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Tag Archives: finance

IKE TROTTER: Protect yourself from identity theft

Whether they’re snatching your purse, diving into your dumpster, stealing your mail, or hacking into your computer, there are bad people out there. Who are they? Identity thieves. Identity thieves can empty your bank account, max out your credit cards, open accounts in your name, and purchase furniture, cars, and even homes on the basis of your credit history. If ...

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With S&P suit settled, Mississippi set to take on Moody’s over flawed investment ratings

By TED CARTER A recent big-dollar settlement with Standard & Poor’s over misleading ratings put on sub-prime mortgage-backed securities before the 2008 financial collapse has cleared the way for Mississippi and Connecticut to resume a similar case against Moody’s Ratings Service. The two states put their action against Moody’s on hold during settlement negotiations with S&P that resulted in a Feb. ...

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Mississippi lawmakers working on early version of budget

JACKSON — Mississippi legislators are working on early proposals to fund state government during the year that begins July 1. The House passed several budget bills Wednesday, including one that would add about $106 million to schools. The proposed education budget includes about $40 million to give pay raises to teachers. It would put tens of millions more dollars into ...

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MAKING DREAMS COME TRUE — Mississippi bankers see increase in young homebuyers

By BECKY GILLETTE With rent going up in many areas, and employment rising as the economy improves, home buying is beginning to improve in some areas of the state. “Lower rates are improving housing affordability relative to rents, and many of the recent applicants think this is a good time to buy,” said Scott Dickey, mortgage division president, BancorpSouth, Tupelo. ...

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Miss. House members reject state balanced budget amendment

JACKSON — Mississippi voters may not get a chance to vote on a constitutional amendment requiring a balanced state budget. The Mississippi House voted 75-44 on Tuesday, with a majority in favor of House Constitutional Resolution 22. But the measure failed because it didn’t reach the required two-thirds vote of the House. There’s a chance that House members could vote ...

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HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets

It is true that, as technology becomes more advanced, the world is getting smaller. Markets are becoming truly global. So you will be happy to know that both Mississippi and Louisiana each have organizations focused on promoting our products to the global marketplace. Each of these states has World Trade Center organizations, which are non-profits that are fully-licensed members of ...

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IKE TROTTER: lt’s time to get a handle on your budget

Do you often wonder about where your money goes each month? Does it seem like you’re never able to get ahead? If so, you may want to establish a budget to help you keep track of how you spend your money and help you reach your financial goals. Here’s a few first of the year ideas that might help you ...

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U.S. Treasury Department awards Mississippi more than $4.4 million in state small business credit initiative funds

The U.S. Treasury Department has awarded Mississippi more than $4.4 million in State Small Business Credit Initiative funds, which will be disbursed by the Mississippi Development Authority. The funds will assist the state’s small businesses with accessing the capital needed to grow and create jobs. To date, more than $13 million in SSBCI funds have been allotted to MDA to ...

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MURRAY HARBER: Business leaders discuss employer health, health care reform

E mployer health costs continue to rise year after year causing it to be larger line item and concern as the costs are affecting the bottom line. Health systems and providers are also seeing increase costs due to medical inflation and the requirement of the Patient Protection & Affordable Care Act (PPACA). All players in the US health system including ...

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