Fed: Healthy US Economy Failed to Narrow Racial Gaps in 2019
The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, a...
View ArticleKelley Commercial Partners Hires Bill Puddephatt
Kelley Commercial Partners has added Bill Puddephatt to its brokerage and leasing team.
View ArticleEconomy Plunges 31.4% in Spring But Big Rebound Expected
The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending.
View ArticleMore Americans Sign Contracts to Buy Homes in August
More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall.
View ArticleArkansas Capital Corp. Nets $520K Grant
The United States Department of Treasury has awarded a $520,000 grant to Arkansas Capital Corp. of Little Rock, a regional, nonprofit Community Development Financial Institution.
View ArticleAugust Construction Spending Up 1.4%, Led by Home Building
U.S. construction spending increased 1.4% in August, led by a surge in single-family homes.
View ArticleUpdate: In Arkansas, Bankers Grow Frustrated Awaiting PPP Loan Forgiveness
Arkansas bankers who fronted money to thousands of businesses participating in the Payment Protection Program now say they are frustrated by the federal government's failure to repay the forgivable...
View ArticleBaker Advances at Citizens Bank (Movers & Shakers)
Josh Baker has been promoted to city president for Citizens Bank in Hot Springs.
View ArticleLR Firm’s New Contract for Telling UAPB Story
Vice Chancellor Braque Talley of the University of Arkansas at Pine Bluff knows well that teenagers don’t watch TV or turn on the car radio as their parents and grandparents do.
View ArticleSimmons Bank Donates $1M to Build Veterans Office in Pine Bluff
Simmons Bank donates $1 million to support construction of the new Dr. Josetta Wilkins Jefferson County Health Unit and the Sergeant Elga Lee Roberts Jefferson County Veterans Services Office in Pine...
View ArticleFed's Powell: Lack of Further Stimulus Imperils Recovery
Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell...
View ArticleArmor Bank Buying Marianna Branch from Farmers and Merchants
Armor Bank of Forrest City announced Tuesday that it will acquire a branch in Marianna from Farmers and Merchants Bank of Stuttgart.
View ArticleVideo: Women Leaders Talk Pay Equity, Career Moves at Women's Leadership Event
Kristi Crum, Laura Landreaux, Jean Block and Lori Burrows discuss career transitions, pay equity, work-life balance, diversity and more during the Women’s Leadership Symposium.
View ArticleSBA Releases Simpler Application for Smaller PPP Loans
The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less.
View ArticleDiamond Bank Names Ward Russellville President (Movers & Shakers)
David Ward has been promoted to Russellville market president by Diamond Bank of Murfreesboro.
View ArticleArkansas Unemployment: Metro vs. Rural Areas
The unemployment rate in Arkansas moved up slightly in August, to 7.4%, as it did in six of the state’s eight metro areas. Only Fort Smith and Texarkana posted declines between July and August.
View ArticleWhat Has COVID-19 Unmasked in Your Business? (Michael Collins Commentary)
As COVID-19 continues to impact our society, it’s easy for daily business obligations to blind owners to the importance of evaluating their operation in light of the ongoing social and economic...
View ArticleIMF Sees Sharp 4.4% Drop in Global Growth for 2020
The International Monetary Fund foresees a steep fall in international growth this year — the worst annual plunge since the Great Depression of the 1930s.
View ArticleCompanies Show Off Fintech Ideas at Demo Day
FIS of Jacksonville, Florida, formed a new office this year to “further accelerate innovation and growth” for the company, CEO Gary Norcross announced Wednesday during the virtual 2020 FIS Fintech...
View ArticleHome BancShares 3Q Earnings Down 5%
Home BancShares Inc. of Conway reports third-quarter net income of $69.3 million, down about 5% from the same quarter last year.
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