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Tag Archives: money

D.C.-based tax policy group has ear of legislative leaders

By BOBBY HARRISON The study committee formed in the summer by House Speaker Philip Gunn and Lt. Gov. Tate Reeves to make recommendations to the full Legislature on possible changes to the state tax structure apparently will depend on the Washington D.C.-based Tax Foundation for most of its information. The specially appointed committee, consisting of legislators and a representative of Gov. ...

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After an early gain fades, stocks move lower at midday

Stocks were moderately lower on Tuesday as nervous investors continued to monitor the run-up to the 2016 election and wait for news from the Federal Reserve, which concludes a two-day policy meeting on Wednesday. KEEPING SCORE: The Dow Jones industrial average lost 74 points, or 0.4 percent, to 18,068 as of 12:15 p.m. Eastern. The Standard & Poor’s 500 index ...

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Stocks are flat in morning trade as US election looms

Stocks are flat to slightly higher in morning trading on Monday, helped by positive economic data and investors reacting positively to a series of big mergers announced over the weekend. Investors also continue to watch the day-to-day developments of the U.S. presidential election, which is slightly more than a week away. KEEPING SCORE: The Dow Jones industrial average fell three ...

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Global stocks steady, dollar rises ahead of US GDP data

Global stock markets were steady and the dollar made further gains Friday ahead of a report on U.S. economic growth in July-September. KEEPING SCORE: Germany’s DAX edged down 0.3 percent to 10,687 while Britain’s FTSE 100 was flat at 6,986. France’s CAC 40 rose 0.3 percent to 4,545. U.S. shares were set to drift slightly higher, with Dow and S&P ...

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US stocks tick lower as industrial companies skid

U.S. stocks are edging lower Thursday morning as industrial companies like defense contractor Raytheon fall. Bond yields are jumping and investors are selling utility and real estate companies. Chipmaker Qualcomm said it will buy competitor NXP Semiconductors for $38 billion. KEEPING SCORE: The Dow Jones industrial average lost 17 points, or 0.1 percent, to 18,182 as of 10:38 a.m. Eastern ...

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Stocks drop on expectations of less central bank stimulus

World stocks mostly fell Monday as a broad rise in government bond yields suggested investors are expecting less central bank stimulus and higher interest rates than before. KEEPING SCORE: France’s CAC 40 slipped 0.2 percent to 4,460 and Germany’s DAX was down 0.3 percent to 10,545. Britain’s FTSE 100 fell 0.6 percent to 6,970. U.S. shares were set to drift ...

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Partisan divide shapes Mississippi budget discussions

Mississippi lawmakers are on separate tracks as they discuss state taxes and spending, with divisions defined largely by political party. During different meetings Wednesday at the Capitol, a group consisting mostly of Republicans looked for ways to trim the budget, while Democrats heard from a researcher who recommended Medicaid expansion and more education spending to close the gap between rich ...

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Treasurer running unclaimed property booth at state fair

Mississippi State Fair checklist: Ride the Ferris wheel, eat some greasy food, check for free money. State Treasurer Lynn Fitch says her office will operate a booth at the fair so people can see if they have unclaimed money or property that’s being held by the state. The fair runs Wednesday through Oct. 16 on the State Fairgrounds in Jackson. ...

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Audit: Take back $3.4M in FEMA money from Mississippi school

Auditors say the Federal Emergency Management Agency should take back nearly all of $3.5 million in grants approved for a church-run school in coastal Mississippi after Hurricane Katrina, though a school official says it actually received $2.8 million. FEMA lacked adequate policies to prevent an “unaccredited and unlicensed non-public school” from getting federal money, the Department of Homeland Security inspector ...

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Who funds campaigns? Mississippi eases into searchable info

Mississippi is becoming the last state to allow electronic filing of campaign finance reports, a step toward easier public access to information about who is spending money to influence elections. The National Institute on Money in State Politics says all other states already had either mandatory or voluntary electronic filing of finance reports. Mississippi Secretary of State Delbert Hosemann launched ...

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