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Editorial Results (free)

1. Twitter pulls back on political ads, but pitfalls await -

SAN FRANCISCO (AP) — Twitter announced an end Wednesday to political campaign and issue ads on its service, calling it an important step in reducing the flow of election-related misinformation.

But some of its users might face an unintended consequence or two.

2. Twitter pulls back on political ads, but pitfalls await -

SAN FRANCISCO (AP) — Twitter announced an end Wednesday to political campaign and issue ads on its service, calling it an important step in reducing the flow of election-related misinformation.

But some of its users might face an unintended consequence or two.

3. US economy grows at modest 1.9% rate in third quarter -

WASHINGTON (AP) — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy.

4. Coal giant Murray Energy seeks bankruptcy protection -

CHARLESTON, W.Va. (AP) — A major U.S. coal mining company is seeking bankruptcy protection, despite a flurry of regulatory breaks that its CEO pushed for — and received — from the Trump administration.

5. Nashville to end ICE contract to house immigrant detainees -

NASHVILLE (AP) — The sheriff's office in Tennessee's largest city will stop contracting to house detained immigrants for U.S. Immigration and Customs Enforcement on Dec. 1, Nashville Sheriff Daron Hall announced Tuesday, calling the issue a distraction.

6. US diplomat: Trump linked Ukraine aid to demand for probe -

WASHINGTON (AP) — A top U.S. diplomat testified Tuesday that President Donald Trump was holding back military aid for Ukraine unless the country agreed to investigate Democrats and a company linked to Joe Biden's family, providing lawmakers with a detailed new account of the quid pro quo central to the impeachment probe.

7. Josi, Arvidsson lead Predators to 6-1 win over Ducks -

NASHVILLE (AP) — Nashville got plenty of scoring against Anaheim, more than needed with Pekka Rinne nearly flawless in goal.

Roman Josi and Viktor Arvidsson each had a goal and an assist to lead the Predators to a 6-1 victory over the Ducks on Tuesday night.

8. Diplomat: Trump linked Ukraine aid to demand for probe -

WASHINGTON (AP) — Former U.S. Ambassador William Taylor provided lawmakers Tuesday with a vivid, detailed and what some lawmakers called "disturbing" account of the way President Donald Trump wanted to put the new Ukraine president "in a public box" by demanding a quid pro quo at the center of the impeachment probe.

9. Dubai bets billions that Expo 2020 won't be a desert mirage -

DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai.

10. US single family-home construction ticks up, apartments fall -

WASHINGTON (AP) — U.S. home building fell last month after reaching a 12-year high in August, driven by a sharp decline in the construction of new apartments. Yet single-family home construction ticked higher for a fourth month.

11. US home construction fell 9.4% last month -

WASHINGTON (AP) — U.S. home building fell last month, driven by a sharp decline in the construction of new apartments.

The Commerce Department said Thursday that housing starts dropped 9.4% to a seasonally adjusted annual rate of 1.26 million. The construction of new apartments plunged 28.3% to an annual pace of 327,000.

12. Dubai bets billions that Expo 2020 won't be a desert mirage -

DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai.

13. Being the best-dressed is about more than looking successful -

Your clothes are all laid out for tomorrow. You’ll get up in the morning, jump out of the shower, into your outfit, and out the door because it’s a big day. You’ll look sharp, competent and responsible, and you’ll feel that way, too.

14. Study: 'Medicare for All' not only way to universal coverage -

WASHINGTON (AP) — Health care memo to Democrats: There's more than one way to get to coverage for all.

A study out Wednesday finds that an approach similar to the plan from former Vice President Joe Biden can deliver about the same level of coverage as the government-run "Medicare for All" plan from presidential rival Bernie Sanders.

15. Stocks rise on trade progress, S&P 500 notches weekly gain -

The S&P 500 finished with its first weekly gain in four weeks Friday as investors welcomed a thaw in the punishing trade war between the U.S. and China.

