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Walmart Offering Financial Tools, Fintech Plans

Walmart insists it doesn’t want to be a bank, but it’s surely acting like one.

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Cryptocurrency Market Gaining Acceptance

More businesses around the world are accepting cryptocurrency — or digital money — as payment, more people are using ATMs that dispense one of its best-known forms, and more of those people are baby...

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Banner Profits for AFCU Accompany Long-Planned HQ Move

Arkansas Federal Credit Union is poised to move its headquarters from Jacksonville to Little Rock amid its most profitable season since its 1956 launch.

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Pandemic Recession Ended in April 2020, Shortest on Record

The U.S. economy reached a peak in February 2020, the National Bureau of Economic Research says. The recession began the following month and ended in April.

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Leadership Academy to Feature Sam's Club Exec, UA Athletics Director

Megan Crozier, chief merchant for Sam's Club, and University of Arkansas Vice Chancellor for Athletics Hunter Yurachek are among the featured speakers for the fall Arkansas Business Executive...

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Existing U.S. Home Sales Rose in June; Prices Hit New Highs

Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs.

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JPMorgan Chase Bank Opens Its 1st Arkansas Branch

JPMorgan Chase Bank of Columbus, Ohio, marks the grand opening of the first of four planned Arkansas branches.

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Bank OZK Q2 Profit Beats Expectations

Bank OZK of Little Rock reports second-quarter net income of $150.5 million, up nearly 200% from the same quarter last year.

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I’ll Miss You When I’m Gone (Gwen Moritz Editor's Note)

The best thing about being a journalist is being paid to learn stuff, and the best thing about working on Arkansas Business has been learning about so many different industries, each with its own nuances.

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Richard Joins First Community Bank (Movers & Shakers)

Dillon Richard has been hired as assistant vice president, commercial loan officer and credit analyst at First Community Bank of Batesville.

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Walmart Reigns in Net Income, Executive Pay

Walmart Inc. rules Arkansas Business’ annual lists of the state’s public companies and how much their executives are paid, and it’s hard to imagine a time when that won’t be true — especially as the...

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‘Friendly’ Fintech BankLabs Helps With Lending

BankLabs of Little Rock will graduate from this year’s FIS Fintech Accelerator in August as it adds employees and works on a new software product designed to automate agricultural lending for banks.

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Sales of New Homes Fall 6.6% in June

Sales of new homes fell for a third straight month in June, dropping by 6.6%. to the lowest level in more than a year.

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I’ll Miss You When I’m Gone (Gwen Moritz Editor's Note)

The best thing about being a journalist is being paid to learn stuff, and the best thing about working on Arkansas Business has been learning about so many different industries, each with its own nuances.

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Simmons First Q2 Profit Beats Wall Street Expectations

Simmons First National Corp. of Pine Bluff reports second-quarter net income of $74.9 million, up 27% from the same quarter last year.

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U.S. Economy Surpasses Pre-Pandemic Size With 6.5% Q2 Growth

The U.S. economy contracted by a slightly smaller amount last year than previously reported and grew slightly more in 2019 and slightly less in 2018.

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U.S. Consumers Boost Spending 1% As Inflation Remains High

American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of...

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DiNicolantonio Joins Simmons as EVP (Movers & Shakers)

Joe DiNicolantonio has been named executive vice president and head of consumer and business banking at Simmons Bank in Little Rock.

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22 Years and Change (Lance Turner Editor's Note)

The tools will change but not our mission of providing meaningful content that our business audience can’t get anywhere else.

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Bank of America Plaza Awaits Reimagination

The third-tallest building on Little Rock’s skyline remains an investment puzzle awaiting a solution before new ownership enters the picture.

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