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Banking & Finance

Consumer Sentiment Edges Higher as Economic Growth Accelerates and Inflation Fades

Still, consumer sentiment remains 6% below its long-run average after the worst spike in inflation in four decades pushed up the cost of groceries, rent, gas, and other necessities, frustrating many consumers.

Rising Lot Preparation Costs Propel Housing Prices in NWA

According to the Northwest Arkansas Council’s workforce housing council, the region will need 90,000 more homes in the next 20 years.

Courageous Authenticity (Barry Goldberg On Leadership)

Organizations led with courageous authenticity and integrity outperform their competitors.

Rising Operational Costs Hit Truckers Hard

The freight recession has driven down what carriers can charge, while inflationary pressures have made operations more expensive.

Banking & Finance / Energy / Industry / Manufacturing

Polk Stanley Wilcox Announces 5 Promotions (Movers & Shakers)

The promotions are across the Little Rock and Fayetteville offices. read more >
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Help Me Help You (Gwen Moritz Editor’s Note)

Bad press releases are a waste of your money and my time. read more >
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‘Where the Money Is’ (Editorial)

Need capital for a new enterprise? Turn your attention to northwest Arkansas. read more >
Banking & Finance / Industry / Real Estate

Southern Bancorp Adds 20th Branch in Mississippi

Meanwhile, Simmons Bank is opening new branches in Tennessee and Texas. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Rises to 6.77%, Highest in 10 Weeks

The average rate on a 30-year mortgage rose to 6.77% from 6.64% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. read more >
Banking & Finance / Restaurants & Food / Retail / Small Business / Tourism

Retail Sales Fall 0.8% in January as Shoppers Pause After Strong Holiday Season

NEW YORK (AP) — Americans pulled back their spending more than expected in January after the traditional holiday season splurge. Retail sales fell 0.8% in January from the strong pace […] read more >
Banking & Finance / Energy / Health Care / Insurance / Real Estate / Restaurants & Food / Tourism

US Inflation Slows in January, but Remains Elevated

The prices of services — hotel rooms, restaurant meals, auto insurance, apartment rents and the like — are still rising faster than they did before the pandemic and keeping overall inflation persistently high. read more >
Banking & Finance / Investments / Nonprofits / Small Business

Report: Wealth Disparities by Race Grew During The Pandemic, Despite Income Gains

According to a report from the New York Federal Reserve Bank, the real net worth of white individuals has outgrown that of Black and Hispanic individuals by 30 percentage points and 9 percentage points, respectively. read more >
Banking & Finance / Energy / Government & Politics / Investments

Recession Risks are Fading, Business Economists Say, but Political Tensions Pose Threat to Economy

A growing share of business forecasters worry that the Fed is keeping rates unnecessarily high. read more >
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Extended Stay Hosts $4.4M Transaction (Real Deals)Lock Icon

The 120-room hotel in west Little Rock weighed in at $4.46 million. read more >
Banking & Finance / Energy / Government & Politics / Manufacturing / Real Estate

Oil & Gas Commission to Revisit Lithium Royalties at April MeetingLock Icon

Companies working to extract commercial lithium products from underground brine are looking for price clarity. read more >
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Leisure & Hospitality Leads Job Growth in Central Arkansas

The two biggest drivers of job growth in central Arkansas in the last year have been in the sectors of leisure and hospitality and health and education, according to the […] read more >
The John Paul Hammerschmidt Federal Building in Fayetteville
Banking & Finance / Investments / Legal

Fayetteville Investment Banker Faces Guilty Verdict in $18M Fraud Case

The sentencing hearing for John Nock is postponed, with a new date not yet set. read more >
Banking & Finance / Energy / Retail

2 Promoted at Conway Corp (Movers & Shakers)

Jeff Crownover will serve as telecommunications systems senior engineering tech, and Kody Miller chief plant officer of the Tupelo Bayou Wastewater Treatment Plant. read more >
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Arkansas’ Biggest Deals in 2023 Total $29B

The No. 1 deal was Nippon Steel’s planned $14.9 billion purchase of U.S. Steel. read more >
Banking & Finance / Business Services / Real Estate

Jonathan Cole Named President of Appraisal Institute’s Arkansas Chapter

He's the appraisal review manager at First Community Bank of Batesville. read more >
Banking & Finance / Agriculture & Poultry / Government & Politics / Real Estate

Calvin King Reappointed to FHLB Dallas Advisory Council

King is the founder, president and CEO of the Arkansas Land and Farm Development Corp. in Brinkley. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rate Edges Higher, but Remains in Mid-6% Range

The average rate on a 30-year mortgage rose to 6.64% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. read more >
Banking & Finance / Government & Politics / Legal

Arkansas Joins $1.5M Settlement Against Crypto Platform

The investigation determined that TradeStation Crypto Inc. engaged in the unregistered offer and sale of securities. read more >
Banking & Finance / Health Care / Insurance / Legal / Media & Marketing / Nonprofits / Small Business / Technology

An Effective Cybersecurity Tool: Empowered Employees (Chris Wright Commentary)

Criminals don’t have to employ advanced tactics like AI-generated deepfakes to access companies’ systems because employees often unintentionally leave the doors open. read more >