$600 million from housing program approved for huge port expansion

An aerial photograph shows the port of Gulfport, Miss., just after Hurricane Katrina scoured the coast in August 2005.
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AP

While thousands of Mississippians who […]

January is a time to look ahead and make predictions.
As I look ahead, I can see one major trend. And it’s one that will have repercussions for the economy as a whole. That trend involves baby boomers. Boomers have been a major factor in consumer spending, saving, and investing for 50 years. So it’s […]

A contrarian’s view: Houses don’t appreciate any faster than the level of inflation over the long term, so forget about buying a home and put your savings into stocks.
I have something un-American to confess: I rent an apartment despite having enough money to buy a house. I plan to keep renting for as long as […]