Business News

Apr 11

Visa and Mastercard Strike $30 Billion Deal to Cut Credit Card Fees, Despite Durbin's Bill Opposition

Visa and Mastercard have reached a landmark agreement estimated at $30 billion, intended to alleviate credit and debit card fees...

Apr 4

Visa, MasterCard Agree to Lower Swipe Fees in New $30 billion settlement

Visa and Mastercard have come to terms with an estimated $30 billion settlement aimed at reducing credit and debit card fees for...

Feb 29

Possible Fix for Louisiana's Insurance Crisis on the Horizon

Insurance Commissioner Tim Temple laid out changes to Louisiana insurance regulations that would allow insurers to raise rates more...

Feb 27

BREITBART: Roger Marshall, Dick Durbin Lobby Biden Admin to Weaponize Government Against Credit Card Bill Opponents

Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) are pushing the Biden administration to weaponize the federal government against...

Feb 22

Gov. Landry signs executive order killing ITEP job creation requirements

A new executive order signed by Gov. Jeff Landry removes past legislation requiring job creation in order to participate in the Louisiana...

Feb 13

MORNINGSTAR: Why We Expect Inflation to Fall in 2024

For now, it looks like inflation will return to normal without a recession. As we had expected, inflation fell sharply in 2023 after...

Feb 8

Chevron's Geismar Renewable Diesel Plant Expansion Receives $100 Million Bond Allocation

Monday, Governor Jeff Landry announced a $100 million bond allocation for the expansion project at Chevron’s Geismar Renewable Diesel...

Feb 8

Lawmakers seek answers about the sale of Blue Cross Blue Shield to Elevance

Lawmakers questioned insurance regulators about the proposed sale of Blue Cross Blue Shield Louisiana to Elevance in a grueling eight...

Jan 25

How your Credit Card Points Could Be Impacted in an Effort to Cut Fees for Consumers

In the credit card industry, VISA and MasterCard are king. For every swipe of your card, a certain percentage is charged to the retailer...

Nov 20, 2023

Why is Louisiana's $113M Stimulus Money for Small Businesses Stuck in Red Tape?

Louisiana's economic development agency is mired in red tape and falling behind its peers in distributing a $113 million pot of federal...

Nov 1, 2023

Apple to post fourth consecutive quarterly sales decline Thursday

Apple is expected to post its fourth consecutive quarterly revenue decline when it reports earnings after the bell Thursday. Wall Street...

Sep 29, 2023

Foundation for Economic Education: The Credit Card Competition Act declines to protect consumers

Thanks to sky-high inflation , credit card delinquency has risen this month to its highest rate in over 10 years. Rather than helping to...