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Fed Discussed Pulling Back on Bond Purchases Later This Year

Federal Reserve officials last month discussed the idea of beginning to dial back their extraordinary support for the U.S. economy later this year, though they stopped short of a firm decision on a...

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Remix, Forge Community Loan Fund Launch Microloan Program

ReMix Ideas of Little Rock partners with Forge Community Loan Fund of Huntsville to pilot a microloan program for entrepreneurs in Arkansas.

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Inc. Magazine Ranks 19 Arkansas Companies Among Fastest Growing

Inc. magazine has published its annual 5000 list of the country's fastest growing companies, and 19 companies in Arkansas made the cut.

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Arkansas Unemployment Drops to 4.3% in July

Arkansas' unemployment rate declined one-tenth of a percentage point to 4.3% from June to July, according to a report released Friday by the state Division of Workforce Services.

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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.

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Cryptocurrency Scams Trap Arkansans

An Arkansan’s $500 investment in bitcoin ballooned to a purported $13,500 before it was revealed to be a scam.

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Woods 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.

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Pandemic’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.

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Existing 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.

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Get 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.

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July 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.

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$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.

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McLaurin Named Deputy Commissioner of State Securities Department

Campbell McLaurin is named deputy commissioner of the Arkansas Securities Department.

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U.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...

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Powell: 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...

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Companies 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.

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OZK 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.

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Banks in Fundraising Mode Raise Total of Nearly $18M

A pair of Arkansas banks recently completed fundraising activities that total more than $17 million.

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U.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.

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Report: 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.

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