Editorial Results (free)
1.
Bolding Advocates For Underserved Market -
Friday, May 31, 2013
Some people get up early to look at the sports pages or comics in the local newspaper, but Tim Bolding wakes up early to look at foreclosure notices.
2.
Dining Out for Life -
Tuesday, April 23, 2013
Last week we discussed the Memphis Area Fellowship of Christian Athletes, which is focused on making a positive, and eternal, impact in the arena of athletics. This week let us explore an organization with the mission of helping people affected by HIV/AIDS live well: Friends For Life Corp.
3.
Fed Survey: Housing, Auto Sales Lift US Economy -
Thursday, April 18, 2013
WASHINGTON (AP) — A strengthening housing recovery and robust auto sales contributed to moderate economic growth across the United States in late February and March, according to a Federal Reserve survey released Wednesday.
4.
Events -
Saturday, April 13, 2013
New Ballet Ensemble will present Springloaded Friday, April 12, through Sunday, April 14, at Playhouse on the Square, 66 S. Cooper St. The annual event fuses ballet, contemporary and urban dance with works by local and guest choreographers. Visit nbespringloaded13.eventbrite.com for times and tickets.
5.
Marx-Bensdorf Prides Itself on Strong Independent Spirit -
Saturday, April 13, 2013
A small, boutique real estate agency sees longevity as its strength rather than its worth to larger companies looking for acquisition targets.
And Marx-Bensdorf Realtors remained strong through the recession by staying out from under other people’s umbrellas.
6.
Events -
Friday, April 12, 2013
New Ballet Ensemble will present Springloaded Friday, April 12, through Sunday, April 14, at Playhouse on the Square, 66 S. Cooper St. The annual event fuses ballet, contemporary and urban dance, with works by local and guest choreographers. Visit nbespringloaded13.eventbrite.com for times and tickets.
7.
US Jobless Claims Jump 16,000 to 357,000 -
Friday, March 29, 2013
WASHINGTON (AP) – The number of Americans seeking unemployment benefits jumped by 16,000 last week, the second straight weekly increase. But the longer-term trend in layoffs remained consistent with an improved job market.
8.
United Housing Launches Home Matters Movement -
Saturday, March 23, 2013
United Housing has helped launch a new national movement called Home Matters, aiming to build public support for the role that a home plays in thriving lives, families and a stronger economy.
Home Matters is spearheaded by National NeighborWorks Association – of which Memphis-based United Housing is a member – along with a coalition of housing and community development organizations and nonprofits.
9.
United Housing Launches Home Matters Movement -
Wednesday, March 20, 2013
United Housing has helped launch a new national movement called Home Matters, aiming to build public support for the role that a home plays in thriving lives, families and a stronger economy.
Home Matters is spearheaded by National NeighborWorks Association – of which Memphis-based United Housing is a member – along with a coalition of housing and community development organizations and nonprofits.
10.
Assisi Foundation Provides Grant to Meritan Inc. -
Saturday, March 16, 2013
The Assisi Foundation has given a $201,000 grant to Meritan Inc. to build the first medical residential home solely owned and operated by Meritan.
11.
Artspace Granted 15-Year Tax Break -
Saturday, March 16, 2013
National nonprofit Artspace Projects Inc. was granted a 15-year tax freeze Tuesday, March 12, for its live/work space for local artists behind The Arcade Restaurant called South Main ArtSpace Lofts.
12.
Assisi Foundation Provides Grant to Meritan Inc. -
Thursday, March 14, 2013
The Assisi Foundation has given a $201,000 grant to Meritan Inc. to build the first medical residential home solely owned and operated by Meritan.
13.
Artspace Granted 15-Year Tax Break -
Thursday, March 14, 2013
National nonprofit Artspace Projects Inc. was granted a 15-year tax freeze Tuesday, March 12, for its live/work space for local artists behind The Arcade Restaurant called South Main ArtSpace Lofts.
14.
Land Use to Consider RV Park Conversion -
Thursday, March 14, 2013
The company that owns the old Memphis Mobile City mobile home park wants to turn the site that flooded seven times in 10 years including floods in 2010 and 2011 into a resort for recreational vehicles with cabins and manufactured homes on adjoining acreage.
15.
