State Mississippi Financial News

20.07 / 06:01
COST UPS Citigroup guidance Storms lift insurer bill to $1b, yet QBE preserves guidance
Insurer QBE has taken an additional battering from US storms and tornadoes, but its natural perils loss was offset by premium growth holding up and investment yields improving.
18.07 / 14:55
UPS Remark Southern Green meteor illuminates night sky in US' Louisiana, Texas, Mississippi. Watch video
green meteor streaked across the night sky, leaving a mesmerizing display. The extraordinary celestial event happened over Texas, Louisiana, and Mississippi, captivating onlookers and captured by numerous cameras. The distinct coloration of meteors is attributed to the metals present within them, with green being a common hue.
12.07 / 19:57
Citi Twitter Waters US weather update: Flood advisory issued for parts of Orleans, Jefferson and St. Bernard; Details here
Orleans, Jefferson, and St. Bernard. The area has experienced the presence of strong storms, resulting in substantial rainfall. It is not uncommon during the summer months in the metropolitan region for showers and storms, occasionally intense, to develop due to the heat of the day. The National Weather Service alerted via Twitter that these storms are exhibiting a «training» pattern, which has the potential to increase the risk of flooding. During the weekend, the city encountered instances of street flooding caused by heavy rainfall that emerged suddenly and lingered for an extended period. Additionally, the National Weather Service has announced the implementation of a heat advisory for Wednesday, July 12 spanning from 10 AM to 8 PM. This advisory specifically applies to parishes in southeast Louisiana, where hazardous heat index values of approximately 110 are anticipated. It is recommended to take regular breaks in shaded or air-conditioned areas, stay hydrated by consuming ample water, even if not feeling thirsty, and ensure the well-being of elderly individuals, sick neighbors, and family members. Furthermore, it is advisable to bring pets indoors or offer them shade and an adequate supply of water. According to the National Weather Service (NWS) forecast for Wednesday, there will be a slight decrease in rain chances compared to previous days. However, there remains a possibility of a few locally strong or heavy thunderstorms. Aside from that, the weather is expected to be partly cloudy, with temperatures rising into the mid-90s.
07.07 / 21:15
FIVE Man SEC Career Fighting Remark Mississippi State Football Legend Johnie Cooks passes away at age of 64
Mississippi State University announced the passing of football great Johnie Cooks, a beloved figure in Bulldog history. Cooks, who achieved All-SEC honors and played in the NFL, leaves behind a lasting legacy. In a news release, the university, while expressing condolences, said, «The Mississippi State family mourns the loss of all-time Bulldog great Johnie Cooks.
07.07 / 13:17
Citi Waves Digital Extreme Parke Southern Brutal heat wave sweeps across U.S; Phoenix, Arizona could break high-temperature record set in 1970s
U.S. National Weather Service (NWS) predicts the occurrence of powerful thunderstorms in the western High Plains, bringing risks of damaging winds, large hail, and potential tornadoes. These storms are anticipated to extend into the Central and South Plains, accompanied by the possibility of excessive rainfall. Meanwhile, the Pacific Northwest faces increasing heat, with temperatures expected to reach or surpass triple digits inland. People enjoy r
09.06 / 16:17
UPS IPO FIVE Booking NASDAQ Extreme NOT Ron Insana says an AI bubble may be forming, but we're not there yet
There has been much discussion in the financial media of late as to whether there's another bubble forming in the publicly traded shares of companies involved in the development and use of artificial intelligence.
30.04 / 14:49
markets Mining Bitcoin Bitcoin Price Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor.
10.02 / 01:01
Mining regulation Discrimination Mississippi senate passes bill to protect cryptocurrency miners from discrimination
The American state of Mississippi is one step closer to protecting the rights of cryptocurrency miners after the state senate passed the Mississippi Digital Asset Mining Act on Feb. 8. There is a companion bill under consideration in the state house of representatives. 
02.02 / 11:17
JPMorgan Southern JPMorgan Asset Management JPMorgan asset management unit makes $500m timber belt acquisition
JPMorgan Asset Management's timber-investing arm has acquired about 250,000 acres in the Southern pine belt for more than $500m, Wall Street's latest big woodlands purchase made with an eye toward carbon markets.
01.02 / 00:47
regulation proof-of-work Energy Consumption lawmakers US lawmakers Bitcoin mining advocate is going state-to-state to educate US lawmakers
Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation.
28.08 / 21:05
UPS Citi Provident Time Everyone’s a Landlord—Small-Time Investors Snap Up Out-of-State Properties
Jack Cronin found San Francisco-area homes too expensive or too far from the city center to buy when he lived there in 2020. The tech worker still wanted a piece of the hottest housing market of his lifetime, so he started looking farther afield.
01.08 / 15:39
economics inflation Central Bank Is the US in Recession? Depends on Whom You Ask
D. Brian Blank, Assistant Professor of Finance, Mississippi State University._______
24.06 / 17:51
European Union News US Supreme Court overturns Roe v. Wade, ending abortion's constitutional protections
The Supreme Court has ended constitutional protections for abortion that had been in place for nearly 50 years in a decision to overturn Roe v. Wade, with the outcome expected to lead to abortion bans in roughly half the states.
11.04 / 14:11
regulation Paxos United States Crypto Lobbyists Making Inroads at State Level – Report
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind. 
06.04 / 22:43
UPS Platform Strategy Financial 'It's a lifelong experience.' Governors say financial education should extend beyond school years
Pursuing financial literacy is something that should continue beyond traditional school years, according to several state governors.

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