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Content Tagged As economy

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  • Baton Rouge stores closing as The Limited shuts down for good

    January 4, 2017 2:57 PM

    BATON ROUGE – The Limited, a national clothing store for women, appears to be closing its entire business and its local stores will shutdown soon, sources confirmed to WBRZ Wednesday. There are two stores in Baton Rouge- one at the Mall of Louisiana and another at Cortana. Both locations... more »
  • US construction spending hits highest level in 10 years

    January 3, 2017 12:41 PM

    WASHINGTON - U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. The Commerce Department says construction spending rose 0.9 percent in November after a 0.6 percent increase in October. The increase reflected solid gains... more »
  • Baton Rouge airport hopes to land Southwest airlines

    December 16, 2016 2:10 PM

    BATON ROUGE – Airport officials said they are trying to woo Southwest Airlines but stopped short of saying there's a deal in place to get one of the country's most popular airlines to land commercial flights in Baton Rouge. The interim director of the airport said at a discussion... more »
  • Survey: US businesses add 216,000 jobs, most in 5 months

    November 30, 2016 9:39 AM

    WASHINGTON - U.S. companies added a solid 216,000 jobs in November, the most since June and evidence that the incoming Trump administration is inheriting a solid economy. Payroll provider ADP says nearly all the gains occurred in service sectors such as retail, hotels and restaurants, as well as higher-paying professional... more »
  • UK Treasury chief: Brexit uncertainty could drag on economy

    November 20, 2016 11:42 AM

    LONDON - Britain's Treasury chief says the economy could face a slowdown because of the uncertainty caused by the U.K.'s decision to leave the European Union. Philip Hammond said Sunday that "we're going to have an unprecedented level of uncertainty, and that's one of the factors causing many commentators to... more »
  • Traffic, not crime, worries businesses most in Baton Rouge

    November 17, 2016 11:42 AM

    BATON ROUGE – The region could add as many as 6,000 new jobs next year, but new businesses are wary of traffic effecting bottom lines a report by the area chamber of commerce suggested. The Baton Rouge Area Chamber, the region's business promotions and economic development organization, released its... more »
  • Quacked out; 'Duck Dynasty' to end after current season

    November 17, 2016 10:06 AM

    WEST MONROE - "Duck Dynasty," the hit TV show based on a northeast Louisiana family-run duck call business will end at the end of the current season, it's eleventh on TV. The announcement was made as the season started Wednesday evening. The show is shown on A&E, a cable... more »
  • Flooded Juban Crossing dry and ready for holiday rush Play Video

    November 15, 2016 6:02 PM

    DENHAM SPRINGS - Just in time for the holiday shopping rush, Juban Crossing expects 80% of flooded stores to be reopened by Black Friday. Even more good news - stores need workers. Ahead of the shopping season, some businesses are looking for extra help to get the stores ready... more »
  • Economist: Louisiana job numbers down, hitting state coffers

    November 10, 2016 4:01 PM

    BATON ROUGE - Louisiana's $315 million deficit from last year was mainly driven by continuing dips in private sector employment that are driving down personal income and business tax collections. That's the grim assessment delivered Thursday to the state's income forecasting panel, the Revenue Estimating Conference. The Legislature's chief economist,... more »
  • Trump win could be a win for La. printing company

    November 9, 2016 4:09 PM

    LAFAYETTE - The Trump victory may likely be a win for Louisiana-based Ace Specialties; the local company that's made millions of dollars from orders of Trump merchandise. Ace Specialties , located in Lafayette, provided T-shirts and hats with the now iconic catch phrase "Make American Great Again" to the... more »
  • Oversize load to slow traffic on the Westside for the next week

    October 25, 2016 10:29 PM

    PLAQUEMINE- Westside drivers are in for some delays due to wide loads being moved through Plaquemine for the next week. Oversized vessels will be transported from a shipyard across from the Iberville Parish Multipurpose Center on Bayou Road the Shintech Plaquemine facility off Highway 1 south of the city.... more »
  • La. now connected to Europe via non-stop flights between NOLA, London

