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Financial experts examine mid-term elections’ effect on the stock market

With Election Day coming up in just over a month, people are beginning to wonder if the outcome of the election will affect the already volatile stock market. Financial advisor, Jake DeKinder says yes, it will have an impact – but so will hundreds of other things. DeKinder and Mark Gochnour, both of Dimensional Fund Advisors, spoke about the potential impact of the mid-term elections in a webinar on Friday made available locally to clients of Richard Young Associates of Augusta. “Is it going to have an impact? You betcha!”

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Consumer Stories

New Mexican eatery coming to Augusta

Miguel and Lupita Chavez are no novices when it comes to owning and operating a Mexican restaurant. The couple plans to launch their newest business venture in Augusta next week. The Chavezes, along with their sons, Brandon and Diego, are opening Lokos Tacos, which will be located at 2825 Washington Road in Fairway Square between B.B. Vape Co. and Mooney’s Shoes. It will replace Yosko Japanese Steakhouse, which is now located in Riverwood in Evans. Lupita said they opened their first restaurant, Habaneros Mexican Grill in Thomson, in 2010 and

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Consumer Stories

10th Street will become the site of the daylong block party

Last month, Manny Hatzis opened a sports bar on 10th Street. On Oct. 8, he, along with other restaurants on that street collaborated to plan a free outdoor event. Hatzis, owner of Manny’s Sports Off Broad, will be one of the hosts of the 10th Street Bazaar, a block party that will be held between Broad and Ellis Streets from 11 a.m. to 7 p.m. The event will feature street cooking and local artists, musicians, and vendors, such as Sweet Pea Soapery, Sage & Cedar Organics, and Black Rose Jewelry.

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Consumer Stories

After repairs, pet bakery and grooming business set to reopen Friday

After more than four months of waiting, planning, and rebuilding, a local business damaged by a car accident is ready to reopen its doors. Woof Gang Bakery & Grooming Augusta, located at 2701 Washington Road, Suite 22 in the National Hills Shopping Center, has announced its soft re-opening on Friday from 11 a.m. to 6 p.m. That day, customers can tour the facility, buy retail products, meet the staff and enter giveaways. For example, the first 50 people will receive Woof Gang Bakery treats for a year. No grooming services

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B2B Stories

Weinberger’s Furniture celebrates 90 years of serving CSRA

Half of all businesses fail within the first five years, and even more, are gone within 10 years, so making it to 90 years is definitely an event to celebrate. So Weinberger’s Furniture, a local family-owned business, is celebrating its 90th anniversary with the help of its customers. The company had a ribbon cutting and party on Thursday, Sept. 15. Karly Weinberger said they have also offered sales throughout much of this year. “Right now, we’re doing an anniversary sale,” she said. “Customers pay 90 percent of the sale price.”

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B2B Stories

Simon Says: Labor markets in Georgia, Augusta remain strong

Last week I reported that the Augusta Labor Market Index (LMI) was up 1.5 percent on an annual basis, but how does this stack up against other metro areas in Georgia? Better than it has in the recent past. The strongest labor markets in Georgia remain Atlanta and Savannah, increasing at 2.8 percent and 2.6 percent, respectively. The LMI for Georgia increased at 2.4 percent from a year ago, the same as in the first quarter of the year. Athens continues to have strong growth. Other metro areas that used

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B2B Stories

Mondays with Rick: The disconnect between the economy and the markets

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about the economy and what’s driving the financial markets. The interview has been edited for clarity and impact. ABD: We’re hearing some economic news that usually indicates strength but the financial markets are reacting as if things are bad. What is causing this disconnect? Rick: There are always some differences between the economy and the markets. Part of that is in the economy we

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Federal funds make Broad Street ‘Shark Tank’ possible in the near future

Augusta Technical College President, Dr. Jermaine Whirl envisions the development of a 12,000- to 15,000-square-foot small business incubator with a ‘Shark Tank’ feel in downtown Augusta and the funds are now available to make that happen. The Downtown Development Authority of Augusta has received $2.35 million in congressionally directed spending, with help from Sen. Raphael Warnock, to develop a microenterprise center, and that center will be created in partnership with Augusta Tech. The center will provide various resources to help both aspiring entrepreneurs and current business owners succeed. Whirl said

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