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Tag Archives: money

Mississippi lawmakers gear up for final weeks of budgeting

Mississippi lawmakers are turning their attention to one of their biggest jobs this session — deciding how to spend taxpayers’ money. They will plug some holes in the budget for the year that ends June 30. And, they will set new spending levels for fiscal 2018, which begins July 1. The deadline to agree on budgets is in late March. ...

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3 chances for lottery, but all could fizzle in House

The Mississippi House could have multiple ways to vote on creating a lottery in the next several days. But Speaker Philip Gunn opposes the game of chance and the proposals could die without ever coming up for debate. Democratic Rep. Steve Holland of Plantersville has tried to amend two bills to add a lottery. House Bill 967 would regulate and ...

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US stocks jump following strong January jobs report

U.S. stocks are climbing Friday morning after the government said employers stepped up their hiring last month, another positive sign for the U.S. economy. The biggest gains are going to small-company stocks, which stand to benefit from a pickup in the economy. Banks rose sharply after President Trump took a first step toward scaling back financial industry regulations. Major stock ...

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Study concludes state losing up to $122 million by not taxing remote sales

By BOBBY HARRISON / Daily Journal Mississippi lost between $105.6 million and $122.7 million in tax revenue in 2016 by people making remote purchases, such as through catalogs or on the internet, where they did not have to pay taxes, according to a new study by the University Research Center. Of that lost revenue, between $56.4 million and $67.8 million was ...

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US stock indexes edge higher in early trading; oil rising

U.S. stock indexes edged higher in early trading Thursday, extending gains a day after the Dow Jones industrial average closed above 20,000 for the first time. Energy stocks rose more than the rest of the market as the price of crude oil headed higher. Investors had their eye on the latest crop of company earnings. KEEPING SCORE: The Dow gained ...

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US stock indexes mixed; bond yields and dollar climb again

U.S. stock indexes were mixed in a listless morning of trading Wednesday, while bond yields and the dollar moved higher again. KEEPING SCORE: The Standard & Poor’s 500 index was up 2 points, or 0.1 percent, to 2,270 as of 10:35 a.m. Eastern time. The Dow Jones industrial average was down 3 points, or less than 0.1 percent, to 19,824. ...

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HELP WANTED: Account executive for the Mississippi Business Journal

The Mississippi Business Journal is seeking a qualified account executive to sell and service our print and digital advertising clients.  You will be working with our existing accounts, as well as prospecting for new clients, and you must be comfortable on both personal and telephone presentations. We’re seeking someone who has at least some experience in business-to-business sales.  The right ...

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Gunn puts campaign finance bill on fast track

By BOBBY HARRISON Speaker Philip Gunn, R-Clinton, has placed on the fast track legislation attempting to prevent political candidates from using campaign finance funds for personal use. Similar legislation was killed during the 2016 session in the House at some personal embarrassment to Gunn. But on Wednesday, the legislation bearing the speaker’s name as the primary author passed the House by ...

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US stock indexes shift mostly higher in afternoon trading

Health care companies led the major U.S. stock indexes mostly higher in afternoon trading Tuesday, as the market gave up some of its gains from earlier in the day. Consumer goods and financial stocks also rose, while real estate companies were the biggest laggard. Crude oil prices headed lower. KEEPING SCORE: The Dow Jones industrial average slipped 27 points, or ...

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Analysis: Mississippi lawmakers face gaps in current budget

Mississippi lawmakers’ biggest task every session is writing a state budget for the coming year. A smaller but equally important task is deciding whether to fill budget gaps for the current year. The Legislative Budget Office says agencies have submitted $101.1 million in deficit requests for fiscal 2017, which ends June 30. That is 1.6 percent of the state-funded portion ...

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