After two days of negotiations in Washington, the U.S. agreed to suspend a planned hike in tariffs on $250 billion of Chinese goods that had been set to kick in Tuesday. Beijing, meanwhile, agreed to buy $40 billion to $50 billion in U.S. farm products.

16. US suspends plans to hike tariffs Tuesday on Chinese imports -

WASHINGTON (AP) — The Trump administration is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade war.

17. Trump's Syria announcement blindsided many GOP supporters -

WASHINGTON (AP) — For once, Republicans and Democrats in Congress were in the same place: out of the loop.

When it came to President Donald Trump's abrupt announcement that U.S. forces would no longer protect Syrian Kurds from a Turkish invasion, his supporters knew as little as his critics.

18. Trump sets White House meeting with Chinese trade negotiator -

WASHINGTON (AP) — President Donald Trump said he would meet at the White House on Friday with the leader of the Chinese negotiating team now in Washington for the latest round of talks aimed at ending a 15-month trade battle that is weighing on the global economy.

19. Trump's Syria announcement blindsided many GOP supporters -

WASHINGTON (AP) — For once, Republicans and Democrats in Congress were in the same place: out of the loop.

When it came to President Donald Trump's abrupt announcement that U.S. forces would no longer protect Syrian Kurds from a Turkish invasion, his supporters knew as little as his critics.

20. Trump: US doesn't 'endorse' Turkey's assault on Syria -

WASHINGTON (AP) — President Donald Trump said Wednesday the U.S. does not endorse Turkey's military assault on Syria, calling the operation a "bad idea."

Trump's written statement was issued hours after Turkey, a NATO ally, launched an offensive against Kurdish fighters in Syria, who have helped the U.S. against the Islamic State but are viewed by Turkey as terrorists. Trump's recent decision to pull back U.S. troops leaves those fighters vulnerable.

21. Nashville needs to own up to its past role in slavery -

Nashvillians may not like to hear it, but just as the city is a celebrated crossroads for transport of goods and services via railroad, long-haul truck and airplane today, the place now acclaimed as Music City once was an “It City’’ for the slave trade … And it’s time to fess up.

22. Trump defends Syria move, doesn't want US troops in Mideast -

WASHINGTON (AP) — President Donald Trump lashed out Wednesday over sharp bipartisan criticism of his decision to pull back U.S. troops from northeastern Syria, saying he is focused on the "BIG PICTURE" that does not include American involvement in "stupid endless wars" in the Middle East.

23. AP FACT CHECK: Trump's tale about Romney unrest, impeachment -

WASHINGTON (AP) — Facing an impeachment inquiry, President Donald Trump is turning to a familiar playbook to defend himself: blasting the inquiry as illegal, attacking his investigators and critics alike, and deriding the whistleblower process as all-but-rigged.

24. Business economists foresee slowdown in US growth -

WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year.

25. Depositions and more: What to watch on impeachment this week -

WASHINGTON (AP) — House Democrats are marching forward with their impeachment inquiry into President Donald Trump, with more depositions coming this week.

Democrats are moving quickly to interview key witnesses and lock down information as they explore the question of whether the Republican president compromised national security or abused his office by seeking dirt on a political rival from a foreign country. The probe was sparked by a whistleblower who revealed that Trump asked Ukrainian President Volodymyr Zelenskiy to investigate former Vice President Joe Biden and his son Hunter — potentially in exchange for military aid money. Trump, who has defended his conduct as "perfect," last week publicly called on China to investigate the Bidens, too. Calls to investigate the Bidens have come without evidence of wrongdoing by either Biden in either country.

26. Contract talks continue as GM strike enters fourth week -

DETROIT (AP) — Contract talks aimed at ending a 22-day strike by the United Auto Workers against General Motors continued Monday after United Auto Workers union bargainers rejected a company offer on Sunday.

27. Drop in US service sector activity raises economic concerns -

WASHINGTON (AP) — Growth in the U.S. economy’s vast services sector slowed sharply in September to its lowest point in three years, suggesting that the Trump administration’s trade conflicts and rising uncertainty are weakening the bulk of the economy.

