economy

Latest News
4:00 pm
Wed January 16, 2013

Market Outlook Bright for Rice, Soybeans

Despite uncertainty surrounding federal farm legislation, agricultural economists are optimistic about the market outlook for rice and soybeans with higher prices and more varieties expected.

The American Press reports that was the message given to more than 50 Southwest Louisiana rice and soybean growers attending an agriculture forum last week in Welsh, La.

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Economy
10:00 am
Sun January 6, 2013

Weekly Unemployment Insurance Claims Drop

First-time claims for unemployment insurance in Louisiana for the week ending Dec. 29 fell from the previous week's total, mainly because the Christmas holidays cut a day from the work week.

The state labor department figures released Friday show the initial claims decreased to 2,505 from the previous week's total of 3,495.

The four-week moving average, which is a less volatile measure of claims, fell to 3,262 from the previous week's total of 3,648.

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Politics
1:55 pm
Fri December 28, 2012

LISTEN LIVE: Fiscal Cliff Special Coverage

Listen to live special coverage from 2:00 p.m. to 3:00 p.m. of talks between President Obama and congressional leaders regarding impending automatic spending cuts and tax increases.

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Latest News
5:00 pm
Fri November 23, 2012

Senator Landrieu Urges Support For Small Business Holiday Shopping

With much of the nation focusing on Black Friday shopping at big box stores, one Louisiana lawmaker is suggesting another option.

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Planet Money
10:38 am
Wed November 7, 2012

Episode 128: Friend or Foe?

Friend or Foe in NYC's Chess District?
Chana Joffe-Walt NPR

Originally published on Tue November 6, 2012 4:28 pm

Why do businesses selling the same thing crowd around each other rather than strike out on their own?

To answer that question, Adam Davidson and Chana Joffe-Walt walk through some New York City neighborhoods – the diamond district, the plant district, the chess district — where store after store sells the exact same thing.

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Election 2012
10:16 am
Wed November 7, 2012

Stocks Fall On 'Fiscal Cliff' Fears

On the floor of the New York Stock Exchange this morning.
Allison Joyce Getty Images

Originally published on Wed November 7, 2012 3:02 pm

On the day after voters returned President Obama to the White House and kept Democrats in control of the Senate and Republicans in control of the House:

"Investors pulled back sharply ... [amid] rising worries about the upcoming fiscal fight in Congress," The Wall Street Journal writes.

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Election 2012
4:28 am
Wed November 7, 2012

Economy Looms Large Over Obama's 2nd Term

Originally published on Wed November 7, 2012 9:31 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a dive on Wall Street. Just this minute, the Dow Jones Industrial Average is down about 317 points. It's considered the worst drop of the year, so far. We're a little bit before noon in New York City. What's going on? We're going to try to find out. We're joined now by DavidWessel, economics editor of The Wall Street Journal. And David, as best you can determine, what's driving the drop?

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Election 2012
4:22 am
Wed November 7, 2012

After Election, Congress Turns To 'Fiscal Cliff,' Other Money Issues

If Congress fails to address the alternative minimum tax, millions of households could see their federal 2012 tax bills jump.
iStockphoto.com

Originally published on Wed November 7, 2012 9:40 pm

For months, Americans have been watching the presidential political drama play out nightly on the news. Now, with President Obama's victory, that story is ending.

But for the economy, an action thriller is just beginning.

Congress has just weeks to jump to the rescue of an economy moving closer and closer to the so-called fiscal cliff. That phrase refers to a $600 billion cluster of automatic spending cuts and tax hikes — all coming together at year's end.

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Business & Technology
2:08 pm
Tue November 6, 2012

Small Business Conference Thursday At UNO

Chris Genteel, Google's head of diversity markets, and other people from the Internet giant will join bankers, investors and federal officials at the Southeast Louisiana Small Business Conference this Thursday at the UNO Lindy Boggs International Conference Center.

Other speakers include Pellsom Lau, regional manager for the Small Business Administration's office of international trade, and Paul Satenstein, chief financial officer of The Online Incentives Exchange. Satenstein will talk about Louisiana's online exchange for state tax credits.

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Planet Money
4:44 pm
Mon November 5, 2012

Planet Money: After The Flood, The Backup Plan

Food damaged by storm flooding awaits disposal at the Fairway supermarket in Brooklyn.
Seth Wenig Associated Press

Originally published on Fri November 2, 2012 6:40 pm

A monster storm flooded parts of the biggest city in America this week. Millions of people are still without power.

But in the long run — even in the medium run — New York (and New Jersey!) will recover. And for the U.S. economy as a whole, this disaster will barely be a blip.

This is largely because there are countless backup plans hiding everywhere in our economy. On today's show, a flooded grocery store reveals safety nets that are usually hidden but, at moments like these, are suddenly made visible.

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