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FDIC Fines Bank of England Nearly $130K for 'Deceptive' Loan Claims

The Arkansas-based mortgage lender waived its right to a hearing on the matter.

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Powell Says Omicron Clouds Inflation, Economic Outlook

He said the new variant could worsen supply chain disruptions.

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Nominees Announced for 34th Arkansas Business of the Year Awards

Finalists and winners in each category will be celebrated March 9 at the DoubleTree in Little Rock.

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Powell Says Fed May Accelerate Pullback in Economic Support

It could put the central bank on a path to begin raising its key short-term rate as early as the first half of next year.

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Former Craighead County Clerk Gets 10 Years For Embezzlement

Jacob "Kade" Holliday still faces federal charges in another case.

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Arkansas Governor to Call Special Session on Tax Cut Plan

The primary focus will be on a tax cut package that calls for reducing the state's top income tax rate from 5.9% to 4.9%

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Independent Community Bankers of America, Venture Center Name 2022...

The program will kick off with a Jan. 11 event.

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Powell: Fed 'Not At All Sure' Inflation Will Fade Next Year

"Inflation has been more persistent and higher than we've expected," he told a House panel.

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Banker Jerry Morgan Appointed to ASU System Board of Trustees

He'll fill the the remaining term of Dr. Tim Langford, who resigned in September.

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New Hires Made at Forge Inc. (Movers & Shakers)

Sandra Carrasco-Quezada, Bill Fox and Morgan Scholz have joined Forge Inc. of Huntsville, a nonprofit community loan fund.

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The Cost of Today (Craig Douglass On Consumers)

While the natural tendency toward inflation is to find someone to blame, it seems to us we should be a little more appreciative of the cause. (We certainly know the effect.)

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Survey: Business Economists Foresee Persistent Inflation

Two-thirds of the panelists said they think wage gains will keep inflation elevated over the next three years.

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Arkansas Lawmakers Meeting to Take Up Income Tax Cut Plan

The proposal calls for cutting Arkansas' top individual income tax rate from 5.9% to 4.9%.

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Arkansas Lawmakers Advance Income Tax Cut During Session

Legislative panels also endorsed incentives aimed at helping the state lure a U.S. Steel expansion in Mississippi County.

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Arkansas Lawmakers OK Income Tax Cuts, Adjourn Session

Critics argued that the cuts are skewed toward the wealthy and that the money would be better spent elsewhere.

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Average US Long-Term Mortgage Rates Hold Firm Another Week

Many economists expect U.S. interest rates to rise in coming months.

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Speakers, Date Set for Business Forecast Luncheon

David Altig, executive vice president of the Federal Reserve Bank in Atlanta, will give the national forecast.

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Arkansas Capital Hires Logan (Movers & Shakers)

Austin Logan of White Hall has joined Arkansas Capital Corp. of Little Rock as vice president of commercial lending.

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Unemployment Rates in Arkansas Reach Pre-Pandemic Levels

Just as unemployment fell statewide in October, to 3.7%, unemployment rates in all eight Arkansas metro areas also declined, with rates falling by 0.2 to 0.4 percentage points.

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Vision Technologies in Chapter 7

Vision Technologies Inc., the military-grade camera technology company in Rogers, filed for Chapter 7 liquidation last month, listing $2.6 million in debts and just $136,000 in assets.

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