A St. Louis Federal Reserve economist said recent movements in several housing indicators, including mortgage rates, existing home sales, real house prices and the momentum of residential investment, could suggest another housing downturn may be on the horizon. In a recent report on the U.S. housing market, William Emmons, assistant...
The Walton Family Foundation is providing financial assistance that will help Northwest Arkansas’ fledgling Urban Land Institute (ULI) chapter hire its first full-time employee ULI Oklahoma, which serves members in Oklahoma and Northwest Arkansas, will expand its reach in the state as a result of the Walton grant to the...
Have an idea for a business that would spur tourism in Arkansas? Now is the chance to pitch that idea. Arkansas Tourism, in partnership with Innovate Arkansas, is accepting applications for Ark Tank, a startup pitch competition to be held Feb. 26 the Hot Springs Convention Center in conjunction with...
Gov. Asa Hutchinson announced his intent to appoint Scott Willhite of Jonesboro to the Arkansas Workers’ Compensation Commission (AWCC). Willhite will serve as the labor commissioner and will replace outgoing Commissioner Philip Hood. AWCC commissioners are appointed to 6-year terms. “The Workers’ Compensation Commission provides vital services for our hard-working...
An $867 billion federal Farm Bill was signed into law by President Donald Trump on Thursday (Dec. 20) as several Arkansas agricultural supporters were on-hand for the bill signing, including U.S. Sen. John Boozman, R-Ark. The five-year federal agricultural policy and spending measure includes a provision that legalizes industrial hemp...
Fort Smith voters will decide on March 12 whether or not there will be a nine-month, non-renewable, one-cent city sales tax to benefit the U.S. Marshals Museum. The Fort Smith Board of Directors voted 6-1 at the regular board meeting Tuesday (Dec. 18) night to approve an ordinance calling for...
As the Trump administration’s trade war with China continues, U.S. Secretary of Agriculture Sonny Perdue announced Monday (Dec. 17) that the federal government has launched the second and final round of trade mitigation payments aimed at assisting farmers suffering from damage due to trade levies imposed by foreign countries...
The U.S. Department of Commerce announced that Winrock International has been awarded a $576,302 grant for the Innovation Fund (I-Fund) through the Economic Development Administration’s Regional Innovation Strategies (RIS) program. “Entrepreneurs use their skills and creativity to turn ideas into successful businesses serving customers in their local communities and beyond,”...
Fayetteville-based clothing startup LIVSN Designs has started to produce its wool fleece and canvas pants after 511 people supported a crowdfunded Kickstarter campaign, netting $78,579 and exceeding the amount required for production to begin. Seven days into the 30-day campaign, the company reached its $30,000 goal, and during the campaign,...
Six-screen movie theater Skylight Cinema in downtown Bentonville exceeded expectations in its first year by nearly 15%, not including screenings during the Bentonville Film Festival and private events, said Jared Addison, general manager. The five-auditorium, 363-seat theater with a full-service restaurant and bar opened Nov. 9, 2017. The theater sold...