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The world economy will slow next year because of inflation, high rates and...
WASHINGTON (AP) — The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest...
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Why gas prices have fallen or remained steady for 10 weeks straight
NEW YORK (AP) — It’s not just you. Across the U.S., prices at the pump have felt milder in recent months. Gas prices have fallen or remained steady since Sep. 19 — marking about a 70-day trajectory of...
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Wall Street gains ground after encouraging updates from GM and other companies
NEW YORK (AP) — Stocks rose broadly in morning trading on Wall Street Wednesday following some encouraging updates from U.S. companies, including General Motors. The S&P 500 rose 0.4%, finding...
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Bossier School Board elects Jason Rowland as district’s new superintendent
The Bossier Parish School Board unanimously selected Jason Rowland as the next superintendent to lead the district forward. Rowland is a 31-year educator who has served for the past four years as...
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US economic growth for last quarter is revised up to a 5.2% annual rate
WASHINGTON (AP) — Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported...
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Louisiana’s new GOP trifecta in state government could portend big changes
(The Center Square) — “The excitement and anticipation is palpable” as Louisiana prepares for a Republican trifecta that will align the political focus in Baton Rouge for the first time in eight...
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Capchem USA evaluating $350M investment to establish EV battery supply chain...
ASCENSION PARISH, La. – Capchem Technology USA Inc., a wholly owned subsidiary of Shenzhen Capchem Technology Co., announced it is evaluating plans to invest $350 million to build an integrated...
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House subcommittee notes U.S. oil & natural gas industry ‘leads the way’ in...
(The Center Square) – A U.S. House Energy and Commerce subcommittee highlighted how the U.S. oil and natural gas industry is a global leader in clean energy production at a Wednesday hearing. In a...
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I-20 rehab project in Bossier Parish reaches milestone with next phase of...
The Louisiana Department of Transportation and Development announces that the I-20 major rehabilitation project that is currently underway in Bossier City will be shifting into phase 2 of construction...
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Nonprofit cohort graduates praise LSUS’s program, applications for second...
SHREVEPORT – Fundraising. Board development. Organizational efficiency. Relationship building with clients and staff. Marketing and brand recognition. Fifteen directors of local nonprofit...
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Louisiana not seasonally adjusted unemployment rate second lowest for the...
BATON ROUGE – Data released today by the Louisiana Workforce Commission shows that Louisiana’s not seasonally adjusted unemployment rate for October 2023 is 3.6 percent. This is tied for the second...
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Local economy remains on solid footing, according to LSUS economic dashboard
SHREVEPORT – If Douglas White would have had to predict 18 months ago whether the U.S. economy could achieve a “soft landing,” he along with most other economists would have given a resounding no....
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Morning business headlines: Dec. 1, 2023
Stock market today: Wall Street drifts lower following its best month in more than a year NEW YORK (AP) — Stocks are opening slightly lower on Wall Street as the market comes off its best month in...
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New US rules, aimed at curbing China, could limit tax credits for electric...
WASHINGTON (AP) — The Biden administration proposed new rules Friday that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit, complicating efforts to meet...
View ArticleLouisiana residents voice concerns over carbon capture project
(The Center Square) — Scores of Louisiana landowners weighed in on the state’s emerging carbon capture industry on Wednesday, with not one in favor of the controversial projects. Much of the testimony...
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Lower mortgage rates next year unlikely to entice ‘rate-locked’ homeowners to...
LOS ANGELES (AP) — Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home loan to remain above...
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Applications for jobless benefits up modestly, but continuing claims reach...
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years. Applications for...
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Federal Reserve’s preferred inflation gauge shows price pressures continuing...
WASHINGTON (AP) — The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic...
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Louisiana Legislature gets time to draw congressional map in third...
By Wes Muller, Louisiana Illuminator A federal judge on Monday gave Louisiana lawmakers an extra two weeks to draw a new congressional map that doesn’t violate the Voting Rights Act, allowing time for...
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International Commerce Master Plan provides 10-year roadmap for continued...
BATON ROUGE – The Louisiana Board of International Commerce (LaBIC) today released a new Comprehensive Development Plan that establishes a detailed blueprint for sustaining the recent rapid growth of...
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