Tagged: Investments

Fed Cuts Rates for 3rd Time This Year

Fed Cuts Rates for 3rd Time This Year

Banking & Finance

The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won't likely cut again this year. read more >

US Economy Grows at Modest 1.9% Rate in 3Q

US Economy Grows at Modest 1.9% Rate in 3Q

Banking & Finance

The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. read more >

Super Chickens Reviving Big Name in Poultry

Super Chickens Reviving Big Name in Poultry

Cover Story

Blake Evans, the last CEO of Peterson Farms before selling all broiler operations to Simmons Foods Inc. of Siloam Springs in 2008, has hitched the family legacy to a new partnership: a startup headed by a co-founder of the meal-order service Blue Apron. read more >

Trade War Cuts Deep in Arkansas

Trade War Cuts Deep in Arkansas

TransportationCover Story

The U.S.-China trade war is being fought in the forests and mill towns of Arkansas as tariffs take their toll on the hardwood lumber industry. So far, state lumbermen say, they’ve been able to absorb most of the losses, but a day of reckoning is coming. read more >

Simmons First 3Q Profit Up 48%

Simmons First 3Q Profit Up 48%

Banking & Finance

Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $81.8 million, up 48 percent from the same quarter last year. read more >

Bank OZK Packs Little Rock With New Deposits

Bank OZK Packs Little Rock With New Deposits

Business ListBanking & Finance

Bank deposits in Arkansas grew by 6.5% in the 12-month period that ended June 30, outpacing the national growth rate of 4.2% and topping $70 billion for the first time, according to data released in September by the Federal Deposit Insurance Corp. read more >

U.S. Household Debt Reaches $13.67 Trillion

U.S. Household Debt Reaches $13.67 Trillion

Banking & FinanceHealth CareLegal

Household debt in the United States rose for the 19th straight quarter, reaching $13.67 trillion as of March 31. It’s now 7.8% or $993 billion higher than the previous peak of $12.68 trillion, reached in the third quarter of 2008. read more >