‘All is Not Lost’ -
Thursday, March 07, 2013
Baptist Memorial Health Care Corp. has been nationally recognized for its work providing health care services for the homeless population of the Mid-South, helping people like Grace Hilton-Young transform their lives.
16.
South Main’s New Life -
Saturday, March 02, 2013
The history of the South Main Historic Arts District is as colorful as its present-day users, an alternating rhythm of sorts in Memphis’ songbook.
The area has oscillated from its ritzy suburban roots of the 1800s to the industrial era ghost town of the 20th century and now to its current status as Downtown’s flourishing arts and boutique district and the subject of some $100 million in investment. And it’s all due to stakeholders who braved the status quo in distinguishing the southern end of the Central Business District as that funky place with an indescribable vibe.
17.
Mayor, Banks Revive Program Targeting City’s Unbanked -
Monday, February 04, 2013
It started with a letter. More than two dozen of them, actually. Bankers from around Memphis got a missive from Memphis Mayor A C Wharton Jr. in 2010 that solicited help from bankers like Joe DiNicolantonio, West Tennessee area president for Regions Bank.
18.
Filling the Voids -
Saturday, February 02, 2013
Last year was a banner year for adaptive reuse projects in Midtown and Downtown.
Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.
19.
‘Stable’ Foreclosures -
Thursday, January 17, 2013
The Crowne Plaza Hotel at 300 N. Second St. sits on a little less than two acres near Interstate 40. The Shelby County Assessor of Property’s 2012 appraisal for the 11-story, 244-room hotel was $6.6 million.
20.
US Still Faces Political Fights on Spending, Debt -
Thursday, January 03, 2013
WASHINGTON (AP) – A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.
21.
Wells Fargo Funds Start Homebuyer Program -
Monday, December 10, 2012
A major effort to help people buy and keep homes in Memphis and Shelby County has launched, thanks to funding received by Memphis and Shelby County from Wells Fargo.
The Memphis-Shelby County Helping Homebuyers program is providing down payment assistance of up to $15,000 to qualifying borrowers who buy and live in a home in the city or county. The funds also can be used for renovation.
22.
Federal Reserve Survey: US Economy Growing at Steady Pace -
Thursday, November 29, 2012
WASHINGTON (AP) – A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.
23.
United Housing to Relocate to Oakhaven/Parkway Village -
Tuesday, November 27, 2012
United Housing Inc. is preparing to move from its Midtown offices at 51 N. Cooper St. to 2750 Colony Park Drive, near the old Mall of Memphis site in the Oakhaven/Parkway Village area.
24.
Expert: Investors Confound Housing -
Monday, November 12, 2012
The role of investor-driven neighborhoods in Memphis is growing, and the impact on different kinds of neighborhoods is largely unstudied and unknown.
For instance, what does it mean that going into 2012, 54 percent of residential property sales were accounted for by investor purchases from the Real Estate Owned (REO) inventory of foreclosing lenders?
25.
Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -
Wednesday, October 31, 2012
WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
26.
Buffett Says US Economy Still Inching Ahead -
Thursday, October 25, 2012
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.
But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.
27.
Soul Map -
Monday, October 22, 2012
The Soulsville arrows beneath the Bellevue Boulevard railroad overpasses near Walker Avenue point north and south. It is the first indication that you are in an area where several possibilities can coexist.
28.
After Pandit, a Smaller Citigroup Could Get Smaller Yet -
Thursday, October 18, 2012
NEW YORK (AP) – The incredible shrinking bank may have to shrink more.
In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank.
29.
Song and Dance -
Thursday, October 18, 2012
Collectively, Sue Stinson Turner, Lisa Reid and Amy Linthicum have more than a century’s worth of experience in the real estate and banking industries.
30.
US Rate on 30-Year Mortgage Rises to 3.39 Percent -
Friday, October 12, 2012
WASHINGTON (AP) – Average U.S. rates on fixed mortgages ticked up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy.
31.
Fed: Housing Lifts Growth in Most US Regions -
Thursday, October 11, 2012
WASHINGTON (AP) – Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday.
32.
