Posts Tagged ‘money’

Revving at right time? Road, bridge funding efforts gain traction

by Published: January 10,2014

Tags: bridges, Louisiana, Mississippi, money, Politics, safety, transportation

Last month, yet another group was in Mississippi raising the issue of the state’s crumbling roads and bridge and a lack of funding to repair them. TRIP, a Washington, D.C.-based national transportation organization, held a news conference in Jackson, giving some of the same numbers and figures touted by other groups pushing for more road […] [...]

Joint Legislative panel’s $5.86 billion budget leaves 2,000 jobs vacant

by Published: December 6,2013

Tags: Business, JACKSON, Mississippi, money, Politics

Who is the big spender here? The tag goes to Gov. Phil Bryant based on his $6.1 billion 2014 spending plan. In fairness to Bryant, Mississippi’s Joint Legislative Budget Committee was aware of an opportunity to undercut the governor and did just that when the Tate Reeves-led panel presented a $5.86 billion budget Tuesday morning. […] [...]

Q3 performance summaries bring good cheer to Mississippi bankers

by Published: December 6,2013

Tags: banking, Business, finance, Mississippi, money

Mississippi’s 86 FDIC-insured financial institutions turned profits in a third quarter that brought continued increases in net income, total assets and lending. Some good trends are developing – especially when weighed against the trouble and strife as recently as three years ago, said Odean Busby, chairman and CEO of Magee-based Priority One Bank and chairman […] [...]

Survey: Percentage of Coast families in poverty rising

MISSISSIPPI GULF COAST — The percentage of families living below the poverty line in South Mississippi is on the rise. That’s according to the latest numbers released from the U.S. Census Bureau’s American Community Survey. In Hancock County, where the numbers from 2007-09 showed 11.6 percent of families were living in poverty and that percentage […] [...]

Big grant — big goal: Funding looks to bring back manufacturing jobs

by Published: November 15,2013

Tags: Business, economy, Mississippi, money

The state is looking to recoup manufacturing jobs, and got good news lately with the announcement of the landing of a nearly $2 million federal grant. The U.S. Department of Labor awarded the grant to Mississippi State University and partners to fund projects to accelerate job creation and encourage reshoring of advanced manufacturing jobs that […] [...]

Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 […] [...]

TROTTER: Big spenders vs. big savers

by Published: June 28,2013

Tags: finance, Ike Trotter, money, saving, spending

You stand at your window and look across the street. Nice house, you think. Nice landscaping. Nice sports car. Nice driveway. New bikes for the kids. Wow, if only you had that kind of money . . . . On the other hand, the plain home down the street with the older model sedan parked […] [...]

New mayor: City ‘is in serious trouble’

ITTA BENA, Miss. (AP) — Thelma Collins becomes mayor of the town of Itta Bena on July 1. Along with the job, she inherits a $500,000 debt. “The city of Itta Bena is in serious trouble,” Collins told the Greenwood Commonwealth. If the issues are not resolved, she said, “all of us will be shut […] [...]

Audit finds circuit clerk owes more money

VICKSBURG — An unfinished 2012 audit of Warren County says Circuit Clerk Shelly Ashley-Palmertree owes the county more than previously thought and supervisors will ask for payback this week. The Vicksburg Post reports the five-member board will meet in special session to demand the clerk repay fees beyond the state-set cap for fee-based public officials. “We’re […] [...]

TROTTER: Spenders and savers are linked by asset conservation

For this article, we will discuss those areas of estate and financial planning for the age group I will refer as “age 50 and older.” Obviously, we’re dealing with a wide age span for people in this group that pairs those of the World War II generation along with the Baby Boomer generation that followed […] [...]

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