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.
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.
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.
Messer Construction Company has promoted three staffers – Adam Chmiel, Brian Mitchell and Kyle Scoble – to senior project managers in the Knoxville regional office.
Lower unemployment rates, falling gas prices and increased consumer confidence position the national and Tennessee economies for continued recovery and strong growth in 2015 and beyond, according to a University of Tennessee-Knoxville forecast.
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?”