Latest News
Wholesale Inflation Remained Cool Last Month In Latest Sign That Price Pressures are Slowing
Excluding food and energy prices, which tend to fluctuate from month to month, so-called core wholesale prices rose 0.2% from August and 2.8% from a year earlier, up from the previous month’s 2.6% increase.
by Associated Press -
UA Researcher Gets $3.4M Grant to Study Situational Bias in Health Care
Anastasia Makhanova will study how stress, illness or worries about personal health may cause health care workers to show more bias toward patients from racial or ethnic minority groups.
UA Little Rock Receives $5M to Combat Drug Use Among Arkansas Youth
The University of Arkansas at Little Rock has received $5 million in federal funding to address the growing drug and opioid use among youth inArkansas.
Falling Mortgage Rates May Be Prompting More Homeowners to Sell, Boosting Inventory for Buyers
The number of newly listed homes for sale climbed 4.2% last month, according to data from Realtor.com. September’s jump was the biggest annual increase since the peak of the spring homebuying season, and helped lift active listings 34% from a year earlier, according to Realtor.com.
by Associated Press -
US Inflation Reaches Lowest Point In 3 Years, Though Some Price Pressures Remain
Taken as a whole, the September figures show that inflation is steadily easing back to the Fed’s 2% target, even if in an uneven pattern. That decline suggests that the Fed will likely keep cutting its benchmark interest rate this year.
by Associated Press -
US Jobless Claims Hit 258,000, the Most In a Year. Analysts Point to Hurricane Helene, Boeing Strike
Outside of the weather and labor strife, some recent labor market data has suggested that high interest rates may finally be taking a toll on the labor market.
by Associated Press -
Hurricane Milton Spares Daytona Beach Factory That’s a Critical Supplier of IV Fluids
The factory is seen as an important source of sterile intravenous, or IV, fluid supplies that had grown tight after Hurricane Helene hit Florida and several other states late last month.
by Associated Press -
Deal Means Summit Gas Rates Will Likely Climb 23.4%
Summit argued that the rate hike was necessary to enhance its aging gas delivery infrastructure and comply with stronger pipeline safety standards.
by Kyle Massey -
Today’s Power CEO Derek Dyson Dies at 55
Dyson had led the sustainable energy firm since 2022. John Elkins, the company’s general counsel, was named interim CEO.
Small Business Disaster Loan Program Said to Be In Danger of Running Out of Funds By End of Month
In a statement, the SBA said that it will continue sharing information about its disaster loan programs and assisting borrowers with initial processing and servicing loans. But if funding lapses, all new offers would be held back and delayed until program funding is replenished.
by Associated Press -
Walmart Subsidiary Settles Three Disability Discrimination Lawsuits
Three stores in North Carolina allegedly failed to provide intermittent leave as a reasonable accommodation
8 Charged Over Fraudulent Marijuana Sales at Helena Dispensary
A former Helena police office is among those arrested in the scheme, which involved using patient allotments for people who were elderly, deceased, out of the area or incarcerated.
ATU Receives $730K to Benefit Agriculture Program
Arkansas Tech University has received $730,000 in federal funds to further agricultural education on the ATU campus in Russellville.
As Affordable Housing Disappears, States Scramble to Shore Up the Losses
As many as 223,000 affordable housing units across the U.S. will see federal tax credits awarded in exchange for keeping rent low expire in the next few years.
by Associated Press -
More Black and Latina Women are Leading Unions — and Transforming How They Work
Women make up roughly half of U.S. labor union membership, but representation in top level union leadership positions has lagged, even in female-dominated industries and particularly for women of color. […]
by Associated Press -
Top US Trade Official Sees Progress In Helping Workers. Voters Will Decide if Her Approach Continues
Do voters favor pursuing worker protections in trade talks, as Katherine Tai has done on behalf of the Biden-Harris administration? Or should the U.S. jack up taxes on almost everything it imports as Donald Trump has pledged to do?
by Associated Press -
The Stephens Group Agrees to Sell Portfolio Company Catalyst Acoustics
The Little Rock private equity firm combined a group of acoustic, seismic, vibration and noise control companies to form Catalyst in 2020.
Labor Force Participation Rate Stands at 58% for Arkansas
The labor force participation rate was 58% for Arkansas in August, while that for the United States as a whole stood at 62.7%. Michael Pakko, chief economist at the Arkansas […]
Economic Development: The Role of Accounting Firms in Driving Business Growth
At its core, economic development involves policies and practices that encourage investment, job creation, and wealth accumulation within a region.
by HCJ CPAs -
Statewide Digital Skills Programs: Arkansas to Roll Out New RFPs
The Arkansas Digital Skills & Opportunity Plan received federal approval in February, and the state wants to get the programs started “very soon.”
Gen Z Talent Shift Forces Employers to Rethink the Workplace
Leaders at the North Little Rock Chamber of Commerce are emphasizing the importance of building workplaces where people want to go to work and to stay.
Telehealth for All Medicare Patients Hinges on Congress
If Congress doesn’t extend telemedicine regulations for Medicare patients by the end of the year, it will deliver a sharp blow to an industry that gained popularity during the COVID pandemic.
by Mark Friedman -
Gen Z and Reality: Young Employees Confront Stereotypes in the Workplace
Gen Z employees will outnumber baby boomers in the American workforce by next year as retirements step up, and organizations face the challenge of harnessing young workers’ skills — or else.
by Kyle Massey -
Supreme Proxy War (Hunter Field Editor’s Note)
Arkansas Business’ FOIA request has divided the state’s highest court. That wasn’t what we’re after.
by Hunter Field -
HBCU Students Connect with Power Industry Leaders at Little Rock Career Summit
“The goal of the event is to hire students to work in the power industry here in Little Rock,” said MISO’s Brandon Morris.
by Kyle Massey -
Broderick Daniels on AI, Flex Jobs & the Future of HR
Daniels is responsible for managing the HR business partner and HR operations functions at Southern Bancorp.
Wing It Forward Pays It Forward
The chicken wings restaurant coming to Little Rock’s Riverdale area has an altruistic aim.
by Jan Cottingham -
Clark Contractors Wins $29M Deal to Build Artspace Campus in Little Rock’s East Village
This week’s million-dollar construction contracts and real estate transactions begins with the Artspace Windgate Campus in Little Rock’s East Village.
Ritter & Spool Raises $3M for New 45-Unit Apartment Complex in Rogers
It’s the latest project from High Street Real Estate & Development of Fayetteville, which was incorporated in 2016.
Parkwood Center Sells in $3.7M Transaction (Real Deals)
A 16,000-SF retail project in Little Rock weighed in at $3.7 million.
by George Waldon -
Northwest Arkansas Home Prices Surge as Equity Investors Move In
One company, HomeSource Property Management of Charlotte, North Carolina, owns about 200 homes for rent in Washington and Benton counties.
by Marty Cook -
Living Life to the Fullest in Hospice Care (Kim Shaffer Kirkman Commentary)
Making your end-of-life plans is a gift to your family and yourself.
by Kim Shaffer Kirkman -