VOL. 39 | NO. 5 | Friday, January 30, 2015
$1.2 trillion owed creates long-term problems for auto industry, home sales
Three and a-half years after graduating from the University of Tennessee-Knoxville, Yasameen Hoffman is still trying to land the kind of full-time job that will help her start paying off her student loan.
Hefty student loans are a major stumbling block for young Americans as they try to buy their first home, a National Association of Realtors’ annual survey shows.
U.S. Rep. Steve Cohen sponsored legislation in the Tennessee Senate that led to creation of the HOPE Scholarship, which provides four-year college students with $4,000 a year for their studies.
Don’t just look; touch. Come in. Sit down. Marvel at the off-seasonal flora and run your hands along the mossy bench. Please, do.
Dreams, cancer, tofu, death, love, loyalty and the quest for good gut bacteria are parts of the story of the hidden little gem that is the Sunflower Café.
Battle lines have been drawn for a Feb. 2 special session of the state Legislature to determine the fate of Gov. Bill Haslam’s Insure Tennessee proposal, which would use federal funds to catch some 280,000 working people falling through a health insurance coverage gap.
My father was born (1928) and raised in Franklin, when it was a sleepy little standalone hamlet unrelated to Nashville. In the mid-90s, I met him for lunch at the Shoney’s near I-65 off of Highway 96.
Top 2014 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
KNOXVILLE – Galen Campbell might get to play a minute here or there as the University of Tennessee men’s basketball team pursues its surprising run toward bubble status for the NCAA tournament.
Stites & Harbison, PLLC veteran attorney Gregory D. Smith has been named office executive member for the firm’s Nashville office.
BEHIND THE WHEEL
Toyota’s lowest-priced car, the Yaris, is restyled inside and out for 2015, has an improved ride and adds new standard features – all for a starting retail price of less than $16,000.
Regardless of what happens on the field, history will be made at this year’s Super Bowl of advertising – starting with a record price tag of roughly $4.5 million for a 30-second spot, a significant spike from the $4 million advertisers forked over last year.
Hiring season is on! Chances are good you’ve been sending out your resume online for every interesting job out there. Soon, you’ll find yourself invited for in-person interviews.
THE WORLDLY INVESTOR
The stock market overreached in 2013, expecting big things from 2014. Earnings estimates for 2014 were for growth of 10 percent-plus. High expectations boosted valuations above long-term averages.
I’m fortunate to count Lee Martin, assistant director of Vanderbilt University’s English Language Center, as a weekly reader. Most recently, he writes about my having written, in a recent column, “No different than watching reruns on regular TV, right?”
NEW YORK (AP) — Miranda Lambert is continuing her reign as contemporary country queen with eight nominations at this year's Academy of Country Music Awards.
MURFREESBORO (AP) — Gov. Bill Haslam has finally found a Senate sponsor for his Insure Tennessee proposal just days before the start of a special legislative session to take up the matter.
NASHVILLE (AP) — Tennessee lawmakers are turning to the federal government for help with a task that might seem self-contradictory - keeping the federal government at bay.
FRANKLIN (AP) — State officials are joining the Tennessee Titans in urging folks to not drink and drive Super Bowl weekend.
WASHINGTON (AP) — A Colorado man accused of operating a "revenge porn" website has settled with federal regulators who said he broke the law by posting nude pictures of women without their consent or knowledge.
SAN FRANCISCO (AP) — Google has turned into a stock market laggard as the shift to mobile devices has lowered the Internet search leader's digital ad prices and the company's expensive investments in far-out technology has trimmed its profit margins.
NEW YORK (AP) — Shares of Amazon.com jumped over 8 percent in aftermarket trading after the e-commerce giant beat quarterly profit expectations by a mile.
WASHINGTON (AP) — The chances of a driver dying in a crash in a late-model car or light truck fell by more than a third over three years, and nine car models had zero deaths per million registered vehicles, according to a study by the Insurance Institute for Highway Safety.
WASHINGTON (AP) — There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness.
NEW YORK (AP) — The stock market is sagging at the close as investors weigh a slowdown in the U.S. economy and corporate earnings.
NEW YORK (AP) — The price of oil is up 7 percent on indications that production in the U.S. has slowed following the big drop in prices since last June.
WASHINGTON (AP) — U.S. consumers are more confident than they've been since January 2004.
WASHINGTON (AP) — The U.S. economy slowed in the final three months of 2014, but a burst in consumer spending and the prospect of continued low energy prices are bolstering confidence that growth will strengthen this year.
NEW YORK (AP) — It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a strong earnings season into a weak one.
WASHINGTON (AP) — Wages and benefits rose at slightly healthier rate last year, a sign strong job gains could be forcing companies to pay a bit more for workers.
EL SEGUNDO, Calif. (AP) — Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc.
WASHINGTON (AP) — The American public and U.S. scientists are light-years apart on science issues. And 98 percent of surveyed scientists say it's a problem that we don't know what they're talking about.
NEW YORK (AP) — The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse.
BRIDGEPORT, Conn. (AP) — A Venezuelan hedge fund manager has been sentenced to 13 years in prison for running a massive Connecticut-based investment fraud scheme that involved hundreds of millions of dollars.
WASHINGTON (AP) — The deficit is dead. Long live the deficit.
WASHINGTON (AP) — The House will vote next week to repeal the health care law Republicans have vowed to undo. They'll also direct work to start on a replacement bill the GOP promised more than four years ago.