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Channel: Banking & Finance - ArkansasBusiness.com

US Consumer Confidence Rises in November

The survey also showed that Americans' expectations of a recession in the next 12 months declined to the lowest level so far this year.

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Microlender Kiva Hits $1M Milestone in Northwest Arkansas

The nonprofit, which says it emphasizes "character over credit," offers funding opportunities to small business owners who may not qualify for traditional loans.

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Simmons First Names Daniel Hobbs as CFO

Simmons First National Corp. of Pine Bluff says Daniel Hobbs will join the company Monday as executive vice president and chief financial officer.

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Arkansas Business Announces Finalists for Innovation Pacesetter Award

The category honors startups or existing companies that are remaking an old industry or charting an entirely new course to create a new market.

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US Economic Growth for Last Quarter Revised Up to 5.2%

The government had previously estimated that the economy grew at a 4.9% annual rate last quarter.

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Average Long-Term US Mortgage Rate Falls to 7.22%

The latest decline brought the average rate on a 30-year mortgage down to 7.22% from 7.29% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%.

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SPONSORED: Consistency is Key: How to Use Branding to Prevent Fraud Loss

There’s one simple, fool-proof way to fight against these types of phishing attempts: consistent communication and branding from banks.

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Arlington Hotel Sees $30M Renovation

Taking on a long list of overdue chores for the 11-story structure with 20 separate roof lines presented a new challenge for the Texas owner Sky Capital Group, which purchased the 11-story hotel for $7...

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Arkansas Contractors Forecast Trends, Concerns

Business remains good for Arkansas’ commercial contractors, but high interest rates and costs cause concern.

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Dillard's Board Grants Special Dividend for Shareholders

That will mean a big payday for the family members who own shares of the department store chain.

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Tornado-Damaged Calais Apartments to Undergo $14M Renovation

Little Rock properties damaged in the March 31 tornado and new builds make up this week's million-dollar construction and real estate deals.

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Bitcoin Miner Wins a Round In DeWitt, but Fight Goes On

Locals in Dewitt are rallying opposition to the noisy bitcoin facility, even after Jones Digital LLC won a preliminary court ruling.

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Into the Future (Gwen Moritz Commentary)

Predicting the future may be as simple as recognizing typical patterns.

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3 Promoted at First Service Bank (Movers & Shakers)

Kasey Jaracz, Morgan Miller and Philip Shell have been promoted at First Service Bank of Greenbrier.

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Southern Bancorp Names Miguel Lopez Market Strategy Executive,...

Lopez previously was senior vice president, chief communications outreach officer at Encore Bank of Little Rock.

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Lower Mortgage Rates Next Year Unlikely to Entice 'Rate-Locked' Homeowners to...

That sets the stage for the housing market to remain constrained by a low supply of homes on the market, even if rates decline, economists say.

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State Tax Revenue Flat in November

Net available general revenue was $473.4 million, up $1.3 million, or 0.3%, from a year ago.

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Colony West Complex Moves in $7.5M Sale (Real Deals)

AndMark View at Breckenridge LLC purchased the 126-unit apartment complex in west Little Rock.

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US Job Openings Fall to Lowest Level Since March 2021 as Labor Market Cools

Layoffs were up modestly in October. And the number of Americans who quit their jobs – which generally reflects confidence in their ability to find better pay or working conditions elsewhere — was down...

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Big Bank CEOs Warn That New Regulations May Severely Impact Economy

The heads of the nation's biggest banks say there are reasons to be concerned about the health of U.S. consumers — particularly poor and low-income borrowers — in their annual appearance in front of...

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