    October 20, 2016 10:33 AM

    NEW ORLEANS - Non-stop flights from Louisiana to London will begin by the end of the first quarter of 2017, British Airways announced at the state's largest airport Thursday morning. A four year courtship finally took off as the airliner announced flights between New Orleans' Armstrong Airport and London's... more »
  • Jobs and workers drop in Louisiana, but jobless rate level remains

    September 20, 2016 11:54 AM

    NEW ORLEANS - Louisiana's economy lost more jobs in August, though the unemployment rate stayed flat because workers exited the economy just as quickly. Employer payrolls fell by 7,000 in August to 1.97 million after months of stability. Used by many economists as their top labor market indicator, payrolls were... more »
  • Two hits for farmers mean strawberries could cost more this season

    September 7, 2016 6:00 PM

    PONCHATOULA - The Louisiana Strawberry was hit hard by two floods in 2016 and it could mean higher prices for the popular fruit in the coming months. "They've had a significant.. loss," Ag Commissioner Mike Strain said. " [ Tangipahoa ] is the center of strawberry production," he said,... more »
  • Macy's to close around 100 stores as profits decline

    August 11, 2016 9:26 AM

    Macy’s has announced plans to close around 15 percent of its department stores as the chain continues its efforts to adjust to shifting consumer preferences. There's no word yet concerning the Mall of Louisiana location because Macy’s has yet to disclose which specific stores will be closing, but most... more »
  • Trump proposes 15 percent cap on business taxes

    August 8, 2016 11:23 AM

    WASHINGTON - Donald Trump is overhauling the income tax proposal he unveiled during the Republican primary and increasing the amount that would be paid by the highest-income earners. Trump says in an economic speech in Detroit that he wants to simplify the tax code to three brackets: 12 percent, 25... more »
  • University of New Orleans touts economic impact

    June 18, 2016 3:21 PM

    NEW ORLEANS - At a time when state government budget problems make future funding for college campuses uncertain, the University of New Orleans is making the case for its importance to the New Orleans area economy. The university has released an analysis by its Division of Business and Economic Research... more »
  • US hiring falls to worst in 5 years; rate drops to 4.7 pct.

    June 3, 2016 9:03 AM

    WASHINGTON - U.S. hiring plunged in May to its lowest level in more than 5 years, a sign that employers turned cautious after the economy barely expanded in the first three months of the year. The Labor Department says employers added just 38,000 jobs last month, the fewest since September... more »
  • US consumer sentiment jumps in May to highest in year

    May 27, 2016 10:30 AM

    WASHINGTON - Americans turned more optimistic about the economy in May than the previous month, buoyed by low interest rates on home and car purchases. The University of Michigan says its index of consumer sentiment rose to 94.7 in May, the highest in nearly a year. That's up from... more »
  • Obama looks to boost economic, security ties in Asia

    May 22, 2016 4:59 PM

    WASHINGTON - President Barack Obama on Sunday heads to Vietnam and Japan intent on building stronger economic and security ties with Asian-Pacific allies anxious about the rise of an increasingly muscular China. That forward-looking message will be delivered even as Obama confronts the legacies of two wars long past -... more »
  • Poll: Americans more upbeat about own finances than economy

    May 18, 2016 8:33 AM

    WASHINGTON - A new poll finds that Americans feel a whole lot better about their own situations than the economy as a whole in this election year. The Associated Press-NORC Center for Public Affairs Research poll finds just 42 percent of adults consider the U.S. economy to be good while... more »
  • US industrial production jumps by most since November 2014

    May 17, 2016 3:44 AM

    WASHINGTON - The Federal Reserve says U.S. industrial production in April posted the biggest increase since November 2014 as utility output surged. Industrial output - which includes factories, mines and utilities - rose 0.7 percent from March. It had dropped the previous two months. Driving the climb was utility production,... more »
  • Claims for jobless aid reach highest level since early 2015

