The Trump administration is allocating more than 400-million dollars in additional federal funding to Historically Black Colleges and Universities. Grambling University President Dr. Martin Lemelle says money would be used to upgrade facilities and programs to ensure students’ academic success.
Cut 12 (11) “…opportunity to succeed.”
The money is being redirected from other grants, mostly from the government’s Hispanic-Serving Institution program.
The Federal Reserve dropped interest rates by a quarter point this week but that doesn’t mean consumers’ interest rates are dropping. LSU Professor of finance, Rajesh Narayanan (rah-JESH na-RYE-an), says the Fed sets the interest rates that impact the rates that banks charge to borrow from one another.
Cut 14 (10) “…by credit risk.”
Jefferson Parish is the first parish in Louisiana to receive a Class 3 flood protection rating from FEMA, which means a larger flood insurance premium discount for thousands in unincorporated parts of the parish. Andre Champagne has more.
Cut 2 (32) “…I’m Andre Champagne.”
Lieutenant Governor Billy Nungesser is in Canada this week with state and local tourism officials trying to promote travel to Louisiana, but he’s finding Canadians are not interested in leisure trips to the United States because of President Trump’s previous statements and actions.