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Wednesday, September 28, 2016, 5:16 a.m.
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David Smith

Photo of David Smith

Business reporter

Business reporter

Recent Stories by David Smith

3 banks in state 'outstanding' in efficiency

posted: 09/25/2016 2:21 a.m. Discuss

Most banks are considered to be efficient if they operate with an efficiency ratio of 50 percent, said Randy Dennis, president of Little Rock bank consulting firm DD&F Consulting Group.

CARTI's financial woes get appraisal

posted: 09/24/2016 4:10 a.m. Comments 2

CARTI in Little Rock has hired a Baltimore consultant to help it address serious financial problems, the facility's top executive said Friday.

Bank in money trouble is closed

posted: 09/24/2016 2:14 a.m. Comment 1

Allied Bank of Mulberry, which had been in financial trouble since 2012 when it was sanctioned by the Federal Reserve, was closed Friday by the Arkansas State Bank Department.

State's jobless rate 10th lowest in U.S.

posted: 09/21/2016 2:13 a.m. Discuss

Arkansas' unemployment rate remained unchanged at 3.9 percent in August, the fifth straight month it has been below 4 percent, the U.S. Bureau of Labor Statistics said Tuesday.

NBC financial editor to speak at Senior Expo

posted: 09/18/2016 2:25 a.m. Discuss

Jean Chatzky, the longtime financial editor for NBC's Today Show and a personal finance editor for 25 years, wrote the handbook Money Rules: The Simple Path to Lifelong Security in 2012.

County vacancy rate 7.4% for apartments

posted: 09/17/2016 1:50 a.m. Discuss

Apartment vacancies in Pulaski County dropped to 7.4 percent in the second quarter, down from 8.1 percent in the second quarter last year, according to The Multifamily Group, which follows the Pulaski County apartment market.

State slips to No. 49 on median income

updated: 09/16/2016 4:18 a.m. Comments 45

Arkansas' median household income was the second-lowest in the country last year, according to the U.S. Census Bureau's American Community Survey released Thursday.

Little Rock rent rise at No. 15 in U.S.

posted: 09/14/2016 5:45 a.m. Discuss

The Little Rock metropolitan area had the 15th highest increase in single family home rental rates in the country in the second quarter, according to a firm that tracks the housing industry.

Former North Little Rock photo archivist John Rogers draws U.S. fraud count

posted: 09/13/2016 5:45 a.m. Discuss

John Rogers, the former photo archivist from North Little Rock, faces a felony wire fraud charge brought Friday by the U.S. attorney for the Northern District of Illinois.

Sun Paper coming, state says others now intrigued

posted: 09/10/2016 1:49 a.m. Discuss

The success of landing Chinese firm Sun Paper's $1 billion pulp mill near Arkadelphia in April has helped Arkansas line up other international business prospects, executives with the state's economic development commission said Friday.




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