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Economy

Farmers’ loyalty to Trump tested over new corn-ethanol rules

When President Donald Trump levied tariffs on China that scrambled global markets, farmer Randy Miller was willing to absorb the financial hit. Even as the soybeans in his fields about an hour south of Des Moines became less valuable, Miller saw long-term promise in Trump’s efforts to rebalance America’s trade relationship with Beijing. “The farmer plays the long game,” said ...

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Cash cow on a cul de sac — Oxford homes getting top rental rates for Ole Miss football weekends

Hotel market inventory finally meeting demand     By TED CARTER Home is where the heart is, but it’s also where the money is for Oxford residents willing to rent out their pads on Ole Miss football weekends. Accommodating the lodging needs of out-of-town game-goers is so popular, in fact, that the short-term rental Web-based operator Vrbo has designated the ...

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Queen agrees to suspend UK Parliament

Queen Elizabeth II has approved the U.K. government’s request to suspend Parliament amid a growing crisis over Brexit. The move was not unexpected, as the monarch has steadfastly refused to get involved in politics throughout her long reign. Prime Minister Boris Johnson spoke to the queen on Wednesday to request an end to the current Parliament session in September. Opposition ...

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BILL CRAWFORD — Taylor says skills training should begin in 8th grade

“The paradigm of get a job and we will train you is gone,” says Louisville’s Lex Taylor. He is talking to a large multi-county group of business, education, and government leaders at the The Dome, Louisville’s new community safe room. Understand that Taylor is no common businessman. He is the third-generation leader of one of Mississippi’s great rural industry successes. ...

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US stocks fall sharply as US-China trade war escalates

Stocks tumbled on Wall Street after President Donald Trump said he “hereby ordered” U.S. companies to consider alternatives to doing business in China. He also said he would respond to Beijing’s latest tariff increase later Friday. The Dow Jones Industrial Average sank nearly 500 points after the president made the announcements on Twitter. Trump also said he was “ordering” UPS, ...

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Stennis Space Center a “hidden wonder” home to major advanced technology developments

By BECKY GILLETTE Most people traveling along Interstate 10 in coastal Mississippi have little idea of the large federal city located north of the interstate. People come out of the pine trees to the sprawling campus of Stennis Space Center, an economic powerhouse estimated to have contributed more than $917 million during the most recent fiscal year to the economies ...

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Solid earnings from major US retailers drive stocks higher

U.S. stocks marched broadly higher in early trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Target and Lowe’s surged, leading a rally in retail stocks, as the market bounced back from its first loss in four days. Technology companies accounted for a big share of the market’s gains. Microsoft gained 1.3% and Apple ...

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US stocks fall, giving up some ground after 3 straight gains

U.S. stocks moved broadly lower in early trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields. Banks drove much of the selling as investors reacted to the decline in yields. The 10-year Treasury note slipped to 1.54% from 1.59% late Monday. When bond yields fall, it pulls down the interest rates that ...

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Mississippi prevented-planting acreage for 2019 sets record

By JACK WEATHERLY Mississippi has set a record this year for crop acreage that was not planted because of natural causes. Six hundred and 22 thousand acres were not planted, primarily because of heavy rains and flooding. The previous record was 450,898 in 2016, according to Dr. Josh Maples, assistant professor of agricultural economics at Mississippi State University who tracks data ...

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Tech and financial stocks help drive US stocks higher

Stocks marched broadly higher on Wall Street in early trading Monday, building on solid gains for the market after a rally late last week. Technology stocks accounted for a big share of the gains after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmaker Nvidia rose 4.8%. Financial stocks also rose as ...

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