Home » NEWS » Money (page 20)

Money

US stocks near highest in a year on strong June jobs report

Stocks are rising Friday afternoon following a U.S. jobs report that was much stronger than expected. That was a relief for the market after a weak report for May made some investors worry the U.S. economy is slowing down. Stocks are on track for their highest finish in almost a year. KEEPING SCORE: The Dow Jones industrial average surged 249 ...

Read More »

Global stocks rise as central banks counter UK turmoil

Global stocks mostly rose Friday as authorities stepped in to ease the uncertainty surrounding the British vote to leave the European Union. Investors flocked to equities in the face of narrowing choices for investments amid low or negative interest rates on many bonds. KEEPING SCORE: Britain’s FTSE 100 was up 0.5 percent at 6,537 and Germany’s DAX added 0.3 percent ...

Read More »

LAW ELEVATED — Getting your company in shape for sale

How does a business owner prepare his or her company for sale? What steps in preparing for a sale are most important? When should preparations for sale begin? Is it worth the cost? These questions often vex business owners as they first consider a potential sale. While there is no one-size-fits-all approach, there are basic precepts to consider before beginning ...

Read More »

Stocks, pound fall again due to UK vote uncertainty

U.S. stocks indexes headed toward a sharply lower close in late-afternoon trading Monday, reflecting ongoing investor jitters over the fallout of Britain’s vote to leave the European Union. European stock markets extended their losses from Friday. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take ...

Read More »

Markets reel as world absorbs shock of UK vote for Brexit

» The Dow Jones industrial average dropped 611 points, or 3.4 percent, its biggest fall since August Britain has jumped. Now it is wildly searching for the parachute. The U.K.’s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking financial markets, toppling Prime Minister David Cameron and even threatening the ties ...

Read More »

Bryant taps deputy treasurer to be state finance director

A deputy state treasurer will become the new director of the Mississippi Department of Finance and Administration. Laura D. Jackson has more than 27 years’ experience in state government. Gov. Phil Bryant announced Thursday that he’s appointing her to succeed Kevin Upchurch, who’s retiring June 30. Jackson has been deputy treasurer since January 2012. Before that, she was bond advisory ...

Read More »

Houston voters approve tourism tax

Houston voters have approved a tourism tax by a roughly 50-vote margin. The Northeast Mississippi Daily Journal reports voters cast 435 ballots Tuesday for the proposed 2 percent tax and 196 voted against it for a 68.93 percent margin for the measure. The revenue referendum needed 60 percent approval to pass. This was Houston’s second attempt to pass the tax ...

Read More »

State gives $160,000 to Southern Miss Gulf Park campus

The Mississippi Department of Transportation has presented a $160,000 check to the University of Southern Mississippi Gulf Coast for improvement projects at the Gulf Park campus. The University Club accepted the check Tuesday in Hardy Hall on the Gulf Park campus in Long Beach. The Sun Herald reports the MDOT grant will provide a majority of funding for enhancements to ...

Read More »

Hood: Legislature can’t legally take some special funds

By BOBBY HARRISON / Daily Journal The uncertainty about the state budget for the quickly approaching new fiscal year, starting July 1, might have intensified, based on three official opinions recently issued by the office of Attorney General Jim Hood. The official opinions, issued upon the request of the Secretary of State’s office, the Torts Claims Board and for the AG’s ...

Read More »

Stocks fall before Fed meeting; LinkedIn soars on buyout

U.S. and global stocks were lower Monday, as investors waited to see what the Federal Reserve would do with interest rates later this week and awaited the fate of Britain’s membership in the European Union. LinkedIn shares jumped after Microsoft announced plans to buy the company. KEEPING SCORE: The Dow Jones industrial average lost 44 points, or 0.3 percent, to ...

Read More »