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…
business
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…
Stocks give up an early gain and close lower on Wall Street
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks gave up an early gain and closed lower on Wall Street as markets continue an unsteady search for direction. Several companies made big moves, both higher and lower, as…
Fewer Americans apply for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) - The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation. Jobless claims for the…
Makin’ Groceries restaurant celebrating one year in Biloxi
A Biloxi business is celebrating its one-year anniversary. Makin’ Groceries is a plant-based café that offers healthy, plant-based, whole food family meals. Owner Lauren Turner was a history…
US home sales fell in September for eighth straight month
By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates,…
Morning Business Report: October 19th, 2022
Major retailers are already bracing for a tsunami of holiday returns and Americans are buying less at the supermarket. Jane King is at the Nasdaq with those stories and more…
Stocks climb on Wall Street as investors focus on earnings
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 1.1%…
Morning Business Report: October 18th, 2022
Halloween candy soars to scary highs and retailers are selling over the counter hearing aids without a prescription. Jane King is at the Nasdaq with those stories and more in…
Morning Business Report: October 17th, 2022
Rent in most cities continue to climb and over the weekend, Toys R Us launched its store revival in Macy’s locations. Jane King is at the Nasdaq with those stories…