    May 12, 2016 9:14 AM

    WASHINGTON - The Labor Department says the number of Americans applying for unemployment benefits rose last week to the highest level since February 2015, more sobering news for the labor market after a disappointing April jobs report. Applications for jobless aid rose by 20,000 to a seasonally adjusted 294,000. The... more »
  • Survey: Growth at US services firms strengthened in April

    May 4, 2016 10:30 AM

    WASHINGTON - A private survey says growth accelerated in April at U.S. services companies. The Institute for Supply Management's services index climbed to 55.7 in April, the highest level this year. The increase follows a reading of 54.5 in March. Any level above 50 signals growth. Business activity,... more »
  • Survey: US businesses add jobs at slowest pace in 3 years

    May 4, 2016 9:23 AM

    WASHINGTON - U.S. companies added jobs at the slowest pace in three years in April, a private survey found, a sign that slower growth and volatile financial markets could weigh on hiring. Payroll processor ADP says that businesses added 156,000 jobs in April, down from 194,000 in March. Manufacturers shed... more »
  • La. can't open its front doors Play Video

    May 3, 2016 7:37 PM

    BATON ROUGE- Lawmakers and building maintenance officials maintain the long-lasting closure of the state capitol's main entrance has less to do with state budget problems and more to do with other priorities. May 16th marks the 84th anniversary of the dedication of the building and a few weeks later,... more »
  • Request to spend more on pump stations not unusual, officials say

    April 27, 2016 4:17 PM

    BATON ROUGE - Despite asking city leaders to approve a four-percent increase in cost and nearly a year of additional work, engineers of the city's $1.2 billion sewer upgrade say the project is on budget and on time. Wednesday, the SSO asked the Metro Council to approve spending $859,659... more »
  • Renting in Baton Rouge could become cheaper soon Play Video

    April 21, 2016 2:08 PM

    BATON ROUGE - Sky-high rent could be falling for many people sometime this year, industry insiders suspect after looking into the number of apartments coming on the market. More than one-thousand new units are on the market, and Craig Davenport of Cook Moore and Associates said in presentation Thursday,... more »
  • US applications for jobless aid fall to four-decade low

    April 21, 2016 12:11 PM

    WASHINGTON - The number of Americans seeking unemployment benefits fell to a four-decade low last week, a sign that employers are unconcerned about weak economic growth in the first three months of 2016. The Labor Department says weekly applications for jobless benefits declined to a seasonally adjusted 247,000, the lowest... more »
  • Mayor Holden nixes north Baton Rouge development idea Play Video

    April 20, 2016 5:11 PM

    BATON ROUGE - The mayor vetoed a proposal to create an economic development district in north Baton Rouge. Mayor Kip Holden denied the request Wednesday, citing vague language in how the development district would be organized and concern over the state's budget. Previously, the Metro Council unanimously approved the... more »
  • Shell to move some jobs from New Orleans to Houston

    April 19, 2016 4:38 AM

    NEW ORLEANS- Shell says it plans to move some jobs from New Orleans to Houston as part of plans to cut its global workforce. The company said that relocations this year would affect less than 5 percent of its New Orleans workforce. The oil company has about 1,900 workers based... more »
  • US homebuilder sentiment held steady in April

    April 18, 2016 9:54 AM

    U.S. homebuilders' confidence held steady in April, reflecting an overall optimistic outlook in the market for new homes even as a gauge of current sales fell slightly. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday was unchanged at 58. It hasn't budged in three months.... more »
  • Financial markets are calmer, but world economy faces risks

    April 16, 2016 3:25 PM

    WASHINGTON - The world economy is still sluggish. But at least markets are calmer and China's economic problems look more manageable than they did the last time the world's top finance officials met back in February. Finance ministers and central bankers from the Group of 20 major economies emerged from... more »
  • Crime analyst: Recent crime crept into comfortable areas