28. AP FACT CHECK: Trump wrongly blames Fed for factory woes -

WASHINGTON (AP) — President Donald Trump is wrongly blaming the Federal Reserve for a slump in U.S. manufacturing.

In a tweet Tuesday, he essentially argues that the Fed's rate hikes last year pushed up the value of the dollar, which makes U.S. goods more expensive overseas. His argument is a distortion that attempts to downplay the negative consequences from escalating a trade war with China.

29. Southern Baptists ready to put spotlight on sex-abuse crisis -

Entangled in a multifaceted sex-abuse crisis, the Southern Baptist Convention is preparing to host a high-profile conference on the topic that has kindled skepticism even among some of the scheduled speakers.

30. US long-term mortgage rates fall; 30-year at 3.64% -

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week following a sharp rise the week before, making September the most volatile month for the key 30-year loan since March.

Mortgage rates have been running near historic lows, spurring prospective homebuyers, amid an uncertain economic outlook. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dropped to 3.64% from 3.73% last week. By contrast, the average rate stood at 4.72% a year ago.

31. US stocks rebound on housing data, Trump trade deal remark -

U.S. stocks finished broadly higher Wednesday after President Donald Trump indicated that a deal to resolve the long-running, costly trade dispute with China could happen soon.

Trump's remarks, in addition to a sharp increase in sales of new U.S. homes, helped reverse an early slide for stocks.

32. Iran envoy: 'All-out war' to result if hit for Saudi attack -

DUBAI, United Arab Emirates (AP) — Any attack on Iran by the U.S. or Saudi Arabia will spark an "all-out war," Tehran's top diplomat warned Thursday, raising the stakes as Washington and Riyadh weigh a response to a drone-and-missile strike on the kingdom's oil industry that shook global energy markets.

33. US stock indexes edge up as oil gives up half of its spurt -

NEW YORK (AP) — U.S. stock indexes ticked closer to record heights on Tuesday, but the modest moves belied plenty of churning underneath.

Oil prices and energy stocks slumped to give back nearly half of their huge gains from a day earlier. Rising prices for technology stocks and companies that sell to consumers, though, more than made up for those losses. Treasury yields fell a second straight day as the Federal Reserve opened a two-day meeting on interest rates, where investors expect it to announce a cut for the second time in as many months.

34. US factory production rose at healthy pace in August -

WASHINGTON (AP) — U.S. factory output increased in August at a solid clip, reversing a sharp drop in July, as production of metals, machinery and chemicals all rose.

The Federal Reserve said Tuesday that manufacturing production climbed 0.5% last month, after a 0.4% drop in July.

35. US stocks close lower as spike in crude oil rattles market -

Airlines, cruise lines and other companies in fuel-dependent industries dragged U.S. stocks lower Monday after an attack on Saudi Arabia's biggest oil processing facility sent crude prices soaring.

36. Oil prices jump as attack on Saudi plant jolts supply -

Global energy prices spiked Monday by 15% after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record.

The attack on the country's largest oil processing plant halted more than half of its daily exports, resulting in the loss of 5% of world crude oil output. That's especially worrying for oil-thirsty Asia, where China, Japan, South Korea and India are major customers of Saudi oil.

37. Best safe, used vehicles for college drivers -

Many college-bound students, whether it be a freshman leaving home for the first time or a grad student needing more reliable transportation, require the purchase of a vehicle. To help out, Edmunds has identified five common requirements for college drivers and recommended a slightly used vehicle for each.

38. US wholesale prices up tiny 0.1% in August -

WASHINGTON (AP) — U.S. wholesale prices edged up a slight 0.1% in August as energy prices took a big plunge, a further sign that inflation is remaining tame.

The Labor Department said Wednesday that the gain in its producer price index, which measures inflation pressures before they reach the consumer, followed a modest 0.2% rise in July. Core inflation, which excludes food and energy, rose a stronger 0.3%.

39. Share of uninsured Americans rises for 1st time in a decade -

WASHINGTON (AP) — The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under President Barack Obama's health care law might be eroding under President Donald Trump.

