Arkansas Unemployment Increases to 3.6 Percent
Arkansas' unemployment rate in October rose to 3.6 percent from 3.5 percent in September, but it was still lower than the 4 percent reported for October 2016.
View ArticleMortgages Rates Rise: 30-year Hits 4-month High of 3.95 Percent
Long-term mortgage rates rose this week to the highest level in months.
View ArticleJudge Bobby McCallister to Resign Dec. 15
Saline County Circuit Judge Bobby McCallister on Friday agreed to resign Dec. 15 following disciplinary charges linked to four felony counts related to tax evasion.
View ArticleNew Staff Members Start at Stone Bank in North Arkansas (Movers & Shakers)
Casey Patrick Whitney has joined Stone Bank in Harrison as assistant vice president and customer service manager, and Melissa Ring is a new customer service representative at the Mountain View office.
View ArticleWith Health Care, Allen Kerr Seeks Freedom from Fed
Arkansas Insurance Commissioner Allen W. Kerr has over three decades of experience in insurance and financial services.
View ArticleAs Data Breach Costs Rise, Cyber Insurance Looks Good
Companies are becoming more interested in purchasing cyber liability coverage as they become more aware of data breaches and the damage they can inflict on a business.
View ArticleCoal Company Digs Hole in Bankruptcy Case
Mississippi Minerals Inc. in Hartford (Sebastian County) and related companies filed for Chapter 11 bankruptcy protection last week, listing estimated debts of between $50 million and $100 million.
View ArticleYellen to Step Down From Federal Reserve Board
Janet Yellen on Monday submitted her resignation from the Federal Reserve Board to President Donald Trump, announcing that she will leave the board when her successor is sworn in as Fed chairman.
View ArticleAs Interest Rates Rise, Banks Are Paying More For Deposits
For years after the recession, banks paid next to nothing on deposits — much to the detriment of savers everywhere. Now, banks have increased lending and need more deposits, so they're willing to pay...
View ArticleRoss Whipple Branches Out, Logs Time Away from Boardroom
Ross Whipple manages more than 120,000 acres of Arkansas timberland as chairman of the Ross Foundation and president of Horizon Timber Services Inc.
View ArticleGenerations Bank Forecloses on Former Gravette Mayor
Generations Bank has filed a foreclosure suit in Benton County Circuit Court against a former Gravette mayor who ran a since-closed restaurant.
View ArticleEx-Partner Alleges Walter Quinn Used Straw Borrowers
A former business partner has alleged under oath that he and others served as straw borrowers so that Walter Quinn of Little Rock could access money from Heartland Bank, where Quinn was a director and...
View ArticleNew Frauds Land John Rogers in Prison
Testimony at the Nov. 20 bond revocation hearing of serial fraudster John Rogers shed more light on new evidence uncovered by federal investigators.
View ArticleUS New-Home Sales Jumped 6.2 Percent in October
Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase.
View ArticleUS Economy Expanded at Brisk 3.3 Percent Pace
Led by a rise in business investment, the U.S. economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years.
View ArticleFed Report: Employers Raising Wages in Tight Labor Market
Employers in the Federal Reserve's Eighth District, which includes all of Arkansas and parts of six nearby states, say they are raising starting wages and salaries to attract new workers amid a tight...
View ArticleBank of the Ozarks Hires Contractor for New HQ
Bank of the Ozarks has hired CDI Contractors LLC to build its new headquarters in west Little Rock and plans to break ground in December.
View ArticleUS Construction Spending Up a Strong 1.4 Percent in October
U.S. construction spending surged 1.4 percent in October, the best gain in five months, with all major categories of building posting gains.
View ArticleFed Board Member, State Economic Forecaster Assess Economy
James Bullard, president of the Federal Reserve Bank of St. Louis, fielded questions Friday about President Donald Trump's pick to head the Federal Reserve Board, the GOP tax plan and the future of...
View ArticleLegislative Auditor Roger Norman Examines Where Most Accounting Issues Take...
Norman, a past president of the National State Auditors Association, serves on the board of the Arkansas Society of CPAs.
View Article