Business Blog

In Jackson, home prices, including distressed sales, increased by 3.8 percent in February 2013 compared to February 2012. On a month-over-month basis, home prices, including distressed sales, decreased by 1.2 percent in February 2013 compared to January 2013. Excluding distressed sales, year-over-year prices increased by 6.2 percent in February 2013 compared to February 2012. On [...]

Fuller picture of poverty: 49.7M poor people in US A different way of calculating America’s poor by taking into account medical costs and work-related expenses finds a higher total than the government’s official count. This measure is aimed at providing a fuller picture of poverty. It found there are 49.7 million poor people in the [...]

PASCAGOULA —  Huntington Ingalls Industries (NYSE:HII) announced today that the amphibious transport dock Arlington (LPD 24) returned from successful U.S. Navy acceptance sea trials on Friday. The company’s eighth ship in the LPD 17 class returned to Pascagoula following three days of at-sea demonstrations and testing. “We have now completed successful sea trials on eight LPDs, and our [...]

Last month, one of the biggest financial scandals in history came to light, involving many of the most pre-eminent banks in the world. But public reaction has been so muted that a Los Angeles Times columnist was compelled to ask, “Why aren’t more people furious about the Libor scandal?” In fact, people are. The news [...]

The explosive growth of the U.S. Hispanic population should be making consumer-products companies rich, but instead, it is leaving them confused. The U.S. Latino community, already a $1 trillion annual consumer market comprising 52 million people (out of a total U.S. population of 311 million), is on course to grow by another 50 percent in [...]