40. Democrats propose spending trillions fighting climate change -

WASHINGTON (AP) — Democratic presidential candidates are releasing their plans to address climate change ahead of a series of town halls on the issue as the party's base increasingly demands aggressive action.

41. US factories shrink for 1st time in 3 years amid trade war -

WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, reducing factory output in August for the first time in three years.

A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that factory production and new orders fell sharply last month and are now shrinking. U.S. manufacturers also cut jobs, the survey found. The data has fueled concerns that the broader U.S. economy is weakening.

42. US construction spending rose a slight 0.1% in July -

WASHINGTON (AP) — U.S. construction spending ticked up just 0.1% in July, aided by government spending on schools, sewers and the water supply.

The Commerce Department said Tuesday that spending on construction projects in July occurred at a seasonally adjusted annual pace of $1.29 trillion. So far this year, construction spending has tumbled 2.1%, dragged down by a sharp pullback in expenditures for homebuilding.

43. US stock indexes end mixed to close out a volatile month -

Major U.S. stock indexes ended little changed Friday after a listless day of trading ahead of the Labor Day holiday weekend capped a solid week of gains for the market.

A late-afternoon flurry of buying gave the S&P 500 its third straight gain. The benchmark index also snapped a string of four consecutive weekly losses. Even so, the market closed out August with its second monthly decline this year, after May.

44. Dow surges 326 points on hopes for US-China trade talks -

Stocks finished with broad gains on Wall Street Thursday, driving the Dow Jones Industrial Average more than 300 points higher.

The buying spree gave the market its second straight gain after a wobbly start to the week. The S&P 500 is now on track for its first weekly gain in five weeks.

45. US pending home sales slid 2.5% in July in sign of slowdown -

WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in July, signaling that the housing market has yet to enjoy a strong bounce from lower mortgage rates.

The National Association of Realtors said Thursday that its pending home sales index fell 2.5% to 105.6 in July. The index has slipped 0.3% from a year ago as uncertainty has mounted about the health of the economy. With trade tensions and fears of a possible recession intensifying, a robust job market hasn't been enough to strengthen sales.

46. US stocks slide as bond yields surge on trade war worries -

Stocks capped a wobbly day on Wall Street with broad losses Tuesday as anxious investors shifted money to U.S. government bonds, gold and other traditional safe-haven assets.

The selling, which erased some of the market's gains from a strong rally a day earlier, came as long-term bond yields once again fell below short-term ones, a rare phenomenon that has correctly predicted previous recessions.

47. US stocks rally on optimism for a US-China trade war thaw -

Stocks closed broadly higher on Wall Street Monday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the U.S. and China.

The gains reversed some of the major stock indexes' hefty losses from last Friday, when jitters over the latest escalation in the trade dispute roiled the market, contributing to its fourth straight weekly loss.

48. 'Our bigger enemy': Trump escalates attack on Fed chief -

WASHINGTON (AP) — President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more "did NOTHING!" and wondering who is "our bigger enemy" — Powell or China's leader.

49. Powell: No clear hint on rates but says Fed will aid economy -

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sent no clear signal Friday that the Fed will further cut interest rates this year but said it would "act as appropriate" to sustain the expansion — phrasing that analysts see as suggesting rate cuts.

50. Essra Mohawk lived sex, drugs and rock 'n roll life -

Uncle Meat leans back on the piano bench – arm-swept clear of the CDs and assorted implements of a musician’s life that fill it and the rest of the living room of the home in Bellevue – and sings a joyous, or at least joy-filled and powerful song titled “Rollin’ With The Punches.”

51. Democrats spending millions to try to take back statehouses -

AUSTIN, Texas (AP) — Democrats still shaken by the 2010 tea party wave that netted Republicans six governors' offices, flipped 21 statehouse chambers and drove nearly 700 Democratic state legislators from office are mounting a comeback, pouring millions of dollars into state level races.

52. Home Depot cuts outlook citing tariffs, lumber prices -

Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers.

The Trump administration delayed most of the tariffs it planned to impose on Chinese goods last week and dropped others altogether, responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy.

