US New-Home Sales Climbed 7.9% in January
U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
View ArticleUS Economy Grew at 2.1% Rate in 4Q But Virus Threat Looms
The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for 2020 as a whole.
View ArticleMelissa Bradley Moves Forward at Merrill Lynch (Movers & Shakers)
Melissa Bradley has been promoted to assistant vice president at Merrill Lynch in Little Rock, where she is a wealth management adviser and partner with the Smouni Bradley Team.
View ArticleWindstream: Reached Agreements With Creditors, Uniti Group
Windstream Holdings Inc. of Little Rock says it's reached a deal with its first lien creditors and settled a lease dispute with spinoff Uniti Group Inc. of Little Rock.
View ArticleFederal Reserve Cuts Benchmark Rate by Half-Point
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
View ArticleSimmons Bank Promotes Charlie Van Ness to NWA Market President
Simmons Bank has promoted Charlie Van Ness to market president for northwest Arkansas.
View ArticleFed's Beige Book Finds Coronavirus Impacting Parts of US Economy
The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States.
View ArticleA Record Low on Average 30-Year Fixed Mortgage: 3.29%
The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the coronavirus outbreak deepens.
View ArticleNumber of Women-Owned Businesses Climbs
The number of women-owned businesses rose 21% to 12.9 million between 2014 and 2019, according to the “2019 State of Women-Owned Businesses Report,” published by American Express.
View ArticleSlowly They Turn (Gwen Moritz Editor's Note)
As of last week, Arkansas' 17 publicly traded companies had 170 directors and 32 of them were women. That’s almost 19%.
View ArticleVicki Clayton Advances at Generations (Movers & Shakers)
Vicki Clayton has been promoted to chief information officer of Generations Bank in Rogers.
View ArticleWomen Helping Women: NWA Groups Are Networking
Woman-Run, an initiative that brings together business leaders and prospective businesswomen for networking and informative events, is but just one channel in a growing network of female professionals.
View ArticleCentennial Bank's Commerce Center at Riverdale On the Rise
The new branch that Conway’s Centennial Bank has under development in Little Rock will be a rarity among its built-from-scratch full-service offices.
View ArticleNew Bank Flag on the Horizon for Arkansas
Valued at $3.9 billion when announced in November, the merger will bring the First Horizon name to Arkansas with the addition of IberiaBank’s 16-branch network in the state.
View ArticleWalmart's John Furner Among Speakers at Arkansas Business Executive...
Walmart US CEO John Furner and J.B. Hunt Executive Vice President and Chief Commercial Officer Shelley Simpson are among the executives scheduled to speak as the Arkansas Business Executive Leadership...
View ArticleWork Hard, Speak Up, AccelHERate Panelists Tell Women Entrepreneurs
Janet Jones, Kimberly Smith, Elizabeth Bowles and Michele Wright encourage women business owners to work hard, be consistent — and never let their voices be silenced.
View ArticleSkyline Report Shows Record Home Sales in Northwest Arkansas
More than 9,600 residential homes were sold in Washington and Benton counties in 2019, which is the highest number recorded by Arvest Bank's Skyline Report since its founding in 2004.
View ArticleReport: 41% of Arkansas Households Struggle to Make Ends Meet
About 41% of Arkansas households are trapped by low wages and rising costs and are unable to afford basic needs, according to a report released by Entergy Arkansas and the Winthrop Rockefeller Foundation.
View ArticleLosses Accelerate on Wall Street As Wild Swings Continue
Stocks are sinking sharply again Wednesday, nearly wiping out a huge rally from a day earlier as Wall Street continues to reel from worries about the coronavirus.
View ArticleWebinar: Learn How to Protect Your Business From Cybersecurity Threats
PCA Technology Solutions President and CEO Ted Clouser will be the first featured guest on Insights, a new webinar series presented by Arkansas Business.
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