Millennials are the largest generation in the U.S. labor force, comprising 35 percent of the workforce, according to the Pew Research Center.
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Millennials Constitute 35 Percent of U.S. Labor Force
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Words of Wisdom (Editorial)
This year’s crop of 40 Under 40 young professionals offered several nuggets of wisdom that we would have done well to have taken to heart, oh, 30 or 40 years ago. Maybe you, too, can benefit from what they’ve learned.
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One Bank, Landlord Tussle in Lawsuit Over Former OneBanc Branch
A Little Rock landlord says One Bank is still on the financial hook for a closed branch office on Cantrell Road.
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FNB Crossett Poised to Join Public Company
The pending $12.8 million acquisition of Crossett’s Ashley Bancstock Co. and its First National Bank will turn the buyer, Century Next Financial Corp. of Ruston, Louisiana, into a multistate banking holding company.
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Business Economists Worry About Possible Recession in 2020
A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by 2020, the country could be entering a new recession.
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LumoXchange Launches Currency Exchange Marketplace
LumoXchange, a financial technology payments company headquartered in Little Rock, announces the launch of its currency exchange marketplace, which lets users choose their exchange rates and send money.
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US Long-Term Mortgage Rates Fall; 30-Year at 4.54 Percent
Long-term U.S. mortgage rates fell this week for the second straight week, providing a helpful jolt for potential home buyers.
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Spencer Adams Ascends at Anstaff (Movers & Shakers)
Spencer Adams has been named the assistant vice president and commercial lender for Anstaff Bank at the Mountain Home branch.
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Berry Bishop’s Alliance Insurance Group Files for Bankruptcy
Bishop’s Alliance Insurance Group of Arkadelphia Inc. filed for Chapter 7 bankruptcy protection late last month and listed $8.2 million in debts and $5.5 million in assets.
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NLR Pharmacy Prescribed Following $2.2M Site Sale (Real Deals)
An affiliate of CVS Pharmacy purchased the Lakewood Exxon at 2501 McCain Blvd. The seller is C&E Investments LLC, led by Jimmy and Vanessa Crossfield.
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First Security Bank Sues Lauren James for Allegedly Defaulting on Loan
First Security Bank sued women's clothing company Lauren James of Fayetteville on Thursday seeking $338,720, the unpaid balance of a $400,000 business loan.
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Gleason, Thompson to Headline Executive Academy
Emerging leaders from business, nonprofit and policy sectors have an opportunity this fall to learn from some of the most successful and recognizable business names in Arkansas as part of the Arkansas Business Executive Leadership Academy.
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Three Things To Watch For From The Federal Reserve On Wednesday
No one will likely be surprised by the announcement the Fed is set to make when its latest policy meeting ends Wednesday: That it's raising its key short-term interest rate for the second time this year.
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Fed Raises Key Rate, See Possible Acceleration in Hikes
The Federal Reserve has raised its benchmark interest rate for the second time this year and signaled that it may step up its pace of rate increases because of solid U.S. economic growth and rising inflation.
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Fed Sets Limits on Biggest Banks' Loans to Each Other
The Federal Reserve has set limits aimed at addressing one of the leading causes of the 2008 financial crisis — the buildup of loans extended by one bank to another among the biggest Wall Street institutions.
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US Long-Term Mortgage Rates Jump; 30-Year at 4.62 Percent
Long-term U.S. mortgage rates jumped this week after two straight weeks of declines, reaching their second-highest level this year.
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Creating Liquidity for Shareholders (Robert T. Smith Commentary)
Attorney Robert T. Smith discusses common alternatives used by privately held banks as well as nonfinancial companies to create liquidity for shareholders.
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FBT Bank & Mortgage Hires Three in Jefferson County (Movers & Shakers)
Joni Alexander, Ricky Ferguson and Shannon Robinson have been hired to serve two Jefferson County FBT Bank & Mortgage locations.
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Doggett NLR Purchase Closes at $12.8 Million (Real Deals)
Doggett Properties Arkansas LR LLC, an affiliate of Leslie Doggett Industries of Houston, Texas, acquired the 87,531-SF Truck Centers of Arkansas complex at 11700 Valentine Road.
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Springdale Hopes to Maintain New Momentum Downtown
Springdale hopes to build on recent efforts to reinvigorate its downtown.
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