Morning Business Report: November 15th, 2022
Amazon is set to lay off thousands of corporate workers and more than a third of older Americans are worried about affording their medication in the future. Jane King is…
business
US wholesale inflation eases to 8%, 4th straight slowdown
WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels. The annual figure is down…
Morning Business Report: November 14th, 2022
Toys are getting smaller and cheaper this holiday season and Disney plans to freeze hiring and cut jobs. Jane King is at the Nasdaq with those stories and more in…
Morning Business Report: November 11th, 2022
What are the best cities for veterans and holiday shoppers have already spent $72 billion as early deals kick in. Joya Dass is at the Nasdaq with those stories and…
Morning Business Report: November 10th, 2022
Tesla drivers will be able to make Zoom calls from their car and seasonal hiring is expected to nosedive during inflation and recession fears. Jane King is at the Nasdaq…
Morning Business Report: November 9th, 2022
Meta will begin laying off workers today and investors are reacting to the election results today. Jane King is at the Nasdaq with those stories and more in today’s Morning…
Morning Business Report: November 8th, 2022
Parents are checking prices of hot toys on average four times a week and the results of today’s election could have ripple effects through the stock market. Jane King is…
Local businesses participating in annual Holiday Boutique in Pass Christian
More than 30 local businesses set up booths to help shoppers find the perfect gifts on their Christmas list. The 26th annual Holiday Boutique in Pass…
Morning Business Report: November 4th, 2022
First-time U.S. home buyers are the oldest on record and the least diverse since 1997. UPS is having a hiring blitz. Jane King is at the Nasdaq with those stories…
Drive-in theatre officially coming to the Gulf Coast
Movie buffs along the Coast have something to look forward to with a brand-new drive-in movie theatre! The property, located across the street from the Silver Slipper sign…
Morning Business Report: November 3rd, 2022
The holidays are back at Starbucks today and the Federal Reserve raised interest rates for a sixth time this year. Jane King is at the Nasdaq with those stories and…
Mississippi lawmakers push incentives for aluminum plant
By EMILY WAGSTER PETTUS Associated Press JACKSON, Miss. (AP) - Mississippi legislators are working quickly to approve nearly $247 million in state incentives for an aluminum plant. The project could bring 1,000 jobs to the northern part of the state…
Morning Business Report: November 2nd, 2022
Seventy percent of Americans say the pandemic changed their target retirement age and job openings surged in September. Jane King is at the Nasdaq with those stories and more in…
Stocks fall after Fed says it's too soon to pause rate hikes
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed broadly lower on Wall Street after Federal Reserve Chief Jerome Powell signaled that it’s too early for the central bank to consider pausing its interest rate increases, though…
Fed unleashes another big rate hike but hints at a pullback
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) - The Federal Reserve pumped up its benchmark interest rate by three-quarters of a point for a fourth straight time to fight high inflation but hinted that it could soon reduce the…
Rouses to open fourth store in Mississippi
Rouses Markets is expanding in Mississippi again. The Louisiana-based grocery chain announced Friday it will break ground in the spring on a store in Picayune. The 40,000 square foot…
Morning Business Report: October 31st, 2022
Lots of places are offering Halloween freebies and discounts today and credit-card debt returns to levels before the pandemic. Jane King is at the Nasdaq with those stories and more…
Morning Business Report: October 26th, 2022
Haunted Houses are scaring up big business this season and Amazon now allows customers to make payments through Venmo. Jane King is at the Nasdaq with those stories and more…
Stocks end higher on Wall Street as earnings roll in
NEW YORK (AP) - Stocks are off to a mostly higher start on Wall Street as traders take in a big round of earnings reports from big U.S. companies. General Motors was up after delivering solid results, while packaging maker…
Morning Business Report: October 25th, 2022
One in four Americans refer to their pet as their child and spend their money accordingly and renters are hitting a breaking point. Jane King is at the Nasdaq with…
US stocks march higher ahead of tech-heavy earnings week
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks shook off an early bout of unsettled trading and ended higher ahead of a heavy week of earnings from big tech companies. Alphabet, Amazon, Apple and Facebook parent Meta…
Stocks end higher on Wall Street, notching weekly gains
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writer Stocks closed higher on Wall Street Friday, notching sizable weekly gains for major indexes. The benchmark S&P 500 rose 2.4% Friday, while the Dow Jones Industrial Average and the Nasdaq…
Morning Business Report: October 21st, 2022
American Airlines CEO says pilot shortage could last three years and inflation is costing Americans $445 more in expenses per month. Jane King is at the Nasdaq with those stories…
Morning Business Report: October 20th, 2022
Pumpkin spice foods cost a lot more than the regular version and millions are at risk of losing health insurance if the U.S. ends the COVID Public Health Emergency. Jane…