Rivercliff Apartments Surpasses $16 Million (Real Deals)
The 133-unit apartment project in the Riverdale area of Little Rock was purchased by to MLG/LF Rivercliff LLC.
View ArticleBaby Needs a New Hobby (Gwen Moritz Commentary)
The defense for a rancher who swindled Tyson Foods says he was addicted to futures trading by phone.
View ArticleLeaders Are Courageous Readers (Barry Goldberg On Leadership)
Reading is a key to good leadership, especially when you tackle subjects that challenge your nature or your world view.
View ArticleTrent Brown Named Community President of FNBC's Jonesboro Market (Movers &...
Brown has more than two decades of banking experience and will lead efforts to expand relationships in Jonesboro.
View ArticleDebt, Expenses Stress Lower Income Households
About half of U.S. adults in households earning less than $60,000 annually and about 4 in 10 of those in households earning $60,000 to $100,000 say they're very stressed by their personal finances.
View ArticleTroubled Silicon Valley Bank Acquired by First Citizens
More than half of Silicon Valley's assets will remain in U.S. receivership.
View ArticleFed Official: SVB Itself Was Main Cause of Bank's Failure
Michael Barr, the Fed's vice chair for supervision, said the bank failed to manage the risk of its bond holdings, which lost value as the Fed raised interest rates.
View ArticleUS Consumer Confidence Ticks Up in March
Despite the uptick in confidence, the index remains below 2022's average level of 104.5.
View ArticleSmall Businesses Weigh Banking Options Amid Bank Turmoil
Experts say it's probably a good idea for small businesses to diversify funds and make sure they're in close contact with their banker, but emphasized that in the short term their bank accounts are...
View ArticleUS Makes Corporate Transparency Commitment With 20 Nations
The registry will contain personal information on the owners of at least 32 million U.S. businesses as part of an effort to combat corruption.
View ArticleFed Official: Bank Rules Under Review in Wake of SVB Failure
Senate Republicans questioned whether new rules were needed and noted that the Fed had had the authority to force Silicon Valley to address its shortcomings.
View ArticleFrench Hill, Other GOP Lawmakers Accuse Fed of Being Lax Before Bank Failure
Regulators have said that Silicon Valley Bank was an "idiosyncratic'' case and that the overall U.S. banking system remains sound.
View ArticleAverage Long-Term Mortgage Rate at Lowest Level in Six Weeks
The recent decline in mortgage rates is good news for prospective homebuyers.
View ArticleUS Revises Down Last Quarter's Economic Growth to 2.6%
The government had previously estimated that the economy expanded at a 2.7% annual rate last quarter.
View ArticleArvest Wealth Hires Kendra Cain as Chief Compliance Officer
She replaces the retiring Tom Harps, who is stepping down after 17 years in the position.
View ArticleUS: Credit Suisse Violated Deal on Rich Clients' Tax Evasion
The U.S. Senate Finance Committee pointed to an ongoing, possibly criminal conspiracy tied to nearly $100 million in accounts.
View ArticleBank Failures Highlight Declining Deposits
Banks have been slow to pass along better interest rates on traditional accounts to consumers, prompting a shift to money market funds, government bonds or other more lucrative investments.
View ArticleGov't to Start Looking for Bias in Small Business Lending
Banks will need to start reporting the demographics and income of small business loan applicants under new rules.
View ArticleA Key Inflation Gauge Tracked by The Fed Slowed in February
Friday's report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January.
View ArticleNew Commerce Secretary Focuses on Selling Arkansas as Entrepreneurial Hub
Hugh McDonald, the former president and CEO of Entergy Arkansas Inc., has big plans in his new role to reshape Arkansas' workforce and attract talent and businesses.
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