Events -
Thursday, October 04, 2012
St. Jude Children’s Research Hospital will host its 50th Year Anniversary Biomedical Symposium Thursday, Oct. 4, and Friday, Oct. 5, at the hospital, 262 Danny Thomas Place. Speakers include some of the world’s leading cancer scientists. Visit stjude.org.
33.
Events -
Tuesday, October 02, 2012
Greater Memphis Chamber will host A Conversation With … Dr. Mark Emmert, president of the NCAA, Tuesday, Oct. 2, from 11:30 a.m. to 1 p.m. at Holiday Inn University of Memphis, 3700 Central Ave. The topic is “Is College Sports Broken?” Cost is $35 for members and $40 for nonmembers. R.S.V.P. to Tunga Lee at tlee@memphischamber.com or 543-3571.
34.
Events -
Monday, October 01, 2012
Greater Memphis Chamber will host A Conversation With … Dr. Mark Emmert, president of the NCAA, Tuesday, Oct. 2, from 11:30 a.m. to 1 p.m. at Holiday Inn University of Memphis, 3700 Central Ave. The topic is “Is College Sports Broken?” Cost is $35 for members and $40 for nonmembers. R.S.V.P. to Tunga Lee at tlee@memphischamber.com or 543-3571.
35.
Data Suggest US Economy Growing Only Modestly -
Friday, September 28, 2012
WASHINGTON (AP) – A spate of data Thursday painted a mixed picture of the U.S. economy: Demand for long-lasting manufactured goods fell and slightly fewer people signed contracts to buy homes. At the same time, the job market looked a little better.
36.
New US Home Sales Edged Down 0.3 Percent in August -
Thursday, September 27, 2012
WASHINGTON (AP) – Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount.
New-home sales edged down to a seasonally adjusted annual rate of 373,000 in August, a dip of 0.3 percent from July's revised rate of 374,000, the Commerce Department said Wednesday. That had been the fastest pace since April 2010 when government tax credits were boosting sales.
37.
Return on Investment -
Monday, September 24, 2012
Most people already know some of the basic elements of the banking business. From the large national lenders with a Memphis presence to the community banks in the suburbs, one common element is they make money by charging borrowers more than the bank pays in interest to depositors.
38.
US New-Home Sales Rise to Match 2-Year High -
Friday, August 24, 2012
WASHINGTON (AP) – Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.
The Commerce Department said Thursday that new-home sales reached a seasonally adjusted annual rate of 372,000. That's the same as in May, which was the highest since April 2010.
39.
United Housing Reaches 2,500th Homeowner -
Monday, August 20, 2012
United Housing Inc., a nonprofit housing agency, recently assisted its 2,500th homeowner when Joyce Taylor closed on her first home in the Scenic Hills area of Raleigh.
40.
Patterson’s Fly Honored as Leader in Logistics -
Friday, August 10, 2012
Before there were traffic counts and computer models and the specific concept of supply chain management, there was a map of the continental United States and maybe some concentric circles with Memphis at the center and most of the 48 states within those circles.
41.
Focus Shifts Back to the US -
Wednesday, July 25, 2012
After China’s deluge of economic information took the spotlight last week, investors this week shifted their gaze back to the United States for a couple of big ticket items.
First, Federal Reserve Chairman Ben Bernanke made his way to the place that is held in high esteem by the American public: Capitol Hill. He provided his semi-annual testimony to the legislators on Tuesday and Wednesday.
42.
Economic Dev. Conference Slated for Saturday -
Wednesday, July 11, 2012
The Home for the Holidays Summer Conference 2012 is slated for Saturday, July 14, from 9 a.m. to 2 p.m. on the Union Avenue Campus of Southwest Tennessee Community College in the Verties Sails Gymnasium (Building E).
43.
Organization Gives Hope to Homeless Community -
Tuesday, July 10, 2012
When two homelessness initiatives received $450,000 in Shelby County funding in the most recent budget, the members of Homeless Organizing for Power and Equality (H.O.P.E.) celebrated with a victory party that featured music, dancing, cake and a home-cooked meal.
44.
After the Flood -
Wednesday, July 04, 2012
It was at about this time a year ago that the floodwaters had at last receded from the cluster of mobile home parks around the intersection of U.S. 51 and North Watkins Road in Frayser.
The flooding of the Mississippi River and its tributaries marked the highest river levels at Memphis since the 1937 flooding that set the record for river flooding in Memphis.
