Powell signals higher interest rates. Here’s why Friday’s jobs report will affect Fed’s decision.
Federal Reserve Chairman Jerome Powell said this week that interest rate increases could be higher and come faster if Friday’s unemployment data shows the nation’s labor market isn’t cooling off. Stock indexes fell after his comments. That’s been a familiar pattern over the past year as the federal bank has tried to combat inflation. A […]
USDA to use outdoor recreation to boost economy around national forests, grasslands
WASHINGTON — The U.S. Department of Agriculture began planning this month to develop outdoor recreation opportunities near national forests and grasslands, part of a broader Biden administration push to help communities reap economic rewards from the growing recreation sector. Three USDA agencies — the U.S. Forest Service, the National Institute of Food and Agriculture and […]
$30-million Arkana Laboratories expansion to create Little Rock jobs
Little Rock-based Arkana Laboratories is launching a $30-million expansion project that will create 74 new positions by 2028. As the largest renal pathology lab in the country, Arkana Laboratories processes an estimated 40% of the country’s kidney biopsies. The company makes more than $30 million annually, and some of its best-known competitors include the Mayo […]