NEW ORLEANS (AP) - Uncertain could be the perfect word to describe Louisiana's economy entering the new year. The state took a wild ride in 2010 with major successes - such as nabbing a major steel plant - and chilling setbacks, including a sharp slowdown in petroleum activity after the... more »
For the first time in more than a decade, the state ended it's budget year in the red. The 108 million dollar deficit has to be made up somehow, so lawmakers are looking at cutting money to higher education.
This isn't the first time students are hearing about budget... more »
The latest U.S. Census figures show poverty rates across the country have risen sharply since last year leaping from 13.2% to 14.3%.
According to government reports, Louisiana has consistently had some of the highest poverty rates in the country.
The most recent study reported Louisiana having a rate... more »
NEW ORLEANS (AP) - In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there's very little that the state can do: The tally is due to the Obama administration... more »
One month ago President Obama announced the expansion of offshore drilling, but in the wake of this week’s disaster, the president had a change of heart depending on what caused the massive oil spill.
"We are going to make sure that any leases going forward have those safeguards,”... more »
In today's economy small business owners struggle more than ever to maintain-- and especially to start-- their businesses.
Rising costs of supplies and a lack of customers are among the many issues that have lead to business owners fearing the future.
Senator Mary Landrieu's Committee on Small Business... more »