Tariffs drive core inflation higher even as grocery and gas prices dip

U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices...

Gov. Landry’s former policy director launches lobbying firm

John Kay, who served as Gov. Jeff Landry’s policy director for the first 18 months of his administration, has stepped away from the governor’s...

Commercial Property of the Week, sponsored by Elifin Realty: Mid City retail with income...

Situated in the vibrant heart of Mid City, 4343 Government St.  delivers ±5,737 SF of street‑front retail on a ±.28‑acre lot, offering ±100 feet of high‑visibility...

Roundup: Worker relocation / Ford invests in EVs / Dial-up internet’s last hurrah

‘We’ll pay you’: What began as an experiment during the pandemic to lure people back to small towns and cities in the American heartland...

Working mothers are leaving the workforce as flexibility fades

Working mothers, whose return helped power the post-pandemic labor market, are leaving the workforce in striking numbers this year, The Washington Post writes.  The share...

Amtrak’s NOLA-to-Mobile passenger rail route gets moving next week

Amtrak’s new Gulf Coast passenger rail route running from New Orleans to Mobile, Alabama, starts Monday, Aug. 18. The twice-daily route, called the Amtrak Mardi...

Capital Region online sports betting is showing up in bankruptcy court  

Amid a torrent of revenue rolling in, there is a more sinister side to the online sports betting phenomenon, Business Report writes in its...

Two foreclosed apartment complexes sell for a combined $5.5M

A Kansas City, Missouri-based property management company has acquired two foreclosed apartment complexes in Baton Rouge for a combined $5.5 million, according to separate...

Corporate America is buying back stock at a record pace

U.S. companies are on pace for a record year of stock repurchases, helping drive a Wall Street rally to fresh highs, The Wall Street...

Who’s building and who’s buying in greater Baton Rouge

Here’s a look at issued permits and property deals that occurred last week in East Baton Rouge, Ascension and Livingston parishes. East Baton Rouge Parish  ...

Will Trump extend the 90-day pause on higher tariffs against Chinese imports?

A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended. After...

Roundup: Media merger talks / Fortified roof program / Public broadcasting

Nexstar and Tegna: Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna, according to people familiar with the matter. Terms...

Hut 8 breaks ground on massive data center north of Baton Rouge

Construction has commenced on the massive $12.5 billion data center that bitcoin miner Hut 8 is developing in West Feliciana Parish, according to Parish...

Louisiana jobless claims fall in early August

Louisiana’s initial unemployment insurance claims dropped for the week ending Aug. 2, according to the latest data released by the Louisiana Workforce Commission.  The state...
retail real estate sector

A New York firm bought Towne Center at Cedar Lodge for $81M

The Towne Center at Cedar Lodge lifestyle development has been sold in an $81 million deal to a New York-based shopping center operator. DLC Management...

Louisiana joins the fight against a $22B Midwest grid upgrade plan

Utility regulators in North Dakota have enlisted support from counterparts in Louisiana, Arkansas, Mississippi and Montana to oppose $22 billion in planned electric grid...

A maturing online sports betting market brings growing tax revenues

It’s difficult to predict with any precision how much revenue Louisiana will receive in the coming years from legalized online sports betting. As Business Report...

Roundup: Louisiana detention / CEO turnover / Dodge muscle SUV

Where the detainees are: The Trump administration is planning to house immigrant detainees in Louisiana State Penitentiary, according to people familiar with the matter,...

Fannie, Freddie could see a historic IPO under Trump plan

The Trump administration is moving toward one of the largest stock offerings in history—selling shares in mortgage giants Fannie Mae and Freddie Mac that...