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Adams County officials agree to pay missing retirement funds

Adams County supervisors have agreed to pay retirement benefits to former hospital employees. The Natchez Democra reports that the Adams County Board of Supervisors agreed on Monday to pay the Mississippi Public Employee Retirement System nearly $450,000. The decision has come two years after the Natchez Regional Medical Center filed for bankruptcy and missed payments to PERS. Medical center employees ...

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Fitch puts stable outlook on state bond refinancing

Ratings agency leaves ‘negative’ outlook in place for other debt   By TED CARTER Successful refinancing of $226.5 million in general obligation bonds in the next few days could erase a $14 million debt-service deficit legislators failed to address in their last session. The refinancing would apply to general obligation bonds issued in previous years. The state’s hopes for a ...

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Mississippi’s Hood asks court to legalize online sales tax

Mississippi’s attorney general is signing up for a court challenge to overturn a federal ban of online sales taxes. Jim Hood said Monday that he and 10 other attorneys general have filed a friend-of-the-court brief asking the U.S. Supreme Court to overturn a 1992 decision in a North Dakota case that bars states from collecting sales taxes on internet purchases. ...

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US stocks close broadly higher as investors eye election

Investors remained in a buying mood on Election Day, sending U.S. stocks broadly higher and building on big gains from a day earlier. Safe-play stocks such as utilities and phone companies were among the biggest gainers Tuesday. Energy companies were essentially flat. Investors focused on the U.S. presidential election, which rattled financial markets in recent weeks as polls between Hillary ...

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US stocks sharply higher in afternoon trading; oil rises

U.S. stocks surged in afternoon trading Monday, putting the market on course to snap a nine-day losing streak. Financial and health care stocks led the broad rally, as investors focused on the latest turns in the presidential race in the final hours before Election Day. The FBI announced late Sunday that its review of newly discovered Hillary Clinton emails found ...

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D.C.-based tax policy group has ear of legislative leaders

By BOBBY HARRISON The study committee formed in the summer by House Speaker Philip Gunn and Lt. Gov. Tate Reeves to make recommendations to the full Legislature on possible changes to the state tax structure apparently will depend on the Washington D.C.-based Tax Foundation for most of its information. The specially appointed committee, consisting of legislators and a representative of Gov. ...

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Global stocks mixed over US presidential race concerns

Global stock markets were mixed Thursday, bogged down by concerns over the outcome of next week’s U.S. presidential election and ahead of the Bank of England’s policy meeting. KEEPING SCORE: In Europe, Germany’s DAX dipped 0.05 percent to 10,365.37 in early trading, while France’s CAC 40 was up 0.3 percent at 4,426.42. Britain’s FTSE 100 edged 0.2 percent higher to ...

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Stocks struggle again as investors eye 2016 election

Stocks were on pace for a seventh consecutive day of losses on Wednesday, as worries over the U.S. presidential election and weaker oil prices shook investor confidence. The Federal Reserve left interest rates unchanged, but suggested that it was moving closer to raising them. KEEPING SCORE: The Dow Jones industrial average lost 49 points, or 0.3 percent, to 17,987 as ...

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After an early gain fades, stocks move lower at midday

Stocks were moderately lower on Tuesday as nervous investors continued to monitor the run-up to the 2016 election and wait for news from the Federal Reserve, which concludes a two-day policy meeting on Wednesday. KEEPING SCORE: The Dow Jones industrial average lost 74 points, or 0.4 percent, to 18,068 as of 12:15 p.m. Eastern. The Standard & Poor’s 500 index ...

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Stocks are flat in morning trade as US election looms

Stocks are flat to slightly higher in morning trading on Monday, helped by positive economic data and investors reacting positively to a series of big mergers announced over the weekend. Investors also continue to watch the day-to-day developments of the U.S. presidential election, which is slightly more than a week away. KEEPING SCORE: The Dow Jones industrial average fell three ...

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