Business News

Dec 5, 2022

Energy sector 'could absolutely do well again' in 2023, says analyst

Energy is the best performing sector year-to-date. The S&P 500 Energy ETF (XLE) is up 62%, far outperforming any other equity group in...

Dec 5, 2022

Gas Prices Are Dropping: Here’s How Much Lower They Might Go

The average cost of fuel in the U.S. has fallen more than 30% from record highs, with seven states below $3 a gallon Fuel prices have...

Dec 5, 2022

Stocks fall ahead of more economic data

U.S. stocks sunk Monday ahead of another wave of economic data out this week. The S&P 500 (^GSPC) moved lower by 0.9% in early morning...

Dec 5, 2022

Credit Suisse’s Investment Bank Spinoff Attracts Saudi Crown Prince

Saudi Arabia’s Crown Prince Mohammed bin Salman is preparing to invest in Credit Suisse Group AG’s investment bank, the Wall Street...

Dec 5, 2022

Florida follows Louisiana - pulls $2B from BlackRock in largest anti-ESG divestment

Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc...

Dec 2, 2022

OPINION: LOUISIANA ECONOMIC SITUATION NOVEMBER 2022

Written By Vance Finn - Chief Economist @ The Pelican Institute for Public Policy Key Point: Louisiana’s labor market looks okay on the...

Dec 1, 2022

Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott

Texas Governor Greg Abbott sees value in what Bitcoin means to the entire world, adding that his state “wants to be the centerpiece of...

Nov 30, 2022

Bollinger moves its executives into key positions at newly acquired Mississippi operations

Bollinger Shipyards, the Lockport-based shipbuilder, has put several of its own executives in charge of running the loss-making Halter...

Nov 30, 2022

Is this the last Christmas for Sears?

Tracy Easterling spent about an hour Sunday shopping at Sears, which used to be one of her favorite stores. She ended up with nothing to...

Nov 29, 2022

AMC Networks to Lay Off 20% of U.S. Workers as CEO Christina Spade Exits - WSJ

“We have determined we need to conserve resources at this time,” the entertainment company said Tuesday. “This will involve cutbacks in...

Nov 29, 2022

Why The Definition Of Inflation Matters

When people talk about “inflation” today, they generally mean rising prices as measured by the Consumer Price Index (CPI). But...

Nov 29, 2022

Bob Iger's Back at Disney: 3 Reasons Investors Should Pay Close Attention

Walt Disney (DIS -1.04%) investors cheered the news of CEO Bob Iger's return, and it's not hard to see why. In the nearly three years...