Formation of New US Businesses Dips From Pandemic Peak
The number still remains at historic highs.
View ArticleStone Bank Buys Former Bank OZK Site for $9.5M
The $9.5 million deal comes after a family of Missouri bankers purchased the Mountain View lender.
View ArticleOne Rahling Centre Sells for $3.5 Million (Real Deals)
The 20,410-SF office project in west Little Rock was purchased by W Place Properties LLC, led by Eric Wright.
View ArticleSPONSORED: Many Businesses Qualify For The ERTC Tax Credit, Even If They've...
The rules of the program have evolved over the last 12 months and many of the changes in the program have actually expanded the number of Arkansas businesses that qualify for the benefit.
View ArticleFed's Powell: More Rate Hikes are Likely This Year to Fight Still-High Inflation
The contrast between the Fed's stated concern over still-high inflation and its decision to skip a rate hike has heightened uncertainty about its next moves.
View ArticleAverage Long-Term US Mortgage Rate Falls to 6.67%, Third Straight Drop Since...
The average rate on a 30-year home loan is still more than double what it was two years ago.
View ArticleFood Distribution Sale Registers $13 Million (Real Deals)
4901 Asher Owner LLC, an affiliate of New York’s Box Equities, bought its namesake address from QFI-Little Rock AR LLC, an affiliate of Performance Food Group of Richmond, Virginia.
View ArticlePure Apartments Sold For $43 Million (NWA Real Deals)
Timberland Partners of Bloomington, Minnesota, paid $43 million for the Pure Springdale apartment complex on Gene George Boulevard.
View ArticleLegacy National Doubles Down on Bentonville
The bank is adding a downtown location at 107 NW Second St.
View ArticleLet’s Broaden the Concept of Workforce Development (Christina Drale Commentary)
Developing the state’s workforce should include developing advanced professional skills.
View ArticleRobert Geary Appointed Controller of Sowell Management (Movers & Shakers)
He was previously controller of Coulson Oil Co. of Little Rock.
View ArticleIs it a 'Richcession'? Or a 'Rolling Recession'? Or Maybe No Recession At All?
The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the quarter after that. Or maybe next year.
View ArticleArkansas Business Announces This Year's 20 in Their 20s Honorees
This year's honorees range from engineers and lawyers to rising stars in the financial sector.
View ArticleUS Economic Growth in Q1 Revised Up Sharply to 2%
Despite the uptick, the government's third and final report on January-March economic growth still marked a deceleration from the 2.6% annual rate from October through December and the 3.2% growth from...
View ArticleAverage Long-Term US Mortgage Rate Rises to 6.71%
The increase brings the average rate back to where it was three weeks ago. On June 1, it averaged 6.79%, its highest level so far this year.
View ArticleStephens Group Exits Surgery Device Maker CoreLink
The Stephens Group said it was the first institutional investor in CoreLink, which provides spinal implant and instrumentation systems.
View ArticleFederal Reserve May Tighten Financial Rules, Powell Says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new proposals.
View ArticleLargest US Banks Would Survive Severe Recession, The Fed's 'Stress Tests' Show
The Fed's report issued Wednesday did show some relative weakness among the midsize banks and "super regional" banks, with some getting a passing grade with a smaller cushion than usual.
View ArticleGov. Sanders to Deliver Keynote at August VenCent Fintech Summit
Gov. Sarah Huckabee Sanders will deliver the opening keynote address for The Venture Center of Little Rock's upcoming fintech summit.
View ArticleBanks Don't Need Big Hike in Capital Requirements, Hill Says
U.S. Rep French Hill, R-Ark., said he's concerned the Federal Reserve is making the wrong move by increasing capital requirements for national and regional banks as a possible recession looms.
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