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News
U.S. debt tops $40 trillion milestone
2+ hour, 56+ min ago (734+ words) Reuters// August 20, 2026// U.S. debt tops $40 trillion milestone Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments…...
New Orleans home sales rebound in July
1+ week, 1+ day ago (618+ words) CityBusiness staff reports// August 12, 2026// New Orleans home sales rebound in July After cooling down in June, the residential real estate market rebounded in July across the New Orleans metro area as closed sales, average sales prices, and market speed all…...
Louisiana small business optimism reaches one-year high
1+ week, 1+ day ago (600+ words) CityBusiness staff reports// August 11, 2026// Louisiana small business optimism reaches one-year high Small business optimism climbed to its highest level in nearly a year in July as hiring and investment plans improved, though business owners remain uncertain about whether conditions are…...
US manufacturing activity hits more than four-year high; input prices elevated
2+ week, 2+ day ago (771+ words) Reuters// August 3, 2026// US manufacturing activity hits more than four-year high; input prices elevated QCells employees test a finished solar panel at the QCells North America factory in Cartersville, Georgia, U.S. June 8, 2026. REUTERS/Alyssa Pointer U.S. manufacturing activity increased to the highest level…...
US consumers, businesses squeezed by inflation, Fed survey shows
2+ mon, 2+ week ago (702+ words) Ann Saphir and Howard Schneider, Reuters//June 3, 2026// Federal Reserve Chairman Kevin Warsh inherits an economy still riding an investment boom but showing signs of consumer strain, weak hiring and rising prices, according to reports from his colleagues that will frame…...
US manufacturing growth hits four-year high
2+ mon, 2+ week ago (1045+ words) Lucia Mutikani, Reuters//June 1, 2026// U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising prices and shortages because of the war with Iran. The Institute for Supply…...
U.S. banks report profit uptick in first quarter: FDIC
2+ mon, 3+ week ago (266+ words) People walk around the Financial District on the morning after Zohran Mamdani’s election win in New York City, U.S., November 5, 2025. REUTERS/Angelina Katsanis Pete Schroeder, Reuters//May 27, 2026// U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising…...
Inflation surged in March, fueled by Iran conflict
4+ mon, 1+ week ago (745+ words) Andrew Ackerman, The Washington Post//April 10, 2026// The war in Iran has reignited short-term inflation with monthly price increases pushing to levels not seen since Americans were last grappling with a full-blown price crisis four years ago as the economy was…...
Wells Fargo no longer expects Fed rate cuts in 2026 as Iran war drags on
4+ mon, 1+ week ago (261+ words) Kanishka Ajmera and Joel Jose¸Reuters//April 6, 2026// Wells Fargo Investment Institute said on Monday it no longer expects the U.S. Federal Reserve to cut interest rates in 2026, citing uncertainty around inflation and heightened geopolitical risks tied to the Middle…...
New Orleans precious metal retailers see greater interest in gold and silver amid price surges
4+ mon, 3+ week ago (1079+ words) For a generation raised on DuckTales, Uncle Scrooge diving into his vault of gold coins was a nostalgic cartoon image. Today, with gold and silver prices surging, precious metals are drawing renewed investor interest, and New Orleans retailers are seeing…...