Student debt has climbed to an all-time high of $1.2 trillion while all other lending categories fall.» Read More
JACKSON, Miss.— Some of the most dangerous prisoners have been removed from the privately-run Walnut Grove Correctional Facility following a July 10 riot, as the Mississippi Department of Corrections faces renewed legal claims that the prison's guards are too poorly trained to control such inmates.
WASHINGTON, Sept 29- The U.S. Supreme Court on Monday had a change of heart and dismissed a case it had previously agreed to hear on whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed.
The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.
JACKSON, Miss.— Atlanta Federal Reserve President Dennis Lockhart said Thursday that he has increasing confidence in the economy but still wants to see more data to prove that growth is on a sustainable path before raising interest rates, saying he doesn't expect rates to rise until mid-2015 or later.
CAMARILLO, Calif.— A national survey says the average price of a gallon of regular gasoline has dropped another 9 cents over the last two weeks, to $3.37, bringing the decline to 34 cents over the last 13 weeks. Jackson, Mississippi, had the lowest price among cities surveyed in the Lower 48 states, with $3.03 a gallon.
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.
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.
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.
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.
Aug 4- Russia's threatened ban on U.S. poultry imports, the latest move in a sanctions skirmish over Moscow's support of rebels in Ukraine, has agriculture companies alert to the risks of a conflict that's already roiled trading of crops ranging from soy, beef and fruit to California pistachios.