    April 12, 2016 7:42 PM

    BATON ROUGE - Gun violence has been the talk of the town in the state's two largest cities since shootings this weekend. In Baton Rouge, two Southern students were killed in a triple shooting. The case is still under investigation. Tuesday, the WBRZ Investigative Unit reported detectives were working... more »
  • LSU President warns current students they could lose TOPS under governor's proposed cuts Play Video

    April 12, 2016 10:33 AM

    BATON ROUGE - Healthcare and TOPS took the brunt of the cuts in the governor's proposed budget cutbacks presented to the legislature Tuesday. Here's most the cuts that matter #lalege pic.twitter.com/EShyf63key — Mark Armstrong (@TV_MarkA) April 12, 2016 Governor John Bel Edwards and his budget advisers... more »
  • New website geared to help unemployed oil workers

    April 12, 2016 8:26 AM

    LAFAYETTE- State and local agencies have developed a website to connect the unemployed and underemployed from the battered energy sector to jobs and training for the now-hiring petrochemical and liquid natural gas plants in Louisiana. AcadianaOpportunity.com was unveiled Monday, a website through which the unemployed can connect to jobs and,... more »
  • Bryan Adams cancels Mississippi show, citing state's new law

    April 11, 2016 4:31 AM

    BILOXI, MS.- Canadian rocker Bryan Adams is canceling a performance this week in Mississippi, citing the state's new law that allows religious groups and some private businesses to refuse service to gay couples. Adams said in a statement Sunday night that he was canceling a show Thursday at the Mississippi... more »
  • In Ponchatoula this weekend, it's a strawberry celebration

    April 8, 2016 11:29 AM

    PONCHATOULA - This quiet small town becomes one of the state's largest cities this weekend, as more than a quarter-of-a-million people converge on southern Tangipahoa Parish for the annual Strawberry Festival. Billed as the state's largest free festival, festival-goers will be welcomed with strawberries of all shapes and sizes... more »
  • BRCC to host job expo for students

    April 7, 2016 10:26 AM

    BATON ROUGE- A local community college is helping students figure out what they want to do before entering the job market. Baton Rouge Community College is hosting it's annual Career Day on Thursday. All current and former BRCC students are invited to the event which will feature several local businesses.... more »
  • BR locations of Hancock Fabrics to close, part of corporate shutdown

    April 1, 2016 3:39 PM

    BATON ROUGE - The two locations of Hancock Fabrics in the capital area will close as the fabrics and crafts chain shutters all of its stores. There are six locations scattered between Baton Rouge, New Orleans and Houma. All will close, the Associated Press reported Friday. There are 185... more »
  • Developers sought for Gov't Street power plant site; construction is a year away

    March 31, 2016 4:43 PM

    BATON ROUGE - The Redevelopment Authority has started soliciting plans from developers about what to do with a Mid City eyesore: the old electricity facility on Government Street. “ The redevelopment of this property has the potential to serve as a gateway linking to downtown, which is experiencing a... more »
  • Two schools close as area deals with losses due to oil price free fall

    March 28, 2016 12:42 PM

    MORGAN CITY - An elementary school in this onetime oil rich St. Mary Parish city will close because of a significant loss in sales taxes. M.D. Shannon Elementary is one of two schools slated for closure recently. The other, J.A. Hernandez Elementary in Franklin, will also close its doors.... more »
  • How do they make those Gold Brick Eggs? Play Video

    March 25, 2016 6:16 PM

    PONCHATOULA - Just in time for Easter, relive the exclusive tour inside Elmer Chocolate in Tangipahoa Parish. In 2013, WBRZ got a rare opportunity to go inside the facility in downtown where candy is made and shipped. Outside of Valentine’s Day, candy for Easter is a huge seller for... more »
  • Developers want to build 18-story apartment overlooking LSU's Old Front Nine

