Home » Tag Archives: money (page 3)

Tag Archives: money

9 years after recession began, Mississippi economy still stalled

Call them the unrecovered — a handful of states where job markets, nine years later, are still struggling back to where they were before the recession. That’s true in Mississippi, where job numbers and the overall size of the economy remain below 2008 levels. Unlike states that have long since sprinted ahead, Mississippi is struggling with slow economic growth and ...

Read More »

March and April lead to rebound in state revenue

By BOBBY HARRISON / Daily Journal Personal income tax collections for April – an astounding 36 percent above the amount collected in April 2016 – have played a key role in helping state tax revenue recover for the current fiscal year. For much of the fiscal year, which ends June 30, the state was collecting less in revenue than it ...

Read More »

Nearly $74K paid in legal fees in Mississippi election spat

The Mississippi public has paid nearly $74,000 to defend legislators in a federal lawsuit by voters who say they were disenfranchised in a state House race that went to a tiebreaker and was later flipped, according to records obtained by The Associated Press. Five-term Democratic incumbent Bo Eaton won the tiebreaker in a drawing of straws overseen by the secretary ...

Read More »

Most Mississippi agencies banned from car purchases for year

Most Mississippi government agencies will be banned from buying vehicles for a year, as a way to save money in a tight budget. The vehicle moratorium is in House Bill 938 . Republican Gov. Phil Bryant signed the bill April 6, and it becomes law July 1. A few exceptions will be allowed. The Department of Child Protective Services, which ...

Read More »

US stock indexes slide in afternoon trading; oil rebounds

U.S. stocks edged lower in late-afternoon trading Tuesday, led by declines in banks and technology companies. Real estate stocks notched the biggest gains. Bond yields fell and the price of gold rose as investors monitored heightened geopolitical tensions. Oil prices recovered after an early slide. KEEPING SCORE: The Standard & Poor’s 500 index fell 7 points, or 0.3 percent, to ...

Read More »

State finally has good month of collections

By BOBBY HARRISON / Daily Journal State revenue collections, which have been sluggish for more than a year, spiked in March even as the Legislature was ending the 2017 session by making major budget cuts because of those ongoing revenue woes. Collections for the month of March were $52.4 million or 12.5 percent above the official estimate, according to information ...

Read More »

US stocks surge early after strong private payroll report

U.S. stocks are jumping Wednesday morning after a survey of private businesses showed that hiring was very strong last month. Panera Bread is climbing after the sandwich and soup chain agreed to be bought by European conglomerate JAB for more than $7 billion. Companies that are tightly linked to the performance of the economy, including transportation companies and smaller domestic ...

Read More »

US stocks climb after strong private payroll report

U.S. stocks are climbing Wednesday after a survey of private businesses showed that hiring was very strong last month. That was a relief to investors, who were worried about spending after a weak report on auto sales earlier this week. Energy and basic materials companies are making some of the biggest gains, and the Nasdaq composite is on track for ...

Read More »

Lawmakers say Bryant can use another $50M to cover deficits

Mississippi lawmakers are giving Gov. Phil Bryant permission to withdraw another $50 million from state reserves to cover deficits in the budget year that ends June 30. The House and Senate Tuesday approved Senate Bill 2649 and sent it to Bryant, who is expected to sign it. Bryant has cut $171 million from the state budget since July. He has also withdrawn ...

Read More »

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, ...

Read More »