53. US stocks end turbulent week with broad gains -

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August.

And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead.

54. US home building fell 4% in July, slowing housing market -

WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land.

The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units. So far this year, housing starts have declined 3.1%. Though there was a slight 1.3% uptick in the construction of single-family homes last month, the gain was offset by a 17.2% plunge in the apartment category.

55. US stocks veer higher in latest bout of market volatility -

Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going.

56. Israel bars entry to outspoken US congresswomen -

JERUSALEM (AP) — Israel said Thursday that it will bar two Democratic congresswomen from entering the country ahead of a planned visit over their support for a Palestinian-led boycott movement, a decision announced shortly after President Donald Trump tweeted that it would "show great weakness" to allow them in.

57. Stocks stumble on trade-war worries, capping wild week -

NEW YORK (AP) — Stocks stumbled on Wall Street Friday, veering between modest and sharp losses, as worries flashed yet again about President Donald Trump's trade war with China. The declines bookend a wild week where markets zoomed down, up and down again as investors struggled to make sense of a trade dispute whose resolution suddenly seems much more uncertain.

58. Technology companies power broad rally for US stocks -

Technology companies powered stocks broadly higher on Wall Street Thursday, driving the S&P 500 to its best day in more than two months and erasing its losses for the week.

The rally, which pushed the Dow Jones Industrial Average up by more than 370 points, followed an early rise in bonds yields after a weekly government report on unemployment claims came in better than economists had expected.

59. Stocks recover after economic worries set off an early skid -

U.S. stocks turned higher Wednesday afternoon as investors shook off early jitters that had briefly pulled the Dow Jones Industrial Average down more than 580 points.

Technology and consumer staples stocks powered much of the gains, offsetting losses in banks, energy and elsewhere.

60. Bulletproof backpacks show grim reality -

This isn’t the back-to-school column I had in mind writing. That was derailed when I came across news like this, from Futurism.com:

“From Texas to Tennessee, Florida or Idaho, local news stations are reporting an uptick in the number of parents purchasing bulletproof backpacks for their kids in anticipation of the 2019 school year — a disheartening sign of how desperate parents are to keep their children safe as gun violence rages in American schools.’’

61. Vexed with minority status and rancor, GOP lawmakers retire -

WASHINGTON (AP) — The House's only black Republican has become the latest GOP lawmaker to say he won't seek reelection next year, jolting the party's efforts to appeal to minority voters and wounding its already uphill chances of regaining House control.

62. Powell Fed raises as many questions as answers with rate cut -

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness.

63. Consumer spending up 0.3% in June while incomes rise 0.4% -

WASHINGTON (AP) — Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month.

64. Weaker home sales expected to be drag on remodeling market -

NEW YORK (AP) — Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market.

That's the conclusion of a report by Harvard University's Joint Center for Housing Studies. The quarterly report forecasts that spending by homeowners for renovations, expansions and repairs will drop to an annual growth rate of 0.4% by the second quarter of next year from a projected 6.3% in the current quarter.

65. Pelosi downplays differences with Ocasio-Cortez after talk -

WASHINGTON (AP) — House Speaker Nancy Pelosi is downplaying any differences with high-profile progressive lawmaker Alexandria Ocasio-Cortez. Pelosi says she had a "nice meeting" Friday with the social media dynamo who's made some tart observations about the Democratic leadership team.

66. Stocks slide over disappointing earnings reports -

NEW YORK (AP) — U.S. stocks retreated from record highs on Wall Street Thursday as large companies delivered weak earnings and disappointing forecasts.

The daylong slide marked a turnaround from Wednesday, when a series of solid earnings helped push major indexes to records. This is one of the busiest weeks in the latest round of corporate earnings. The market has been volatile since reports started trickling in last week.

67. US factory orders for large manufactured goods up 2% in June -

WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods rose last month after sharp declines the previous two months, propelled by demand for commercial aircraft and cars. A category that tracks business investment had its biggest increase in four months.

68. European Central Bank joins Fed in paving way for stimulus -

FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions.

