WASHINGTON (AP) — The U.S. economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an interview broadcast Sunday, though the coronavirus still poses some risk. Chair Jerome Powell, speaking…
SILVER SPRING, Md. (AP) — Wholesale prices jumped again in March pushed by another big increase in energy prices, the government reported Friday. The Labor Department’s producer price index, which measures inflation before it reaches consumers, rose 1% in March,…
WASHINGTON (AP) — Republicans in Congress are making the politically brazen bet that it’s more advantageous to oppose President Joe Biden’s ambitious rebuild America agenda than to lend support for the costly $2.3 trillion undertaking for roads, bridges and other infrastructure investments.…
ATLANTA (AP) — Amtrak says a new route in its long-range plans would connect Savannah to Nashville and stop in Atlanta. Amtrak’s proposed new routes also include one that would connect Montgomery, Alabama, to Atlanta. The routes are among several…
NEW ORLEANS - President Joe Biden has proposed an aggressive series of infrastructure investments he says would require $2.3 trillion in spending over eight years and create millions of jobs. According to a White House fact sheet, Louisiana projects may…
LAS VEGAS (AP) — Casino giant Caesars Entertainment Inc., owner of the Harrah's Casino New Orleans, is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion, and is suing a long list of insurance…
NEW YORK (AP) - The housing market was among the very few bright spots for the U.S. economy in the year of the lockdown and Home Depot became its supplier, racking up an unprecedented $132 billion in sales for 2020.…
WASHINGTON, D.C. - Independent business owners will hold a virtual roundtable with U.S. Rep. David Cicilline, Zephyr Teachout and other small business and antitrust experts to explain how "Amazon’s growing dominance has hurt their businesses and what actions they’d like…
NEW YORK (AP) - The recent GameStop frenzy provided what parents and educators call a teachable moment — an opportunity that presents itself to lend a little insight. So what is the best way for parents to teach kids about…
NEW YORK (AP) - Do you know which restaurant cooked your meal delivery? Increasingly, it can be hard to tell. Delivery-only brands __ cooked in another brand's kitchen and often delivered by third parties like Uber Eats __ were proliferating…
NEW YORK (AP) — The $600 stimulus checks got Americans shopping again. After three months of declines, retail sales soared a seasonally adjusted 5.3% in January from the month before, the U.S. Commerce Department said Wednesday. It was the biggest…
AUSTIN, Texas (AP) — Winter weather that has overwhelmed power grids unprepared for climate change and left millions without electricity in record-breaking cold kept its grip on the nation's midsection Wednesday. At least 20 people have died, some while struggling…
WASHINGTON (AP) — U.S. consumers increased their borrowing in December by $9.7 billion, as Americans took out loans to buy autos or finance their educations. But credit card use declined for the third-consecutive month. The rise in total borrowing in…
WASHINGTON (AP) — The nation's top financial markets regulators say they will look into whether recent stock market turbulence is an indication that current trading practices are not doing enough to protect investors. The Treasury Department said Thursday that regulators…
WASHINGTON (AP) — Treasury Secretary Janet Yellen says there are “tough months ahead” for the country with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package. In her first public interview since…
NEW YORK (AP) - When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government’s signature small business relief program for more than $8 million. The…
DALLAS (AP) — Just how bad was 2020 for the airline industry? The six biggest U.S. airlines lost $34 billion, and Southwest suffered its first full-year loss since Richard Nixon was president and gasoline sold for 36 cents a gallon.…
WASHINGTON (AP) — U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1. The…
BATON ROUGE – The Louisiana Mid-Continent Oil & Gas Association made the following statement in response to President Joe Biden canceling the Keystone XL pipeline: “Energy infrastructure projects like the Keystone XL pipeline are critical to our economic recovery from…
NEW YORK (AP) — U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. The S&P 500 was 1.3% higher at 3,848 in…
WASHINGTON (AP) — Joe Biden became the 46th president of the United States on Wednesday, declaring that “democracy has prevailed" as he took the helm of a deeply divided nation and inherited a confluence of crises arguably greater than…
NEW YORK (AP) — The push to inoculate Americans against the coronavirus is hitting a roadblock: A number of states are reporting they are running out of vaccine, and tens of thousands of people who managed to get appointments for…
SAN RAMON, Calif. (AP) — Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding lineup of TV series and movies continues to captivate people stuck at home during the ongoing battle against the…
BALTIMORE (AP) — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in…
NEW ORLEANS - On the inaugural virtual Business Forum co-presented by Biz New Orleans (click here to watch), iconic publishing executive Steve Forbes said the beginning of a pandemic recovery in 2021 will provide plenty of opportunities for businesses and…
NEW ORLEANS - The Small Business Administration has announced the debut of Ascent, an interactive digital platform "packed with resources women business owners need to set, and achieve, their business goals." Ascent is designed for the “missing middle” — growth-oriented…
NEW YORK (AP) — Millions of business owners are about to get help. The Small Business Administration and the Treasury Department have revived the PPP five months after its first two rounds of funding ended. In the latest round, businesses…
NEW ORLEANS - In a week when Louisiana’s coronavirus numbers are near all-time highs - and vaccine distribution would ordinarily be top of mind - events in Washington stole all the attention. On Wednesday, when the nation’s lawmakers gathered to…
DETROIT (AP) — A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years. The mileage increase comes as Americans continue to buy SUVs and trucks,…
