Simmons Branch in West Little Rock Sells for $1.25M
The buyer of the property at 23816 Chenal Parkway was Foxden Capital LLC, led by Todd and Amanda Denton.
View ArticleIMF: Prolonged High Inflation Dims Outlook for World Economy
The IMF now envisions growth this year of 2.8%, down from 3.4% in 2022 and from the 2.9% estimate for 2023 it made in its previous forecast in January.
View ArticleSanders Signs $124M Tax Cut Into Law
The measure cuts the top individual income tax rate to 4.7% from 4.9%.
View ArticlePeoples Bank Opens Branch in Benton
Peoples Bank of Sheridan says it will open a branch office in Benton, and it has hired Chris Diaz as Benton market president and Don Tackett as executive vice president of lending.
View ArticlePeoples Bank to Open Branch in Benton
Peoples Bank of Sheridan says it will open a branch office in Benton, and it has hired Chris Diaz as Benton market president and Don Tackett as executive vice president of lending.
View ArticleTop Fed Official Sees Need for More Interest Rate Increases
Christopher Waller, a member of the Fed's governing board, did not specify how many more increases he supports, but said in written remarks that inflation "is still much too high and so my job is not...
View ArticleStephens Insurance Commission Up to $1.5M for Dillard’s Employees
The commission amount is an increase from $1.2 million a year ago.
View Article19 Arkansas Banks and Lenders to Split $72.65M in Grants
The U.S. Treasury announced the grant recipients from their Equitable Recovery Program last week.
View ArticleJacksonville Apartments Generate $9.4M Sale (Real Deals)
The 204-unit apartment complex in Jacksonville was purchased by Jacksonville HC5 LLC, an affiliate of Haley Residential in Omaha, Nebraska.
View ArticleEric Varner Promoted to VP at Kelley Commercial Partners (Movers & Shakers)
Varner joined Kelley in 2013.
View ArticleArkansas Business Accepting Nominations for '20 In Their 20s'
We're putting the spotlight on talented young leaders in the state's business and nonprofit communities.
View ArticleWhite River Bancshares Passes $1B in Assets; Q1 Profit Falls on Rising Costs
Expenses related to the bank's expansion to new markets continue to weigh on net income.
View ArticleField Set For 2023 Jackson T. Stephens Cup
The tournament is being held Oct. 9-11 at Trinity Forest Golf Club in Dallas.
View ArticleHome BancShares Touts Liquidity as Profit Rises 59% in Q1
Elsewhere in the company's earnings report, shrinking deposits reflected economic weakness.
View ArticleMortgage Rates Rise: 30-Year Climbs to 6.39%
Mortgage buyer Freddie Mac said Thursday that that average fixed-rate 30-year mortgage edged up to 6.39% from 6.27% the week before. A year ago, the average rate was 5.11%.
View ArticleBank OZK Posts Record Q1 Profit
First-quarter net income was $165.9 million, up more than 29% from the same period a year ago.
View ArticleState Unemployment Rate Falls to 3%
Arkansas' unemployment rate declined to 3% in March from 3.2% in February, according to the state Division of Workforce Services.
View ArticleNatasha Swift Promoted to VP of Logistics at Allen Engineering (Movers &...
Swift, who joined Allen Engineering in 2011, will serve as an officer of the company and will be responsible for the departments of production planning, purchasing and logistics.
View ArticleLeading Through Crisis (Barry Goldberg On Leadership)
In a crisis, organizations look to their leaders for connection and support.
View ArticleSimmons Misses Q1 Expectations as Profit Falls 30%
CEO Bob Fehlman said the lender faced challenges from rising interest rates and heightened market volatility, but deposits were stable and the bank ended the period with solid liquidity.
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