69. US factory orders for large manufactured goods up 2% in June -

WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods rose last month after sharp declines the previous two months, propelled by demand for commercial aircraft and cars. A category that tracks business investment had its biggest increase in four months.

70. US new home sales rise slightly -

WASHINGTON (AP) — U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren't encouraging many more purchases.

71. IMF sees a weaker global economy but upgrades US forecast -

WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions.

But at the same time, the fund is boosting its forecast for U.S. economy this year, citing expectations that the Federal Reserve will cut interest rates.

72. Nadler: Mueller hearing to air evidence of Trump wrongdoing -

WASHINGTON (AP) — The House Judiciary Committee chairman said Sunday that this week's hearing with Robert Mueller will air "very substantial evidence" of wrongdoing by President Donald Trump and make a public case for impeachment. Republicans pledged sharp questioning of the special counsel about what they see as a "one-sided" Russia investigation.

73. Trump vs. Dems: 'Racist,' 'socialist' lines drawn for 2020 -

WASHINGTON (AP) — With tweets and a vote, President Donald Trump and House Democrats established the sharp and emotionally raw contours of the 2020 election campaigns.

In the process, they have created a fraught political frame: "racists" vs. "socialists."

74. Japan exports dip as China-US trade war takes toll -

TOKYO (AP) — Japan's exports declined in June as shipments of goods were hit by trade disputes between China and the U.S., the Finance Ministry reported Thursday.

The data released by the Finance Ministry on Thursday show exports fell 6.8% in June from a year earlier, the seventh straight month of decline, while imports fell 5.2%.

75. Congress grills Big Tech over competition, money, power -

Big Tech faced tough questions this week as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook's plan for a new digital currency.

76. Top Middle Tennessee residential sales for second quarter 2019 -

Top residential real estate sales, second quarter 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

77. US industrial production unchanged in June -

WASHINGTON (AP) — U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining.

The Federal Reserve said Tuesday that manufacturing production increased 0.4% last month, aided by a nearly 3% surge at auto plants. Still, factory output has been weak over the past 12 months, posting a modest gain of just 0.4%. The manufacturing sector has faced challenges because of President Donald Trump's tariffs against China and the retaliatory taxes imposed by that country.

