New Orleans Criminal Court

August 27, 2018

Credit rating improves with budget deal

Borrowing money for things like road projects and other infrastructure needs got a little easier and less expensive for the state last week after the Standard & Poor ratings agency upgraded Louisiana’s credit outlook from “negative” to “stable.”

Number of the Day

41 - Additional days a person would have to work in 2018 at the federal $7.25 per hour minimum wage to have the same earning power as a minimum wage worker in 2009. (Source: Forbes)