Teslar Simplifying SBA Loans
Teslar Software of Springdale provided the software used to process more than 1.3 million — more than one-fifth — of the Paycheck Protection Program loan applications that received funding this year.
View ArticleCryptocurrency Scams Trap Arkansans
An Arkansan’s $500 investment in bitcoin ballooned to a purported $13,500 before it was revealed to be a scam.
View ArticleWoods Moves to Citizens Bank in Northwest Arkansas (Movers & Shakers)
Rob Woods has joined Citizens Bank of Batesville as city president for Bentonville and Rogers, where he will be based.
View ArticlePandemic’s Effects on Central Arkansas Jobs Varied
The COVID-19 pandemic hit job sectors in central Arkansas unevenly, Metroplan, the region’s planning area, reports.
View ArticleExisting Home Sales Rose in July, Inventory Ticked Higher
Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago, suggesting the red-hot housing market may be cooling a little.
View ArticleGet Tickets Now for the Women's Leadership Summit in Jonesboro
Arkansas Business is holding its second Women's Leadership Summit on Oct. 19 in Jonesboro, and tickets to the in-person and virtual event are available now.
View ArticleJuly Home Sales Up 1% As Prices Hit Unprecedented Levels
Sales of new homes rose a modest 1% in July after a string of declines as new home prices soar to record levels.
View Article$1.25M In Grants Available for Minority-Owned Businesses
Wells Fargo announced Monday that $1.25 million in grants are now available to help minority-owned small businesses manage the economic effects of COVID-19.
View ArticleMcLaurin Named Deputy Commissioner of State Securities Department
Campbell McLaurin is named deputy commissioner of the Arkansas Securities Department.
View ArticleU.S. Slightly Upgrades GDP Estimate for Last Quarter to 6.6%
The U.S. economy grew at a robust 6.6% annual rate last quarter, slightly faster than previously estimated, the government says in a report that points to a sustained consumer-led rebound from the...
View ArticlePowell: Fed on Track to Slow Aid for Economy Later This Year
The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell says, signaling the beginning of the end of the Fed’s...
View ArticleCompanies Pitch Fintech Products to Investors at Demo Day
Hundreds of investors, bankers and others interested in financial technology hear pitches from the 10 most recent graduates of the FIS Fintech Accelerator program.
View ArticleOZK Proxy Numbers Shift After Divorce
The number of shares owned by Bank OZK Chairman and CEO George Gleason changed after his 2020 divorce, according to company proxies.
View ArticleBanks in Fundraising Mode Raise Total of Nearly $18M
A pair of Arkansas banks recently completed fundraising activities that total more than $17 million.
View ArticleU.S. Home Prices Soar at Record Pace in June
U.S. home prices jumped by a record amount in June as homebuyers competed for a limited supply of available houses, the latest evidence that the housing market remains red-hot.
View ArticleReport: Housing Market Tightens, Prices Up in NW Arkansas
The average price of a home sold in Benton and Washington counties was $306,236, up 16.2% from the first half of 2020 when the price average was $263,461, according to the latest Skyline Report.
View ArticleSEC Penalizes Crews, Former CEO Harding for Conflict in Bond Deal
The U.S. Securities & Exchange Commission assesses a penalty against Crews & Associates of Little Rock and its former CEO, Rush F. Harding III, for "unfair dealing" in a West Virginia municipal...
View ArticleCorrection: $1.25M in Loans to be Available for Minority-Owned Businesses
Wells Fargo awards $1.25 million in grants to Communities Unlimited of Fayetteville and Southern Bancorp of Little Rock.
View ArticleAverage US Mortgage Rates Unchanged From Last Week, Remain Under 3%
Mortgage buyer Freddie Mac said that demand remains stable.
View ArticleUSDA Accepting Applications For Heirs’ Property Relending Program
A Farm Service Agency executive says the program will help improve access to other USDA programs and services.
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