By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) - Wall Street lost more ground on worries that a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 fell 2.8% Friday after…
With more people traveling down for Cruisin’ the Coast events, local businesses have been seeing an increase in sales. Coastal Daiquiri Bar and Grill is…
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) - America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to…
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed lower again on Wall Street but still managed to hold onto sizable gains for the week. The S&P 500 fell 1% Thursday. The Dow Jones Industrial Average lost…
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) - Stocks rose sharply on Wall Street Tuesday and clawed back more of the ground they lost in a miserable several weeks. The S&P 500 rose 2.9% in afternoon trading…
WASHINGTON (AP) — The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. That is good news for the Federal Reserve in…
By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) - Wall Street rallied to its best day since July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6%…
By DAMIAN J. TROISE, STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) - Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets.…
With all the Cruisers coming, rooms on the Coast are booking up. News 25 spoke with Coastal Mississippi Executive Director Judy Young and she jokingly said if you…
The interest rate increase has had a major impact on decisions to buy houses here on the Coast. Agents at Exit Prestige Luxury Realty say the biggest affect with interest…
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates. The…
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street closed sharply lower after the Federal Reserve stepped up its fight against inflation by raising interest rates. The S&P 500 lost 1.7% Wednesday, as did the Dow Jones…
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed lower on Wall Street ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 fell 1.1% Tuesday. The Nasdaq composite and the Dow…
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) - Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate…
WASHINGTON (AP) — Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending August 13…
Jackson, Miss. (August 17, 2022) – Visit Mississippi has partnered with KLLM Transport Services to increase the state’s visibility as a tourism destination on a national scale. The trailers, which showcase Visit Mississippi advertisements and brand imagery, are traveling highways and interstates…
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades. Consumer prices jumped 8.5% in July…
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) - U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading…
Sun Herald Investigative Reporter Anita Lee spoke to the Gulf Coast Business Council today about the spending of money from the BP oil catastrophe and economic development.…
WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported…
By CHRISTOPHER RUGABER WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.…
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) - Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike…
At the height of the summer driving season, Americans are finally catching a break at the pump. After months of record highs, gas prices are starting to come down. The national average…
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) - A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession - and highlighted the resilience of the nation’s job market.…