co-workers during the holidays doesn’t need to cause you a lot of stress, break the bank, or even cost any...
Roundup: Ronald Greene’s death / House flipping / Wall Street woes
Announcement: A grand jury’s decision on whether to hand down any state-level criminal indictments against Louisiana State Police troopers and other law enforcement officers...
Why businesses often lay off workers near the holidays
There is arguably no good time for companies to lay off employees, of course, but as farewell-to-my-job posts continue to populate LinkedIn, many are...
Greater Baton Rouge home sales down 37% in November from a year ago
The Capital Region housing market’s slowdown continued in November, as closed sales were down about 37% compared to November 2021, the Greater Baton Rouge...
MasteryPrep sale boosts funding for local software startup
OfficerReports, a Baton Rouge software startup that helps security guard companies manage remote employees, is getting a funding boost as it expands to work with other types of businesses.
How the latest Fed rate hike will affect small business loans
With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007, CNBC reports.
Roundup: APTIM office / EPA rule challenged / Free COVID tests
Water Campus: Baton Rouge-based environmental and energy solutions firm APTIM today opened its new headquarters at The Water Campus. Previously housed on Essen Lane,...
Out-of-pocket health care spending jumped more than 10% last year
Out-of-pocket health spending rose 10.4% in 2021, a growth rate not seen since 1985 that was driven in part by demand for dental services,...
Retail sales fell in November even with the start of holiday shopping
Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, particularly lower income households, to make harder decisions about what they buy.
US weekly initial jobless claims reach lowest level in more than two months
The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor market remains strong even as the Federal Reserve continues to raise interest rates in an effort to cool the economy and slow inflation.
City-parish sees decrease in new businesses during 2022
East Baton Rouge Parish has seen a drop in new businesses during 2022, according to the latest numbers available from the city-parish.
Downtown retailer plans to open bookstore in February
The owner of a downtown Baton Rouge plant shop and design studio plans to open a bookstore in his open space next door.
COVID policies your company should keep long term
As the three-year COVID-19 mark approaches, it's understandable that some companies may be eager to ditch their early pandemic policies and get back to...
Roundup: Power outages / Weather emergency / Tech labeling
Blackout: Hundreds of power outages were reported this afternoon in the Baton Rouge area, WAFB-TV reports. According to Entergy’s power outage map, several hundred...
SEC will vote on overhauling stock market rules
The U.S. Securities and Exchange Commission will vote today on whether to propose some of the biggest changes to the structure of the American...
How to tell when your hybrid work schedule isn’t working
More and more businesses have at least a portion of employees who spend some of their time working in the office and some time...
Tim Kight: Exceptional leadership requires a relentless mindset
Tim Kight says that if an organization isn't performing as well as its leader would like, the first place that leader should look is in the mirror.
Fed set to announce half-point rate increase, more hikes coming in 2023
After four straight three-quarter-point interest rate hikes, the Federal Reserve is set to announce a smaller half-point increase in its key rate today, a first step toward dialing back its efforts to combat inflation.
