Nine years after the hurricane, federal auditors were still examining the misuse of hundreds of millions of relief dollars. The Fiscal Times reports.» Read More
JACKSON, Miss.— Mississippi no longer has the highest unemployment rate in the nation in August, according to figures released Friday by the U.S. Labor Department. The Mississippi unemployment rate fell to 7.9 percent in August, breaking a string of three straight monthly increases. That's compared to 8 percent in July and 8.6 percent in August 2013.
The Labor Department says unemployment increased in 24 states, fell in 15 and was unchanged in 11. Hiring picked up in 35 states, while it fell in 15.. Georgia's unemployment rate jumped to 8.1 percent from 7.7 percent in July to the highest among all the states. Previously, Nevada, Michigan and Rhode Island have had the highest.
MONTGOMERY, Ala.— Alabama's unemployment rate decreased slightly in August to 6.9 percent, but remained above last year's rate for last month. Robert Bentley announced Alabama recorded 6.9 percent in August, compared to 7.0 percent in July and 6.5 percent in August 2013.
CHICAGO— Jon Daniel was watching cartoons with one of his sons when he created a spoof Twitter account in the name of the Peoria mayor. "I was like,' Well, OK, that's the end of that chapter,'" he told The Associated Press.
ALBUQUERQUE, N.M.— New Mexico saw a spike in the number of people living in poverty last year and maintained the nation's second-highest percentage, according to U.S. Census Bureau numbers released Thursday. Only Mississippi had a poverty rate higher than New Mexico in 2013 with 24 percent of that state's residents living in poverty.
INDIANAPOLIS— Rising income inequality in the U.S. appears to be slowing tax revenue growth in Indiana and other states, according to a new report by the credit rating agency Standard& Poor's.
JACKSON, Miss.— Mississippi is one of 10 states most reliant on sales taxes as a share of revenue, according to a new Standard& Poor's report that says that such states may be particularly susceptible to an ever-widening income gap dragging down state tax revenues.
WASHINGTON, Sept 11- Europe's Airbus said on Thursday that it sees the possibility of selling hundreds of its A400M military transport plane to the U.S. military in the medium to long term.
WASHINGTON, Sept 10- U.S. Navy Secretary Ray Mabus said more women should be serving in the Navy and Marine Corps, and plans to take action to boost their presence in those military branches.
JACKSON, Miss.— Mississippi regulators have approved a plan to let victims of domestic violence delay paying utility deposits for 60 days as a way to help victims move away from abusers even if they don't have enough money to pay deposits.
JACKSON, Miss.— Regulators will review the books of Mississippi's 25 electric power associations to try to determine whether they are holding money that should instead flow back to customers. Michael Callahan, CEO of the Electric Power Associations of Mississippi, has pledged to work with the commission to examine the issue.
From his show's Los Angeles home base, he travels to Washington, D.C., for a special live hour at 9 p.m. EDT from Sidney Harman Hall. His scheduled interview guests will be U.S. House Minority Leader Nancy Pelosi and Jerry Seinfeld, and, as his round-table panelists, former Mississippi Gov. Jon Huntsman and NBC News' Andrea Mitchell.
NEW YORK, Sept 8- Morgan Stanley has agreed to pay $95 million to resolve a lawsuit accusing the Wall Street bank of misleading investors in mortgage-backed securities in the run up to the 2008 financial crisis.
BATH, Maine— A composite deckhouse for the second Zumwalt-class destroyer has arrived at Bath Iron Works in Maine. The deckhouse and helicopter hangar built at a shipyard in Mississippi arrived by barge on Friday. The Navy says the angular shape reduces the ships' radar signature.
WASHINGTON, Aug 29- With plans for a T-Mobile US Inc merger in tatters, Sprint Corp is expanding a roaming program with rural cellphone companies that could provide a much-needed way for the debt-laden wireless carrier to cheaply increase its footprint.
Traders are bracing for the start of the autumn harvest in the Midwest in the coming weeks, with growers in Louisiana and Mississippi already bringing in crops with high yields.
NEW YORK/ WASHINGTON, Aug 25- As President Barack Obama prepares to announce major immigration policy changes, conservative attorney Kris Kobach is fighting a case in federal court he says has the potential to "torpedo" the president's plans.
Aug 14- U.S. cropland prices in the central Plains and southern Midwest were stable in the second quarter of 2014 compared with the previous quarter even though farm income was lower due to falling crop prices, according to Federal Reserve Bank quarterly surveys issued on Thursday.
CHICAGO, Aug 14- The price of quality farmland in the southern U.S. Midwest and Delta region were steady to softer during the second quarter compared to the previous quarter, reflecting lower farm income, the Federal Reserve Bank of St. Louis said on Thursday.
NEW YORK, Aug 10- The average price of a gallon of gasoline in the United States fell by six cents in the past two weeks as crude prices have continued a broad decline, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.52 per gallon for regular grade gasoline, according to the survey conducted Aug. 8.