Business

Business
5:12 pm
Wed September 18, 2013

The Fed's Surprising Decision: Should You Cheer Or Boo?

Federal Reserve Chairman Ben Bernanke arrives to speak at a news conference Wednesday in Washington, D.C. The Fed cut its economic growth forecasts and said it would keep buying bonds in a bid to keep interest rates down.
Mark Wilson Getty Images

If you are trying to buy a home, you just got good news: The Federal Reserve said Wednesday it is not going to try to drive up long-term interest rates just yet.

Stock investors are happy for you. They like cheap mortgages too because a robust housing market creates jobs. To celebrate, they bought more shares, sending the Dow Jones industrial average up 147.21 to an all-time high of 15,676.94.

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The State of Working Louisiana
6:00 am
Mon September 9, 2013

Report: Wages Stagnant, Unemployment on the Rise in La.

Credit Louisiana Budget Project

A recent study by the Louisiana Budget Project gives a snapshot of the state’s economy from the perspective of the workers themselves.

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Economic Outlook
12:32 pm
Thu August 29, 2013

Study Says Louisiana Faces Stagnant Wages, Rising Unemployment

A report released Thursday by the Louisiana Budget Project says although worker productivity in the state is at an all-time high, wages remain stagnant and unemployment is on the rise.

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Business
8:59 am
Wed August 14, 2013

Hurricane Katrina Report: Economic Ups And Downs 8 Years Later

Originally published on Wed August 14, 2013 4:38 pm

It’s been eight years this month since Hurricane Katrina. The Greater New Orleans Community Data Center has been measuring data to see how far the recovery has come, and where the city is heading.

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River Corridor Super Region
5:30 am
Tue July 9, 2013

The Last Bus to New Orleans

LA Swift got its start after Hurricane Katrina, shuttling evacuees and recovery workers between the Crescent and Capitol cities.

Ridership spiked after the storm, dropped off, and is now steadily growing. But the riders are commuters, using the bus to get to work.

The bus ran out of funding in June, but the service provider agreed to keep rolling another month. Long-time rider MiLisa York, who’s started a petition to keep the bus going long-term.

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Business
3:33 am
Fri June 28, 2013

Put Down Oil Drill, Pick Up The Test Tube: Making Fuel From Yeast

Jay Keasling (left), speaking with Rajit Sapar at the Joint BioEnergy Institute, is pioneering a technique to develop diesel fuel from yeast.
Courtesy of Lawrence Berkeley National Laboratory

Originally published on Fri June 28, 2013 9:41 pm

What if we could get our gasoline, diesel fuel and jet fuel from yeast instead of from oil wells? That's not as crazy as it sounds. In fact, it's already happening on a small scale. And there's a vigorous research effort to ramp this up on a massive scale.

One of the more innovative approaches uses a new technology called "synthetic biology." Jay Keasling is one of the leaders in this hot field.

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Super-Region
4:52 pm
Wed June 12, 2013

Survey Says LA Swift Shut Down Could Hurt Jobs

State plans to shut down the low-cost bus from Baton Rouge to New Orleans may harm economic ties between the cities.

According to a survey released Wednesday by The Center for Planning Excellence, more than half of LA Swift riders use the service to get to and from work.

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Newspaper War
6:56 am
Tue June 11, 2013

The Advocate's Secret Weapon: A Speedy Press

FILE: The Advocate's Production Facility on Reiger Road in Baton Rouge, La.
Credit The Advocate

It's sort of a fluke.

The Baton Rouge paper had been nursing its 1950s era letterpresses for years when it finally had to bite the bullet and invest in a new production facility. The speedy offset press came online in 2006, just as the country headed into a recession and the newspaper industry was tanking.

So when John Georges closed the deal to buy The Advocate in May, it came with one of the newest printing presses in the country.


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Business
2:18 am
Tue June 11, 2013

How The Senate Farm Bill Would Change Subsidies

Third-generation Oklahoma farmer Scott Neufeld says crop insurance is important to his family's business.
Tamara Keith NPR

Originally published on Tue June 11, 2013 2:40 pm

The Senate voted Monday to approve its version of the farm bill, a massive spending measure that covers everything from food stamps to crop insurance and sets the nation's farm policy for the next five years.

The centerpiece of that policy is an expanded crop insurance program, designed to protect farmers from losses, that some say amounts to a highly subsidized gift to agribusiness. That debate is set to continue as the House plans to take up its version of the bill this month.

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East Baton Rouge Parish Metro
12:11 pm
Mon June 10, 2013

BRAF Releases City Stats 2013

The Baton Rouge Area Foundation released its annual City Stats report Monday. The survey, which looks at over 70 indicators, revealed some surprising answers this year.

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