The Federal Reserve signals that it may act sooner than previously planned to start dialing back low-interest rate policies that have also coincided with rising inflation.
Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent bursts of inflation were deemed temporary by federal policymakers.
Batesville's First Community Bank is enlarging its presence in downtown Conway after the $1.6 million purchase of the former Second Baptist Church in December.
Steve Cannon,, a business CEO who graduated with honors from the United States Military Academy at West Point, thinks the best place for leaders to be is in the trenches with their troops. read more >
Data collected for this week's list of private companies illustrated the uneven and sometimes counterintuitive impact of the COVID-19 pandemic on various industries. read more >
This week's parade of nine million-dollar real estate transactions kicks off with a retail center in west Little Rock. read more >
Mike Damron and Andrea Jobe have been hired as mortgage lenders at Arvest Bank in Conway. read more >
U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive. read more >
JPMorgan Chase Bank of Columbus, Ohio, is hip deep in developing its first rollout of Arkansas sites, all in Pulaski County. read more >
After entering the Fort Smith market in 2018, First Security is adding a second branch. read more >
Tracking bitcoin transfers requires high-level expertise in blockchain technology, but knowing that money has been moved from one state-of-the-art safe to another is one thing; getting the money out is another. read more >
Haag Brown Commercial Real Estate and Development of Jonesboro plans to redevelop the First Horizon Bank building in Bentonville. read more >
Digital payments company Square Inc. of San Francisco makes an equity investment in Southern Bancorp Inc. of Little Rock. read more >
Citizens Bank of Batesville this week promoted Johnny Babb to vice president and senior network administrator and Stephanie Spain to assistant vice president. read more >
Darrin Williams, CEO of Southern Bancorp Inc. in Little Rock, has been appointed to the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis. read more >
Simmons First National Corp. of Pine Bluff announces that it will buy two Memphis-area bank companies in separate deals worth a combined $277.9 million. read more >
Ray Vester has retired from the board of directors of Farmers & Merchants Bank in Stuttgart. read more >
Affiliates of the Read Property Group of Brooklyn, New York, bought 31 buildings in seven transactions of the North Little Rock apartment complex. read more >
Bank OZK broke ground Thursday on its $6 million solar power plant that will power its Little Rock headquarters and 40 other locations. read more >
Financial technology leader FIS of Jacksonville, Florida, and The Venture Center of Little Rock announced Wednesday the 10 companies selected to participate in their 2021 FIS Fintech Accelerator program. read more >
Steve Cannon, CEO of AMB Sports and Entertainment, will lead the June 9 webcast in a series presented by Arkansas Business throughout 2021. read more >
The economy in nine Midwest and Plains states remains strong in the wake of a devastating global pandemic. read more >
Drive the curvy roads north out of Eureka Springs to the state's mountainous northern edge, and you'll discover Holiday Island, “the town that Tom built.” read more >
A Boone County farmer has sued Stone Bank of Mountain View, its president, its former president and a former loan officer in a wide-ranging complaint that includes allegations of fraud in its government-backed farm loan program and pressure to pay kickbacks to the loan officer. read more >
Doug Schoenfeld bought the 162,000-SF Ball Metalpack location on Crutcher Street in Springdale. read more >
Miranda Gauthier and Chris Hawkins have joined Today's Bank of Huntsville. read more >
Farmers Bank & Trust of Magnolia forms a new nonprofit foundation, the Farmers Bank Foundation, which will operate independently from the bank. read more >
Conway nonprofit builds a financial bridge to home ownership for undocumented immigrants. read more >
It took a few years to convince Vietnamese-born Brian Le to move to Arkansas and raise chickens. read more >
Being able to watch LeBron James shoot is not the same as owning his actual shot. It's not even like owning an autograph or a game ball. read more >
Lisa McDaniel has joined EGP Wealth Management in North Little Rock as director of wealth management. read more >
Kevin Orr and Jared Perry have been hired by Centennial Bank of Conway. read more >
Arkansas' unemployment rate was unchanged at 4.4% from March and April. read more >
