Jim Kordsmeier

Business Editor501-399-3655501-399-3655jkordsmeier@adgnewsroom.com

Business Editor

Recent stories by Jim Kordsmeier

Consumers showing drop in confidence WASHINGTON -- U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they've been about the future in ... June 29, 2022

News in brief HD Commission to meet ThursdayThe Hot Springs Historic District Commission will meet at 8:30 a.m. Thursday at City Hall, 133 Convention Blvd., and Ralph Wilcox with the Arkansas Historic Preservation ... June 15, 2022

News in brief Fertilizer prices in U.S. down by 30%Fertilizer prices that had hit record highs are now plunging as buyers reel from sticker shock, but that doesn't mean the market squeeze is over.The June spot ... May 28, 2022

News in brief Walmart tests storemanager fast trackWalmart Inc. is testing a program this summer that will put recent college graduates and students who are close to graduation on a fast track to becoming store man... May 24, 2022

Migration drop seen in inflation Just 10 miles from the Rio Grande, Mike Helle's farm is so short of immigrant workers that he's replaced 450 acres of labor-intensive leafy greens with crops that can be harvested by machinery... May 10, 2022

Orlando makes pitch as business destination ORLANDO, Fla. -- It's an idea that almost seems as compatible as Mickey and Minnie. Take the tens of millions of tourists who are thinking about visiting central Florida's theme parks each yea... May 10, 2022

U.S. lifts tariffs on Ukraine steel The Biden administration announced it is lifting tariffs on Ukrainian steel for one year, a mostly symbolic move by the U.S. to help the the war-torn country's economy.The duties being suspended w... May 10, 2022

JCPenney owners bid for Kohl’s Simon Property Group and Brookfield Asset Management are offering to acquire retailer Kohl's in a deal that would be worth more than $8.6 billion, according to a report in the New York Post.Simon ... April 26, 2022

30-year mortgage rises to 5.11% Data released Thursday by Freddie Mac show the average 30-year fixed-rate mortgage increased this week for the seventh week in a row, rising to 5.11% with an average 0.8 point. (A point is a fee paid ... April 22, 2022

News in brief Walton kin buyingWalmart propertiesSteuart Walton and Tom Walton are buying Walmart Inc.'s current Bentonville headquarters buildings and nearby parcels of land for about $60 million, their compan... April 19, 2022