NEW YORK (AP) — Stocks are opening moderately higher on Wall Street following weakness overseas as global trading remains unstable amid deep uncertainty over how bad the economic toll of the coronavirus will be. The tentative climb early Wednesday came…
NEW YORK (AP) — A big rally on Wall Street suddenly vanished Tuesday, undercut in part by another plunge in the price of oil. The S&P 500 dipped 0.2% after erasing a surge of 3.5% earlier in the day. The…
NEW ORLEANS - The federal Paycheck Protection Program officially went live Friday, April 3. The unprecedented initiative aims to provide up to $350 billion to small businesses nationwide to allow them to maintain payroll and prevent an even bigger economic…
NEW ORLEANS – We asked more than 500 local business leaders how they are dealing with the challenges of the global COVID-19 pandemic. Here are some of their insights and observations: How are you coping with the current coronavirus crisis?…
BANGKOK (AP) — Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Markets in Tokyo, Seoul and Sydney…
NEW ORLEANS - Last Friday, there were 2,700 confirmed COVID-19 cases and 119 deaths in Louisiana. One week later, there are more than 10,000 cases and nearly 400 deaths. Worldwide, there are more than 1 million confirmed cases. Governments at…
NEW YORK (AP) — Stocks are wavering in early trading on Wall Street after the government reported that more than 700,000 jobs were lost last month. The S&P 500 was up 0.4% in the first few minutes of trading. Businesses…
NEW YORK (AP) — Stock indexes turned wobbly on Wall Street Thursday afternoon after giving up much of an early gain driven by a surge in oil prices as hopes grew for a truce in an oil price war between…
NEW YORK (AP) — Wall Street is again in a selling mood as the coronavirus crisis deepens. The S&P 500 and the Dow Jones Industrial Average fell more than 3% Wednesday as the market moves on from its worst quarter…
NEW ORLEANS - John J. Zollinger IV, senior vice president and market president at Home Bank, provided the following information to help businesses owners determine the loan amount their company will be eligible for under the federal government's Payroll Protection…
NEW YORK (AP) - The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks. The payments are part of the $2.2 trillion rescue package signed into law last week by President Donald…
WASHINGTON, D.C. - From personal finance website WalletHub: With the U.S. stock market having lost over 20 percent of its value and the U.S. government passing a historic $2 trillion stimulus package, WalletHub today released a report on the State…
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys. The Fed's move Tuesday marks its latest aggressive…
NEW YORK (AP) — U.S. stocks are pushing higher Monday, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak. But markets around the world remain tentative amid uncertainty about whether global authorities…
NEW ORLEANS – We asked more than 500 local business leaders how they are dealing with the challenges of the global COVID-19 pandemic. Here are some of their insights and observations: How are you coping with the current coronavirus crisis?…
NEW YORK (AP) - Stocks fell Friday morning on Wall Street as investors waited for Congress to deliver a big financial rescue package aimed at cushioning ailing businesses and households from the coronavirus crisis. The selling erased some of the…
NEW ORLEANS - The COVID-19 crisis has disrupted economies worldwide and wreaked havoc on the U.S. stock market. According to the New York Times, stocks have slumped about 35 percent since the coronavirus spread globally last month … and more…
NEW ORLEANS — Although the COVID-19 pandemic continues to dominate the city's attention, there was some good economic development news from earlier this month that deserves attention. Gov. John Bel Edwards and Raistone Capital CEO Dave Skirzenski announced the New…
NEW ORLEANS - We asked more than 500 local business leaders how they are dealing with the challenges of the global COVID-19 pandemic. Here are some of their responses. We’ll share more soon. How are you coping with the crisis?…
NEW ORLEANS – Fidelity Bank has announced a 90-day payment deferment for all loan clients effective immediately as a response to the COVID-19 crisis. Additionally, Fidelity will waive late payment fees, waive early withdrawal penalties on certificates of deposits and…
NEW ORLEANS - The COVID-19 crisis has disrupted economies worldwide and wreaked havoc on the U.S. stock market. According to the New York Times, stocks have slumped about 35 percent since the coronavirus spread globally last month ... and more…
NEW YORK (AP) — The Federal Reserve did what it could to help financial markets and the economy Monday. But investors are still waiting for Congress and White House to do the same. The uncertainty about Washington's response to the…
NEW ORLEANS - There were about 100 confirmed cases of the coronavirus in Louisiana on Monday. By Friday morning, there were almost 500 cases and 10 deaths. About 300 of the confirmed cases are located in New Orleans. The numbers…
NEW YORK (AP) - U.S. stocks recovered from an early stumble and were headed higher in morning trading Friday, extending solid gains from a day earlier as Wall Street rounded out another turbulent week. If the gains hold they would…
WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic. Home loan rates had hit all-time lows two weeks ago. Mortgage buyer Freddie Mac…
WASHINGTON, D.C. - Around 67 million Americans think they will have trouble paying their credit card bills due to coronavirus, according to WalletHub’s new Coronavirus Money Survey. This survey, which follows WalletHub’s report on the States Most Aggressive Against the Coronavirus,…
NEW ORLEANS - Here are two notes about the upcoming April 15 tax filing deadline provided by Hannis T. Bourgeois, Louisiana CPAs and business advisors: At this time, the IRS is still considering whether to extend the tax filing deadline,…
NEW YORK (AP) — Stocks lost more than 6% on Wall Street Monday as huge swaths of the economy come closer to shutting down due to the coronavirus outbreak, from airlines to restaurants. Emergency actions taken by the Federal Reserve…
NEW ORLEANS - The recent stock market plunge combined with travel restrictions and event cancellations are already hurting the economy in New Orleans, which earns $9 billion each year from tourism. Meanwhile, the recent steep drop in the price of…
NEW YORK OAP (AP) - The Latest on financial markets: Trading in U.S. futures was halted Friday with the Dow, S&P 500 and Nasdaq all surging more than 5%. A "limit up" trigger intended to keep market volatility within a…
