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Tag Archives: money

Study finds state’s revenue growth slowing

mississippi capitol

By BOBBY HARRISON Despite the fact that Gov. Phil Bryant and legislators have been struggling with declining tax revenue and budget cuts, Mississippi is one of 29 states where collections, when adjusted for inflation, have rebounded to new peaks since what is known as the Great Recession of 2008-09. A report by the Pew Charitable Trust, released earlier this month, ...

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Global stocks rally ahead of Fed and Bank of Japan meetings

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Global stock markets started the new trading week strongly Monday as investors appeared to put last week’s jitters behind them as they awaited the outcome of the latest policy meetings of the U.S. Federal Reserve and Bank of Japan later this week. KEEPING SCORE: In Europe, Britain’s FTSE 100 index of leading British shares was up 1.5 percent at 6,807 ...

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US, European shares slide, led by plunge in Deutsche Bank

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U.S. and European stocks were moderately lower in early trading Friday after Deutsche Bank said it wouldn’t settle with the Department of Justice over its role in the 2008 financial crisis. KEEPING SCORE: The Dow Jones industrial average lost 83 points, or 0.5 percent, to 18,129 as of 10:10 a.m. Eastern. The Standard & Poor’s 500 index lost 10 points, ...

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Stocks tumble as weaker forecast sends oil prices lower

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U.S. stocks are skidding Tuesday after the International Energy Agency said it expects slower growth in demand for oil this year. That’s pushing the price of oil down and sending energy companies lower. Banks and phone companies are also falling. KEEPING SCORE: The Dow Jones industrial average gave up 243 points, or 1.3 percent, to 18,149 as of noon Eastern ...

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BILL CRAWFORD: Are big money tax policies best for Mississippi?


As tax collections continue to falter, threatening more mid-year budget cuts, our legislative leaders scurry to shore up the brilliance of their tax cut agenda.    They brought in an “outside expert” to say they’re on the right track.    Nicole Kaeding, an economist with the Tax Foundation, told them that adding more consumption taxes and reducing corporate taxes is ...

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US stock indexes slide in morning trading; oil falls

stock market pricing abstract

U.S. stocks fell broadly in early trading Friday, pulled down by sharp declines in utilities and consumer-focused companies. Energy stocks also fell as the price of crude oil turned lower following a rally the day before. News that North Korea had conducted a nuclear test also weighed on the market. KEEPING SCORE: The Dow Jones industrial average fell 148 points, ...

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Adams County supervisors vote to give themselves pay raise


The Adams County Board of Supervisors has approved a $4,300 raise for themselves. The Natchez Democrat reports the board voted 3-2 in favor of the raise Tuesday. Supervisors, justice court judges, prosecuting attorney and board attorney will go from making $40,400 to $44,700 per year. The supervisors were eligible for the raise after the county’s total assets surpassed $300 million, ...

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Natchez officials hope casino can help with city’s cash woes

gaming gambling casino

Natchez city officials are asking Magnolia Bluffs Casino to pay one-quarter of its annual lease payment in advance so the city can pay employees and its bills on time. The Natchez Democrat reports that Ward 1 Alderwoman Joyce Arceneaux-Mathis told the Natchez Board of Aldermen at a Tuesday meeting the city does not have enough cash to pay employees or the ...

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US stocks veer lower in morning trading; oil dips

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U.S. stock indexes edged lower in morning trading Wednesday, weighed down by a slide in supermarket operators and other consumer-focused companies. Materials stocks also were among the big decliners. A sharp drop in hiring last month overshadowed a report Wednesday showing a pickup in job openings in July. KEEPING SCORE: The Dow Jones industrial average fell 51 points, or 0.3 ...

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Global stocks rise amid upbeat manufacturing data

world stocks

Global stocks mostly rose Thursday, buoyed by positive manufacturing data from China and Britain while investors await U.S. employment data later this week. KEEPING SCORE: Britain’s FTSE 100 was up 0.2 percent at 6,793 and Germany’s DAX rose 0.5 percent to 10,642. France’s CAC 40 was up 1 percent at 4,481. U.S. futures augured gains on the open on Wall ...

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