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Arkansas' Median Household Income Rises Slightly

Median household income totaled $52,528 in Arkansas in 2021, an increase of 1.3% compared with 2019, according to the U.S. Census Bureau.

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Evolve Overtakes Simmons in Trust Assets

Stephens Inc. remains No. 1 on the annual lists of Arkansas’ largest broker-dealers and largest money managers, but Evolve takes the top spot in trust departments.

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Community First Trust's William Kerst to Lead Trust Department at Farmers Bank

Kerst is CEO and founder of the trust company, which has locations in Hot Springs, Hot Springs Village and Little Rock. But he also holds a new role leading the trust department of Farmers Bank &...

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IRS Raises Contribution Limits for Retirement Savings Plans

The changes, among others announced by the IRS Friday, make it easier for retirement savers who use these types of tax-advantaged plans to set aside more of their income toward building their nest egg.

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Simmons Reports Higher Revenue, Flat Income in Q3

Earnings per share fell to 63 cents but still surpassed Wall Street expectations.

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Record Number of Americans Have Bank Accounts, Gov't Says

The FDIC attributed most of the improvement to the stronger economy in 2021, as the coronavirus pandemic restrictions largely expired and there were low levels of unemployment.

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SPONSORED: Former Navy SEAL Scott Daly Shares Leadership Advice on 'Business...

Daly, director of training for the Focus3 leadership training organization in Columbus, Ohio, learned a little something about overcoming the events of life when he broke his neck in freestyle...

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McReynolds, Whipple Among 4 Picked for Arkansas Business Hall of Fame

The honorees will be recognized at an induction ceremony at the Statehouse Convention Center in Little Rock in February.

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Visa Posts Jump in Quarterly Profit, Increases Dividend

Excluding one-time charges, which included Visa writing down some of its investments due to the drop in the stock market this year, the company earned $4.09 billion, or $1.93 a share.

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US Mortgage Rates Top 7% for the First Time in 2 Decades

The last time the average rate was above 7% was April 2002, a time when the U.S. was still reeling from the Sept. 11 terrorist attacks.

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1 Promoted at Southern Bancorp Community Partners (Movers & Shakers)

Ralph Brown is the new chief lending officer at Southern Bancorp Community Partners, the nonprofit arm of Southern Bancorp of Arkadelphia.

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Pipe Plant Sale Tops $7.7 Million (Real Deals)

GTM I30 Holdings LLC, led by Rene Morgan, acquired the 7200 Interstate 30 project from Cameron International Corp. of Houston.

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Inside Changes Coming to the Secure Act (Ben Ronning Commentary)

Should they come to pass, you’ll want your adviser to account for these changes in your financial plan.

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Jaclyn Henderson Blends Local Experience with Customer Relationships in NWA

In September, Henderson was named market executive for Regions' operations in Bentonville, Rogers, Siloam Springs, Springdale and Fayetteville.

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Abaca Agrees to $30M Acquisition, Will Keep Its Brand and NLR Base

The deal gives the buyer, Colorado-based Safe Harbor Financial, access to more than 300 accounts.

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Job Openings Rose to 10.7 Million in September, Despite Fed Efforts

In another sign the labor market remains tight and employers unwilling to let workers go, layoffs dropped in September to 1.3 million, fewest since April.

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Lamar Advertising CEO Sean Reilly Talks Transformation & Growth on Next...

Under Reilly's leadership, Lamar Advertising Co. has established the industry’s first digital billboard network, grown its advertiser offerings to more than 4,000 displays across the U.S., and...

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State Tax Revenue Up 10% in October

All major collection categories were above forecast, with sales tax collections remaining particularly strong.

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US Average Long-Term Mortgage Rates Back Under 7%, For Now

The rate was 3.09% last year at this time.

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Fed Unleashes Another Big Rate Hike but Hints at a Pullback

The Fed's move boosted its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years. It was the central bank's sixth rate hike this year — a streak that has made mortgages and other...

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