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Talks break down over Mississippi transportation spending

Mississippi House and Senate leaders publicly bickered but failed to agree on a transportation spending plan before a Monday night deadline, likely forcing the governor to call lawmakers back for a special session before the budget year begins July 1. Republicans control both chambers, so the fight does not pit one party against another. Instead, it is an argument that ...

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US stock indexes edge higher in early trading; Oil up

U.S. stock indexes edged higher in morning trading Tuesday, recovering after an early slide. Investors weighed the latest batch of company earnings and economic news. Banks and other financials stocks led the gainers, while phone company stocks were down the most. Energy stocks rose as oil prices were headed higher. KEEPING SCORE: The Dow Jones industrial average rose 38 points, ...

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Stocks pare their losses as health care companies climb

After falling sharply in the morning, U.S. stock indexes clawed back and were down only modestly in afternoon trading. A run higher for hospital stocks helped to stem losses for banks and other financial stocks. The dollar also pared its losses against other currencies. KEEPING SCORE: The Standard & Poor’s 500 index was down 3 points, or 0.1 percent, at ...

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Mississippi legislator calls budget ‘deliberate wreckage’

The Mississippi legislature inched toward a budget Sunday, after a contentious process the day before. Most major bills have yet to be hammered out in conference. The bills, known as “dummy bills” because they don’t have real dollar amounts attached to them, will theoretically be finalized by the time the legislature reconvenes Monday. It isn’t clear whether this means that ...

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Hood deposits $34M, lobbies for mental health spending

As budget writers try to stretch Mississippi’s cash to cover its needs, Attorney General Jim Hood is chipping in $34.4 million. The Democratic attorney general announced Thursday that he had deposited the winnings from lawsuits into the state’s general fund. Most of the money came from a $26 million settlement with credit rating agency Moody’s Corp. announced in January. Hood ...

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US stocks little changed as health care debate continues

U.S. stocks are treading water Thursday morning as investors wait for news about the fate of the Republican-backed health care bill, a centerpiece of President Donald Trump’s business-friendly agenda of cuts to taxes and regulations and greater infrastructure spending. Banks are pulling out of a recent slump as bond yields and interest rates rise while Alphabet, Google’s parent company, leads ...

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US stock indexes wobble; technology gains but energy slides

U.S. stocks are mixed Wednesday as technology companies rise while energy firms fall with the price of oil. Investors are reacting to another drop in bond yields by selling bank stocks and buying high-dividend utility companies. Major indexes are little changed. More stocks are down than up as the market comes off its biggest loss in five months. KEEPING SCORE: ...

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Global stocks mostly higher as oil recovers

Global stocks mostly rose and the dollar weakened on Tuesday as crude oil prices recovered following recent heavy losses. KEEPING SCORE: France’s CAC 40 added 0.4 percent to 5,033 and Germany’s DAX gained 0.1 percent to 12,068. Britain’s FTSE 100 edged 0.1 percent lower to 7,422. U.S. shares were set to advance with Dow futures trading up 0.1 percent and ...

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US stocks drift mostly lower in early afternoon trading

Major U.S. indexes are drifting mostly lower in early afternoon trading. Energy companies fell more than the rest of the market as crude oil prices dropped. Banks also moved lower. European markets fell after the British government said it will formally begin the process of leaving the European Union next week. KEEPING SCORE: The Standard & Poor’s 500 index lost ...

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Stocks remain firm after more strong US jobs figures

Stock markets remained firm Friday after another set of strong U.S. jobs figures cemented market expectations that the Federal Reserve will be confident enough about the state of the U.S. economy to raise interest rates again next week. KEEPING SCORE: In Europe, Germany’s DAX was up 0.6 percent at 12,052 while the CAC 40 in France rose 0.7 percent at ...

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