Arkansas Unemployment Drops to 4.2% in August
Nine major industry sectors including manufacturing and hospitality reported growth.
View ArticleGarver HQ in North Little Rock Sells for $13.2M (Real Deals)
An affiliate of National Asset Services of Los Angeles acquired the 4701 Northshore Drive project from an affiliate of Old House Capital in Dallas.
View ArticleBig Farm Subsidies Surge Is Crisis-Driven, Industry Says
Trade war repercussions with China and Trump administration spending to keep farmers solvent in a commodities price crash propelled federal farm subsidy payments in Arkansas to a record $828 million in...
View ArticleThe Village at Valley Ranch Sells for $10.7M
This week presents a quartet of million-dollar real estate transactions in Little Rock, redevelopment in North Little Rock and nine of Pulaski County's big construction projects.
View ArticleFed Likely to Signal a Coming Pullback in Economic Support
It would take something serious, such as a poor October jobs report, to knock the central bank off track, an economist says.
View ArticleCommercial Real Estate Absorption in Northwest Arkansas Highest Since 2012,...
One factor was a significant uptick in warehouse leasing.
View ArticleExisting US Home Sales Fell in August, Price Growth Slows
It's the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines.
View ArticleFed Foresees a Potential Rate Hike as Soon as Next Year
As economic recovery continues, high inflation has added to the pressure on the Fed to pull back its support.
View ArticleKendall Promoted at Arvest (Movers & Shakers)
Matt Kendall has been named president and CEO of Arvest Bank’s mortgage division and Arvest Central Mortgage Co. in Lowell.
View ArticleUS Net Wealth Distribution Rises
In the first quarter of 2021, the share of net wealth in the United States held by the top 10% rose slightly from the previous quarter to 69.8%
View ArticleCommunity First Sale Provides Payday
The $6 million sale of Community First Trust Co. to Farmers Bank & Trust of Magnolia was divided among more than two dozen shareholders.
View ArticleRIA That Lost Client Falls as Others Rise
The pandemic years have been good for registered investment advisors, with most of the top RIAs based in Arkansas posting increased assets under management since Arkansas Business’ last list of money...
View ArticleCommunity First Trust Attracts $6M Buyer
William Kerst Jr. wasn’t looking to sell Community First Trust Co. in 2021. But two years ago, events began pulling the president and CEO of the Hot Springs enterprise toward the possibility.
View ArticleHeights Home Foreclosed in Doctor Bankruptcy
Dr. Pittman Moore listed $1.67 million in assets and $2.99 million in debts in his March bankruptcy filing.
View Article$86.2M Judgment Awarded in Park Plaza Foreclosure
Pulaski County Circuit Judge Alice Gray awarded an $86.2 million judgment plus interest from July 1 to Deutsche Bank Trust Co. Americas against Park Plaza Mall CMBS LLC of Chattanooga, Tennessee.
View ArticleBusiness Economists Lower Growth Forecasts Due to Virus
The nation's business economists expect slower economic growth this year due to the widespread delta variant of the coronavirus.
View ArticleStephens Group's Alan Tedford Trades Up as Business Owner
Alan Tedford, CEO of Stephens Group Asset Management, looks to the firm’s fourth anniversary, devoted to fundamental values.
View ArticleRecord July Jump in US Home Prices, Sidelining More Buyers
Phoenix, San Diego and Seattle reported the biggest price increases.
View ArticleJohn McKeel Returns to Evolve Bank & Trust
He has 20 years of experience in the industry.
View ArticleSimmons Bank Buys Former Bank OZK Building in West Little Rock
The building, combined with Simmons' River Market office, is expected to help the bank meet office space needs as it continues growing.
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