    March 22, 2016 7:39 PM

    BATON ROUGE - Developers are proposing an 18-story apartment complex south of LSU. The off-campus development would have about 455 units and sit on nearly five-and-a-half acres at the intersection of Nicholson and Burbank. The development, called Summit at Southgate, would be built behind the already existing Southgate Towers... more »
  • EBR Public Defender's office is going broke Play Video

    March 21, 2016 8:54 AM

    BATON ROUGE- There could be no public defenders in Baton Rouge by the summer, an audit released Monday found. The state may not have enough money to keep the public defender's office handling cases in East Baton Rouge Parish open past June 30th. Already, public defenders said they're entering... more »
  • Baton Rouge council to take up smoking ban

    March 18, 2016 11:02 AM

    BATON ROUGE- An ordinance that would ban smoking in Baton Rouge's casinos and bars is finally headed to the East Baton Rouge Parish Metro Council. The council should vote on the ordinance in April, and it already has five of the seven votes it will need to pass. While... more »
  • Applications for jobless aid rise but stay at healthy level

    March 17, 2016 1:19 PM

    WASHINGTON - More Americans applied for unemployment benefits last week, but their numbers remained at low levels consistent with a healthy job market. The Labor Department says the number of people seeking jobless aid rose by 7,000 to a seasonally adjusted 265,000. The less-volatile four-week average rose by 750 to... more »
  • US current account trade deficit hits $484.1 billion in 2015

    March 17, 2016 8:56 AM

    WASHINGTON- The deficit in the broadest measure of U.S. trade declined slightly in the final three months of 2015, but for the entire year the deficit jumped to the highest level in seven years. The Commerce Department says the deficit in the current account narrowed to $125.3 billion in the... more »
  • State supreme court justice: Public defender system going broke Play Video

    March 15, 2016 7:39 PM

    BATON ROUGE - The head of the Louisiana Supreme Court told lawmakers the court is concerned about financing for the public defender system for the poor. Chief Justice Bernette Johnson says public defenders in 33 of the state's 42 judicial districts have restricted services, and half of the offices... more »
  • Noranda alumina plant keeps workers; holds off on possible layoffs until May

    March 15, 2016 4:42 PM

    GRAMERCY - The alumina plant here is hoping to stay open by relying on changes to its operation model but Noranda executives said if changes do not work the company could temporarily close the plant in May. Already, Noranda had announced plans to layoff workers this week but the... more »
  • New Millerville development to feature TX-based Buc-ee's

    March 9, 2016 12:22 PM

    BATON ROUGE - Buc-ee's, the behemoth gas station and shopping center with a cult following, will open its first location outside of Texas at a new development at the intersection of I-12 and Millerville. Frequent travelers of I-10 in Texas know Buc-ee's: a 50,000 to 60,000 square foot store... more »
  • Who will pay? A look at tax bills approved by lawmakers

    March 9, 2016 9:56 AM

    BATON ROUGE- Louisiana's lawmakers are wrapping up work Wednesday in a special legislative session aimed at balancing this year's budget, with decisions on several tax proposals that could help drum up more money for the state treasury still pending. Here's what passed and what's still pending in the final hours:... more »
  • Sentencing day in 'Hollywood South' tax credit trial

    March 9, 2016 6:13 AM

    NEW ORLEANS- Sentencing time is near for two people convicted last year in a fraud case stemming from the state tax credit program often touted for turning Louisiana into "Hollywood South." Husband-and-wife film producers Peter Hoffman and Susan Hoffman face sentencing Wednesday. Prosecutors said the Hoffmans were part of a... more »
  • Obama cheers economy as 'pretty darn great'

    March 4, 2016 1:56 PM

    WASHINGTON - President Barack Obama says Republicans may be making "doomsday" claims about the economy, but he has another take: "America's pretty darn great right now." Obama delivered his glowing assessment of the economy on Friday as a new Labor Department report showed another strong month for job growth.... more »
  • US sanctions North Koreans for missile, nuclear programs