78. Facebook's currency plan gets hostile reception in Congress -

WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data.
"We know we need to take the time to get this right," David Marcus, the Facebook executive leading the project, told the Senate Banking Committee at a hearing.
But that message did little to assure senators. Members of both parties demanded to know why a company with massive market power and a track record of scandals should be trusted with such a far-reaching project, given the potential for fraud, abuse and criminal activity.
"Facebook is dangerous," asserted Sen. Sherrod Brown of Ohio, the committee's senior Democrat. Like a toddler playing with matches, "Facebook has burned down the house over and over," he told Marcus. "Do you really think people should trust you with their bank accounts and their money?"
Republican Sen. Martha McSally of Arizona said "the core issue here is trust."Users won't be able to opt out of providing their personal data when joining the new digital wallet for Libra, McSally said. "Arizonans will be more likely to be scammed" using the currency, she said. The litany of criticism came as Congress began two days of hearings on the currency planned by Facebook, to be called Libra. Also Tuesday, a House Judiciary subcommittee was extending its bipartisan investigation of the market power of Facebook, Google, Amazon and Apple.
On the defensive from bursts of aggressive questioning, Marcus indicated the currency plan is a work in progress. "We will take the time" to ensure the network won't be open to use by criminals and illicit activity like money laundering and financial fraud. "We hope that we'll avoid conflicts of interest. We have a lot of work to do," Marcus said.
The grilling followed a series of negative comments and warnings about the Libra plan in recent days from President Donald Trump, his treasury secretary and the head of the Federal Reserve.
But some senators emphasized the potential positive benefits of Facebook's plan, meant to bring money transacting at low cost to millions around the globe who don't have bank accounts. Facebook had its strong defenders of the project, too, on the panel.
"To strangle this baby in the crib is wildly premature," said Sen. Pat Toomey, R-Pa.
In that vein, Marcus said Libra "is about developing a safe, secure and low-cost way for people to move money efficiently around the world. We believe that Libra can make real progress toward building a more inclusive financial infrastructure."
The planned digital currency is to be a blend of multiple currencies, so that its value will fluctuate in any given local currency. Because Libra will be backed by a reserve, and because the group of companies managing it will encourage a competitive system of exchanges, the project leaders say, "anyone with Libra has a high degree of assurance they can sell it for local (sovereign) currency based on an exchange rate."
Promising low fees, the new currency system could open online commerce to millions of people around the world who lack access to bank accounts and make it cheaper to send money across borders. But it also raises concerns over the privacy of users' data and the potential for criminals to use it for money laundering and fraud.
To address privacy concerns, Facebook created a nonprofit oversight association, with dozens of partners including PayPal, Uber, Spotify, Visa and MasterCard, to govern Libra. As one among many in the association, Facebook says it won't have any special rights or privileges. It also created a "digital wallet" subsidiary, Calibra, to work on the technology, separately from its main social media business. While Facebook owns and controls Calibra, it won't see financial data from it, the company says.
Senators demanded to know exactly what that separation will entail.
"Facebook isn't a company; it's a country," said Sen. John Kennedy, R-La. Kennedy and other conservative senators took the occasion to air long-standing grievances against Facebook, Twitter and Google for a perceived bias against conservative views.
Facebook's currency proposal has also faced heavy skepticism from the Trump administration.
Trump tweeted last week that the new currency, Libra, "will have little standing or dependability." Both Treasury Secretary Steven Mnuchin and Fed Chair Jerome Powell have expressed serious concerns recently that Libra could be used for illicit activity.
The Treasury Department has "very serious concerns that Libra could be misused by money launderers and terrorist financers," Mnuchin told reporters at the White House on Monday. "This is indeed a national security issue."
Facebook has "a lot of work to do before we get to the point where we're comfortable with it," Mnuchin said.

...

79. One reason for a Fed cut: Powell now fears too-low inflation -

WASHINGTON (AP) — In a shift from just a few months ago, Federal Reserve Chairman Jerome Powell is worried that too-low inflation could persist for a while — and undercut the U.S. economy.

80. US consumer prices tick up just 0.1% as inflation stays tame -

WASHINGTON (AP) — U.S. consumer prices rose just 0.1% in June, as cheaper gas prices were offset by higher rents and auto costs.

The Labor Department said Thursday that the consumer price index increased 1.6% in June from a year earlier. That is down from 1.8% in May and the second straight drop. However, excluding the volatile food and energy prices, core inflation rose 0.3% in June, the biggest increase in 18 months. It rose 2.1% from a year ago.

81. US consumer prices tick up just 0.1% as inflation stays tame -

WASHINGTON (AP) — U.S. consumer prices rose just 0.1% in June, as cheaper gas prices were offset by higher rents and auto costs.

The Labor Department said Thursday that the consumer price index increased 1.6% in June from a year earlier. That is down from 1.8% in May and the second straight drop. However, excluding the volatile food and energy prices, core inflation rose 0.3% in June, the biggest increase in 18 months. It rose 2.1% from a year ago.

82. Top Middle Tennessee residential sales for June 2019 -

Top residential real estate sales, June 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

83. Trump v. Big Tech: Social media summit will snub tech titans -

WASHINGTON (AP) — President Donald Trump is gathering conservative groups at the White House this week for a "summit" on social media that will prominently snub the tech titans who run big platforms on Facebook, Twitter and Google.

84. BMW CEO to quit after carmaker loses early lead in electrics -

FRANKFURT, Germany (AP) — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.

85. UK recession fears mount amid Brexit and global slowdown -

LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday.

86. UK recession fears mount amid Brexit and global slowdown -

LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday.

87. Why wealth gap has grown despite record-long economic growth -

WASHINGTON (AP) — As it enters its 11th year, America's economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped fuel an explosive rise in the stock market.

88. Yes, coyotes are all around us; No, you shouldn’t panic -

In January, a coyote was found cowering in a restroom in the Music City Center.

