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SHAD WHITE — Public sector fraud provides lessons for businesses

My office just finished two large reports, one being our yearly audit of federal money flowing through Mississippi and the other a review of all the investigations we’ve completed in the year that I’ve been State Auditor. The takeaway from both is that theft of public money and the lack of controls to prevent fraud are still big problems in ...

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BECKY GILLETTE — Immigration arrests at poultry plants were a disaster

This past week there were the kind of emergency food drives in Central Mississippi normally reserved for disasters like tornadoes and hurricanes. In this case, the disaster was immigration raids that resulted in the arrests of 680 people while they were at work at poultry processing plants in the area. About 600 agents from Immigrations and Customs Enforcement (ICE) armed ...

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Stocks move broadly lower as trade war anxiety lingers

Banks and technology companies drove a broad slide in stocks on Wall Street Monday afternoon that knocked the Dow Jones Industrial Average more than 300 points lower. The sell-off adds to losses that the market racked up last week amid heightened anxiety over the U.S. China-trade war. Investors are coming off of a week of wild swings that ended in ...

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Stocks edge lower to put market on track for weekly loss

Stocks moved broadly lower in early trading On Wall Street Friday as investors again retreated to safer holdings in a market racked by fear and anxiety over trade disputes. The week has been especially turbulent as investors and central banks react to the escalating trade war between the U.S. and China. The lingering conflict looms large over the prospects for ...

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Stocks move higher as investors push through trade anxiety

Stocks moved broadly higher on Wall Street early Thursday as investors tried to shake off several days of volatile trading brought on by escalations in the U.S.-China trade war. Investors snapped up technology stocks in a signal that they are more willing to take on some risk after several days of fleeing to safer holdings, such as bonds. Microsoft rose ...

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Stocks slide as rate cuts stoke fear of an economic slowdown

U.S. stocks tumbled in early trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. Every major U.S. index fell in the early going, putting stocks back on a course for losses after briefly breaking a six-day losing streak on Tuesday. Investors were back in ...

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US stocks claw back lost ground as China stabilizes currency

Stocks bounced back in early trading Tuesday on Wall Street, a day after their worst loss of the year, as China eased some of the pressure in its trade war with the U.S. by stabilizing its currency. Technology stocks led the market higher in a reversal of Monday’s slump, when they bore the brunt of the market sell-off that pushed ...

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US stock indexes slide as China’s currency hits 11-year low

U.S. stocks nosedived in early trading on Wall Street Monday as China’s currency fell sharply and stoked fears that the trade war between the world’s two largest economies would continue escalating. China let its currency, the yuan, sink to an 11-year low against the dollar and under the politically sensitive level of seven per dollar. A weaker Chinese currency can ...

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US stocks fall again, joining worldwide sell-off, on tariffs

NEW YORK — Financial markets around the world buckled Friday, and the S&P 500 was on track to close out its worst week of the year following President Donald Trump’s latest escalation in his trade war with China. China struck back and said Friday it will take “necessary countermeasures” if Trump follows through on tweets he sent Thursday that shocked ...

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China threatens retaliation for Trump’s planned tariff hike

China on Friday threatened retaliation if U.S. President Donald Trump’s planned tariff hikes go ahead, while the renewed acrimony between the two biggest global economies sent stock markets tumbling. China’s government accused Trump of violating his June agreement with President Xi Jinping to revive negotiations aimed at ending a costly fight over Beijing’s trade surplus and technology ambitions. Trump rattled ...

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