    March 2, 2016 11:49 AM

    WASHINGTON - The United States is sanctioning a dozen individuals and five organizations tied to North Korea's nuclear and weapons proliferation efforts. The actions taken Wednesday by the Treasury and State departments complement actions taken by the United Nations and are aimed at holding Pyongyang responsible for its illicit pursuit... more »
  • Tom Benson keeps getting richer

    March 1, 2016 3:24 PM

    NEW ORLEANS - The state's richest man just keeps getting richer. Tom Benson climbed almost 200 places to become the 810th richest person in the world, Forbes reported in its annual "World's Billionaires" listing . Benson is the 288th richest person in the United States. The magazine reported... more »
  • Buffett: US economy better than presidential hopefuls say

    February 27, 2016 4:31 PM

    OMAHA - Investor Warren Buffett says the United States' economy is in better shape than the presidential candidates make it seem. Buffett said Saturday in his annual letter to Berkshire Hathaway shareholders that any baby born in the country today will live better than their parents, even with the current... more »
  • In victory lap, Obama says US better off than 7 years ago

    February 26, 2016 3:36 PM

    JACKSONVILLE - President Barack Obama says anyone who says the U.S. isn't better off than it was seven years ago isn't telling the truth. Obama is taking a victory lap on the economy in Jacksonville, Florida. He's promoting the benefits of the $760 billion economic stimulus bill he signed shortly... more »
  • Kohl's will announce locations of 18 closures in a month

    February 26, 2016 10:25 AM

    MENOMONEE FALLS, Wis. - Kohl’s will close 18 under performing stores this year the company announced this week. Specific locations to be closed won't be announced until the end of March, the company said in a news release about the closure. Kohl's said the closures will save the company... more »
  • Promoting economic development for La., group seeks to end Cuban embargo

    February 25, 2016 2:14 PM

    BATON ROUGE - A grassroots effort to lift the trade embargo with Cuba took off in Louisiana Thursday. Engage Cuba revealed it has established a Louisiana coalition. More than 30 business and government leaders are part of the group, including Louisiana Department of Agriculture and Forestry Commissioner Mike Strain... more »
  • US home sales climbed in January despite weaker economy

    February 23, 2016 10:14 AM

    WASHINGTON - U.S. home sales crept upward in January, a sign that demand for housing remains strong amid signs of slower growth across the broader economy. The National Association of Realtors says sales of existing homes rose 0.4 percent last month to a seasonally adjusted annual rate of 5.47 million.... more »
  • US economy growing but faces international headwinds

    February 22, 2016 11:03 AM

    WASHINGTON - A report from the president's economic advisers says more Americans gained work and experienced pay raises last year. But it says the United States faced global headwinds that will continue this year. The annual report from the president's Council of Economic Advisers makes recommendations to reduce income... more »
  • Town hall to address north Baton Rouge issues Play Video

    February 18, 2016 11:37 PM

    BATON ROUGE - Metro Councilwoman Chauna Banks hosted a town hall meeting Thursday to talk about improving the economic well-being of north Baton Rouge. The meeting was moderated by Gary Chambers, co-owner of The Rouge Collection. Town hall panelists include Sen. Regina Barrow, Adam Knapp of the Baton Rouge... more »
  • Louisiana's current budget woes mirror 1988 financial gaps

    February 11, 2016 8:38 AM

    BATON ROUGE- As Gov. John Bel Edwards struggles to stabilize Louisiana's finances, the troubles mirror the deep budget difficulties the state faced 28 years ago. Long-timers at the Louisiana Capitol equate today's financial woes with similar problems Gov. Buddy Roemer inherited when he took office in March 1988. He had... more »
  • State economist: La. entering recession Play Video

    February 10, 2016 11:24 AM

    BATON ROUGE - The economic outlook of the state took a dramatic, somber turn Wednesday morning when revenue estimators met at the capitol. The deficit for the current fiscal year grew to almost $1 billion. It had hovered around $750 million until Wednesday. The fiscal year ends at the... more »
  • Louisiana state revenue forecasts to be revised Wednesday