It might have been in town for a Predators game.

The bushy-tailed gate-crasher darted past security and sought refuge in the restroom. It was eventually collared and escorted off the premises by Metro Animal Care and Control officials.

89. AP-NORC Poll: Trump not boosted by strong American economy -

WASHINGTON (AP) — The solid economy is doing little to bolster support for President Donald Trump.

Americans give Trump mixed reviews for his economic stewardship despite the growth achieved during this presidency, according to a new survey by The Associated Press-NORC Center for Public Affairs Research.

90. Trump jokes about election meddling with Putin -

OSAKA, Japan (AP) — With a smirk and a finger point, President Donald Trump dryly told Russia's Vladimir Putin "Don't meddle in the election" in their first meeting since the special counsel concluded that Moscow extensively interfered in the 2016 presidential campaign.

91. US to China: Fix tech policies. China's retort: Drop tariffs -

WASHINGTON (AP) — The Americans want to safeguard their technological riches, restore balance to their top trading relationship and force a sharp-elbowed rival to play by the rules and keep its word.

92. Takeaways from the Democratic presidential debate -

MIAMI (AP) — Democrats hoping that Wednesday night's first presidential debate of the 2020 campaign would be clarifying probably came away disappointed. There were no major stumbles but few standout moments as 10 candidates vied for the nation's attention.

93. US durable goods orders fall 1.3% in May with aircraft down -

WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell sharply in May while demand in a category that tracks business investment rose modestly.

Orders fell 1.3% in May following an even bigger 2.8% drop in April, the Commerce Department reported Wednesday. That weakness reflected a sharp falloff in orders for commercial aircraft, a category that has been hurt by the troubles with Boeing's MAX aircraft, which has been grounded by global regulators after two fatal crashes.

94. Top Middle Tennessee commercial sales for May 2019 -

Top commercial real estate sales, May 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

95. EU rules out reopening Brexit deal with whoever replaces May -

BRUSSELS (AP) — The European Union insisted Friday that it will not reopen the Brexit withdrawal agreement with the U.K. government whoever succeeds Theresa May as British prime minister.

Jean-Claude Juncker, the president of the EU's executive Commission, said the bloc's leaders were unanimous in the view that the Brexit deal, which has been rejected three times by the British parliament, should not be reopened.

96. UK central bank holds rates amid Brexit, trade uncertainty -

LONDON (AP) — The Bank of England kept its main interest rate on hold at 0.75% on Thursday and warned that a combination of Brexit worries and global trade tensions was weighing on growth.

97. US home construction slips 0.9% in May -

WASHINGTON (AP) — U.S. home construction slipped a bit in May as a sharp drop in single-family construction was only partially offset by a rise in apartment building.

The Commerce Department said Tuesday that construction was started at a seasonally adjusted annual rate of 1.27 million homes and apartments, a decline of 0.9% from April when construction starts had risen a strong 6.8 %. Applications for building permits, a good sign of future activity, edged up 0.3% in May to an annual rate of 1.29 million.

98. AP FACT CHECK: Trump fudges facts on economy, 2020 voting -

WASHINGTON (AP) — An eye toward his 2020 campaign, President Donald Trump is turning to a familiar playbook of exaggerated boasts about economic performance and overdrawn complaints about a race tilted against him.

99. Trump says he'd 'want to hear' foreign dirt on his rivals -

WASHINGTON (AP) — President Donald Trump says that if a foreign power offered dirt on his 2020 opponent he'd be open to accepting it and that he'd have no obligation to call in the FBI.

"I think I'd want to hear it," Trump said in an interview with ABC News, adding, "There's nothing wrong with listening."

100. Trump says he'd 'want to hear' foreign dirt on his rivals -

WASHINGTON (AP) — President Donald Trump says that if a foreign power offered dirt on his 2020 opponent he'd be open to accepting it and that he'd have no obligation to call in the FBI.

"I think I'd want to hear it," Trump said in an interview with ABC News, adding, "There's nothing wrong with listening."