NEW ORLEANS - It was a relatively subdued week in New Orleans for more reasons than one. Despite a soaking from Beta, no major storms threatened the metro area. Saints fans were downcast after the team's humbling Monday night loss.…
NEW ORLEANS – Freddie Mac has named NOLA Lending Group as one of the winners of its Home Possible RISE Awards. The annual Recognizing Individual for Sustained Excellence program salutes Freddie Mac’s top clients across multiple categories for excellence with…
METAIRIE, La. - The Jefferson Chamber's virtual LiveWell Jefferson Worksite Wellness Summit, presented by Blue Cross Blue Shield of Louisiana, will celebrate a culture of health and wellness among the business community and residents of Jefferson Parish. Participants will increase…
WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come. As a result,…
BIRMINGHAM, Ala. – Argent Trust Company announced today that it has named Jeff Bradley as senior vice president of institutional services in the Birmingham office. He will report to Mark Milton, director of institutional services at Argent Trust. Bradley will…
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent consumer borrowing down sharply in the previous three months. The Federal Reserve reported Tuesday that the 3.6%…
NEW ORLEANS - Nearly nine in 10 Americans say COVID-19 has triggered stress on their personal finances. For the second year in a row, Financial advice website SmartAsset has crunched the numbers to find the cities with the most financial…
NEW ORLEANS – Airfoil Angels, a Gulf South-based angel investor firm, said it is actively searching for entrepreneurs and ventures that need seed, startup and growth capital. Airfoil Angels said it looks at all deals regardless of industry, deal size,…
CHARLOTTE, N.C. - Each month, online lending marketplace LendingTree analyzes the number of new business applications and the percentage of business applications by high-propensity businesses filed in each state to find areas where small businesses are growing, compared to the…
WASHINGTON (AP) — U.S. average rates on long-term mortgages rose this week though they remain at historically low levels. The key 30-year loan nudged toward 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home…
RUSTON, La. – Argent Financial Group, which is headquartered in Ruston and has offices in 12 states, announced today that J. Aaron (A.J.) Jack has been named executive officer of Argent’s Oklahoma City-based subsidiary, Heritage Trust Company. “I am pleased…
NEW ORLEANS - The picture on the front page of the paper says it all: a former New Orleans bakery worker is now earning a few dollars an hour holding up one of those signs on the street to capture…
NEW YORK (AP) - Behavioral economist Dan Ariely and his colleagues at Duke University’s Center for Advanced Hindsight have a pact. Every week, the group of 50 people picks one small business in Durham, North Carolina, and each person spends…
NEW YORK (AP) - Stocks are moving higher on Wall Street Tuesday, edging the S&P 500 closer to the all-time high it hit in February, before the coronavirus pandemic knocked the market into a steep plunge. The S&P 500 was…
NEW YORK (AP) - People who care about their credit scores tend to obsess about some things they probably shouldn’t, such as the possibility they might have too much credit. Let’s bust that myth right upfront: The leading credit scoring…
BATON ROUGE – Business First Bancshares Inc., parent company of b1BANK, announced its unaudited results for the quarter ended June 30, 2020, including net income of $2.1 million, or $0.11 per diluted share, decreases of $4.8 million and $0.39, respectively,…
BETHESDA, Md. – Commercial real estate finance company Walker & Dunlop announced that it structured $23,020,000 in permanent financing for The Reveal, a 150-unit affordable housing development that will be constructed using 4% low-income housing tax credits. Walker & Dunlop…
LOS ANGELES (AP) — With the 30-year mortgage rate falling this week below 3% for the first time in a half-century, more U.S. homeowners are likely to seize the chance to refinance their home loans. Americans refinanced nearly 2 million…
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,…
