NEW ORLEANS – From Loyola University New Orleans: Skilling up? Looking for your Plan B? Loyola University New Orleans has been approved by the Certified Financial Planner Board of Standards Inc. to provide a new financial planning education certificate program.…
NEW ORLEANS - Liberty Bank and Trust Company said it has seen a dramatic increase in new accounts, significant deposits and major business commitments from across the country thanks to the nation's increased support of the Black community in the…
NEW YORK (AP) - Probably the last thing you want to think about during a crisis is working on healthy financial habits like saving money. But if you’re able to save, you can make your eventual recovery easier. “Every time…
NEW ORLEANS - Last night, the Senate passed an extension of the deadline for small businesses to apply for Paycheck Protection Program loans. If the legislation becomes law, businesses will have until Aug. 8 to apply for the $130 billion…
NEW YORK (AP) - Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The…
NEW YORK (AP) — Wall Street is drifting higher in midday trading on Tuesday, a quiet coda for a rocking quarter that sent the U.S. stock market screaming back toward its record heights. The S&P 500 was up 0.8%, bringing…
ORLANDO, Fla. (AP) — Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late 2000s, but nothing prepared him for the revenue tailspin that followed lockdowns and travel restrictions…
NEW YORK (AP) - Stocks moved broadly lower on Wall Street in early trading Wednesday as investors turned cautious after new coronavirus cases in the U.S. climbed to the highest level in two months. The S&P 500 was down 1.3%,…
NEW YORK (AP) - You’re not the only one with a tight budget. Millions of Americans are currently struggling with unemployment, lost hours and lowered wages. There’s little comfort in knowing that others are feeling strapped. But you may be…
NEW YORK (AP) — Stocks are rallying worldwide on Tuesday, and Wall Street is heading for its third straight gain after U.S. retail sales rebounded last month by much more than economists were expecting. The S&P 500 was up 2%…
WASHINGTON (AP) — The Federal Reserve is expanding the range of companies that will qualify for its soon-to-begin Main Street Lending Program, in which the Fed will lend directly to individual companies for the first time since the Great Depression.…
NEW YORK (AP) - Just because stocks have scrambled nearly all the way back to their record heights doesn’t necessarily mean the market is in the clear. Stocks have a long history of making big gains within long-term down markets,…
BATON ROUGE, La. (AP) — Wrapping up a shortened regular session interrupted by the coronavirus pandemic, Louisiana lawmakers were poised Monday to hand business groups the limits on car wreck lawsuits that they've sought for years while punting completion of next…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program through which the Fed will lend directly to private companies for the first…
METAIRIE – MBT Bancshares, the holding company of Metairie Bank & Trust, announced today that its board of directors at its meeting on May 26 declared a semi-annual cash dividend of $0.50 per share on the common stock of the…
BATON ROUGE – The NFIB Research Center released a survey on the status of the small business loan programs. Among NFIB members, 80% applied for a Paycheck Protection Program loan and almost 90% have received the loan. Most of the…
LAFAYETTE – Home Bancorp announced that Ann Forte Trappey has been appointed to its board of directors. “Ann has earned an exceptional reputation as a business and civic leader across the Gulf South,” said John W. Bordelon, chairman, president and…
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to national and global response, the work place and the spread of the virus. ________________________ DAY AFTER: States are…
BATON ROUGE – From Business First Bancshares: Business First Bancshares Inc., parent company of b1BANK, announced its unaudited results for the quarter ended March 31, 2020, including net income…
NEW YORK (AP) - The rush to fill medicine cabinets and pantries ahead of the rapidly spreading COVID-19 pandemic fueled surging profits at CVS Health during its first quarter. The outbreak also lifted the health care giant’s insurance business because…
NEW YORK (AP) — Is Wall Street blind? The global economy is in shambles, the coronavirus pandemic has killed more than 249,000 worldwide and 30 million Americans have lost their jobs as collateral damage in the fight against COVID-19, with…
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett doesn't know how or when the economy will recover from the coronavirus outbreak shutdown, but he remains optimistic in the long-term future of the United States. Buffett said Saturday at Berkshire Hathaway's…
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking into its worst crisis since the…
WASHINGTON (AP) — The Federal Reserve will allow a much larger number of cities and counties to participate in a lending program that it announced earlier this month. The program initially allowed only 10 cities and 16 counties to participate. It…
NEW ORLEANS - The SBA resumed accepting Paycheck Protection Program applications from participating lenders at 9:30 a.m. on Monday, April 27. The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep…
NEW ORLEANS - Last Friday, there were more than 23,000 confirmed cases of COVID-19 in Louisiana and more than 1200 deaths. A week later, there are more than 26,000 cases and more than 1600 deaths. The numbers continue to rise…
NEW YORK (AP) — Stocks are pushing higher in afternoon trading Friday as Wall Street nears the end of its tumultuous week. The S&P 500 was up 0.9% after spending much of the day close to the flatline, following losses…
NEW YORK (AP) — Oil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic. Stocks and Treasury yields also dropped on Wall Street, with the S&P 500…
NEW YORK (AP) — Stocks are falling in early trading on Wall Street Monday, as energy stocks get hammered by the latest collapse in the price of oil. The S&P 500 was down 1% after the first 15 minutes of…
NEW ORLEANS - A week ago, there were more than 18,000 confirmed COVID-19 cases and more than 700 deaths in Louisiana. Now, there are more than 23,000 cases and more than 1,200 deaths. Despite those numbers, officials at all levels…
