Home » NEWS » Money (page 20)

Money

US stock indexes move higher in morning trading; Oil rises

Technology and health care companies helped lift U.S. stocks higher in morning trading Tuesday, nudging the Dow Jones industrial average closer to crossing the 20,000-point mark. Utilities and real estate stocks headed lower. Oil prices were moving higher. A key gauge of housing values showed U.S. home prices increased again in October. KEEPING SCORE: The Dow Jones industrial average added ...

Read More »

November bad month for state revenue collections

By BOBBY HARRISON JACKSON – The 2017 Mississippi legislative session will not be starting on a rosy note in January in terms of state revenue collections. November was a particularly dismal month for revenue collections. The report recently compiled by the staff of the Legislative Budget Committee reveals that in November revenue collections were $35.2 million or 8.8 percent below the ...

Read More »

The latest: stocks tumble lower after Fed rate hike

After initially wobbling between gains and losses following the Fed’s announcement, stocks turned moderately lower in afternoon trading following the rate increase decision. Bond prices fell after the announcement Wednesday, sending bond yields higher. High-dividend utilities and real estate companies, which would stand to lose more than other companies from rising interest rates, fell more than the rest of the ...

Read More »