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Stocks slump after Trump raises tariffs on Chinese goods

Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain of more than 250 points and fell as much ...

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Trump says US to place new 10% tariff on $300 billion in Chinese imports amid slow-moving trade talks, effective Sept 1

President Donald Trump announced Thursday the U.S. will apply a new tariff of 10% on about $300 billion worth of products from China beginning Sept. 1, escalating the two countries’ festering trade dispute. Trump tweeted amid slow-moving talks with China that negotiations will continue. But he blamed China for not following through on stopping the sale of fentanyl to the ...

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Alleged Capital One hacker barely bothered to hide

The 33-year-old former Amazon software engineer accused of hacking Capital One made little attempt to hide her attack. In fact, she effectively publicized it. It’s one of many riddles swirling around Paige Thompson, who goes by the online handle “erratic.” Well-known in Seattle’s hacker community, Thompson has lived a life of tumult, with frequent job changes, reported estrangement from family and self-described ...

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Hard-won budget, debt deal clears Senate, advances to Trump

A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump’s endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and domestic agencies. The legislation passed by a 67-28 vote as Trump and his GOP allies relied on lots of Democratic votes to propel it over the finish line. Passage ...

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Reeves holds $5M, Hood $1.5M in Mississippi governor’s race

Mississippi candidates had a Tuesday deadline to file campaign finance reports showing how much money they had raised and spent through Saturday. Candidates who do not have primary opponents were not required to file reports Tuesday. The fundraising figures for this month cover July 1-27. This is a brief look at reports for governor: REPUBLICANS — Tate Reeves of Flowood: ...

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Mississippi sales tax holiday includes school supplies

Mississippi will soon have its annual sales tax holiday but this year there’s more to celebrate. News outlets report school supplies are officially on the tax exemption list for the holiday, which is on July 26 and 27. All clothing, footwear and school supplies under $100 can be purchased minus the 7% state sales tax. Sen. Chuck Younger co-authored the ...

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Sanderson Farms’ Dr. Amy Batal oversees the diet for 510 million chickens per year

By BECKY GILLETTE Dr. Amy Batal, is known as “the mastermind behind Sanderson Farms’ innovative feed formulas.” Batal is an integrated poultry nutritionist who is the corporate nutritionist for Sanderson Farms, which processes 510 million chickens per year. Batal decides what ingredients they need to feed the chickens to get the best nutrition possible. “I work to meet all the ...

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Hancock Whitney’s growth continues with proposed merger with MidSouth Bancorp

By BECKY GILLETTE GULFPORT — Hancock Whitney Corp., the largest public company based in Mississippi ranked according to asset and revenue, had 3,933 employees, $28.2 billion in assets and $1.134 billion in revenue as of December 31, 2018. And now the parent company of Hancock Whitney Bank is poised to grow even larger with the merger planned with MidSouth Bancorp, ...

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Mississippi sees revenue increase in most recent budget year

Mississippi government collected nearly 5% more money during the state budget year that recently ended than it did the previous year. Newly released information from the Legislative Budget Office shows that’s an increase of about $278 million. Total state revenue was nearly $6 billion during fiscal 2019, which ended June 30. It was about $5.7 billion in 2018. Most of ...

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Mississippi woman convicted of tax crimes is out prison

A Mississippi woman convicted of tax crimes is out of federal prison. The Hattiesburg American reports 64-year-old Linda Bolton was released July 3 from a medium-security facility in Aliceville, Alabama. She was convicted in September 2016 of five counts of filing a false tax report and found not guilty on a tax evasion charge. The jury could not agree on ...

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