Ticket holders opt out: More than 70% of LSU football’s season ticket holders have opted out of their 2020 season tickets in exchange for a second option, which included either a refund, donating the money to the student-athlete scholarship fund, or rolling over their tickets to the 2021 season. WBRZ-TV has the full story.
Interest rates: The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate. The central bank also said today it will seek to push inflation above 2% annually. The Fed left its benchmark short-term rate unchanged at nearly zero, where it has been since the pandemic intensified in March. Fed policymakers hope an extended period of low interest rates will encourage more borrowing and spending, though their new policy also carries risks of inflating stock or causing other financial market bubbles. Read the full story.
Poor showing: With two weeks to go until the U.S. Census Bureau ends its 2020 count, 85.4% of Louisiana households have been counted, leaving the state tied with Mississippi for the third-worst response rate in the U.S, according to Louisiana Illuminator. That ranking includes the 50 states, the District of Columbia and Puerto Rico. Across the US, the response rate is 92.4%. Idaho and West Virginia lead the rankings with 99.4% of households counted, and Hawaii is next with a 98.4% total response rate. Alabama is at the bottom of the list with an 84.4% response rate followed by Montana with an 85.3% response rate. Then come Mississippi and Louisiana. Read the full story.