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Formation of New US Businesses Dips From Pandemic Peak

The number still remains at historic highs.

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Stone 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.

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One 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.

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SPONSORED: 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.

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Fed'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.

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Average 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.

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Food 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.

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Pure 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.

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Legacy National Doubles Down on Bentonville

The bank is adding a downtown location at 107 NW Second St.

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Let’s Broaden the Concept of Workforce Development (Christina Drale Commentary)

Developing the state’s workforce should include developing advanced professional skills.

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Robert Geary Appointed Controller of Sowell Management (Movers & Shakers)

He was previously controller of Coulson Oil Co. of Little Rock.

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Is 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.

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Arkansas 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.

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US 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...

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Average 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.

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Stephens 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.

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Federal 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.

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Largest 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.

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Gov. 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.

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Banks 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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