    February 10, 2016 6:01 AM

    BATON ROUGE- Louisiana's income forecasting panel will soon set the official number for this year's budget deficit and next year's financial shortfall. The figures set Wednesday by the Revenue Estimating Conference will be the basis for tax negotiations in the upcoming special legislative session. The revised forecasts are expected to... more »
  • President Barack Obama takes victory lap on economy

    February 5, 2016 1:58 PM

    WASHINGTON - President Barack Obama is using new jobs numbers to take a victory lap on the economy. Obama says the U.S. has "the strongest, most durable economy in the world." He pointed to wage and income growth, job growth, lower oil prices and increasing health insurance as evidence of... more »
  • Chevron expected to cut hundreds of jobs in Covington and Lafayette

    February 5, 2016 10:50 AM

    BATON ROUGE- Chevron North America issued a Worker Adjustment and Retraining Notification (WARN) Friday, announcing possible layouts at five of their offices in Covington and Lafayette. In a news release sent out today, the company said it's refocusing its efforts on increasing its efficiency and cutting costs due to the... more »
  • Edwards to outline parameters Friday for special session

    February 5, 2016 4:55 AM

    BATON ROUGE- Gov. John Bel Edwards is readying to release his outline for a special legislative session he is calling to stabilize Louisiana's finances. The Democratic governor said he intends to issue the executive order Friday, setting the dates and parameters for the session to begin Feb. 14. Edwards says... more »
  • Over 1 million face loss of food aid over work requirements

    January 30, 2016 2:53 PM

    JEFFERSON CITY, Mo. - More than 1 million low-income residents in 21 states could soon lose their government food stamps if they fail to meet work requirements that began kicking in this month. The rule change in the federal Supplemental Nutrition Assistance Program was triggered by the improving economy -... more »
  • Report says nearly half of La. residents struggle to make ends meet

    January 27, 2016 2:14 PM

    BATON ROUGE - A new report from the United Way says nearly half of the people living in Baton Rouge, along with 40 percent of homes in Louisiana, are hovering in an area where they're not quite in abject poverty but not quite able to keep their heads above water... more »
  • Southern releases midyear budget cut details

    January 25, 2016 10:02 PM

    BATON ROUGE - In a plan released Monday night, Southern said worst-case-scenario budget cuts could effectively close the institution. Because of the dire budget situation in Louisiana, Governor John Bel Edwards has asked state colleges and universities to submit proposals on cutting spending. The state currently faces a $750... more »
  • Initial unemployment claims in Louisiana fall

    January 22, 2016 12:39 PM

    BATON ROUGE - First-time claims for unemployment insurance in Louisiana for the week ending Jan. 16 decreased from the previous week's total. The state labor department figures released Friday show the initial claims fell to 3,485 from the previous week's total of 4,203. For the comparable week a year... more »
  • Stocks routed again as oil slide seems bottomless

    January 20, 2016 11:34 AM

    NEW YORK - Energy stocks are leading another sell-off on Wall Street as the price of oil continues to plunge. U.S. crude dropped 2 percent to just under $28 a barrel in New York early Wednesday. Dropping energy prices is a sign that the global economy is slowing down. Oil... more »
  • Gas prices falling to record lows Play Video

    January 18, 2016 11:07 PM

    BATON ROUGE - Fuel prices could drop to pre-Katrina levels by the end of the week. Prices at the pump fell as the trading price of a barrel of crude continued to drop. With an already large supply, the amount of crude on the market will thicken as Iran... more »
  • President Obama greets excited crowd in Baton Rouge Play Video

    January 14, 2016 9:00 AM

    BATON ROUGE - A crowd of hundreds greeted President Barack Obama with cheers and shouts as he entered McKinley High School Thursday, and the president responded with "Geaux Tigers!" The president was introduced by Che'dra Joseph , McKinley High School's Student of the Year. The school gym where Obama's... more »

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