45.
SRVS Awarded Grant for Housing Projects -
Thursday, June 28, 2012
Tennessee Housing Development Agency’s Housing Trust Fund Program has awarded a $690,000 grant to Memphis-based SRVS, West Tennessee’s most comprehensive service provider for people with disabilities, to construct and/or renovate six homes for low-income people with disabilities.
46.
Friendship Safehaven Uses Theater To Enrich Children’s Lives -
Tuesday, June 05, 2012
An attorney by day, Linda Harris spends her evenings and weekends enriching children’s lives through Friendship Safehaven, the Memphis area nonprofit she established just more than five years ago.
47.
US Economy Appears Weaker Ahead of Jobs Report -
Friday, June 01, 2012
WASHINGTON (AP) – The U.S. economy is looking slightly weaker one day before a critical report on May job growth.
Economic growth was a little slower in the first three months of the year than first estimated, largely because governments and consumers spent less and businesses restocked their supplies more slowly.
48.
Loeb Makes Progress on Square Plan -
Tuesday, May 15, 2012
The blue banner that hung until recently at the curved building at Cooper Street and Madison Avenue and read “Returning in 2012” will soon ring true for Overton Square and its developer, Loeb Properties Inc.
49.
Buffett Says Investors Shouldn’t Act on Headlines -
Tuesday, May 08, 2012
OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday that Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend’s election results in Greece and France.
50.
A Weaker First Quarter Doesn't Mean a Weak Year -
Monday, April 30, 2012
WASHINGTON (AP) – The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year.
51.
Events -
Thursday, April 19, 2012
On Location: Memphis International Film & Music Fest will be held Thursday, April 19, through Sunday, April 22. Visit onlocationmemphis.org for locations, show times and ticket prices.
52.
Foreclosures Up 30 Pct. in Q1 -
Thursday, April 19, 2012
The timing and backdrop seem fitting. During the first quarter of 2012, the same three-month period in which the state of Tennessee announced its participation in a $25 billion settlement with some of the biggest lenders over foreclosure abuses, the number of foreclosures in Shelby County swelled by almost 30 percent.
53.
United Housing to Hold Evening at the Theater -
Wednesday, April 18, 2012
United Housing will host its “An Evening at the Theater” on Thursday, April 19, consisting of a dinner and a special viewing of “Present Laughter” – a comedy based in the 1940s that the New York Times calls, “sharp, withering and funny.”
54.
Blight Fight -
Monday, March 26, 2012
Memphis is one of five cities to receive a $25,000 grant from the National Association of Realtors to demolish about 20 vacant, blighted homes.
More than 30 cities applied for a NAR “Game Changer” grant, a new program with somewhat open-ended criteria centered on bettering the real estate industry and America’s homeowners.
55.
Spring Break Service -
Friday, March 23, 2012
Like many college students, Annie Marcum and Lisa Stockdale of South Carolina’s Clemson University had planned to spend spring break enjoying the beach.
56.
FedEx Reports 126 Pct. Earnings Increase -
Friday, March 23, 2012
Memphis-based FedEx Corp. reported net earnings for its third quarter of $521 million or $1.65 a share compared with $231 million in earnings a year ago or 73 cents a share.
57.
United Housing Opens Smart Classroom -
Wednesday, March 21, 2012
United Housing Inc. has revolutionized its Homebuyer Education classroom at its office, 51 N. Cooper St., to a smart one with funds from a City of Memphis Strategic Community Investment Fund grant.
58.
Will Higher Gas Prices Derail the Economy? -
Thursday, March 01, 2012
NEW YORK (AP) – The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?
59.
Buffett Says Stocks, Homes Cheaper Now -
Tuesday, February 28, 2012
OMAHA, Neb. (AP) – Billionaire Warren Buffett said Monday, Feb. 27, that stocks remain relatively cheap compared to other investments as the economy continues to improve. He also said that the company he heads is prepared to replace him whenever the need arises.
60.
Local QR Real Estate Usage Grows Slowly -
Tuesday, February 21, 2012
First seen in Japan in the mid-1990s, quick response codes could add momentous efficiency in the residential real estate world, allowing virtual tours of houses to take place on mobile devices.
But only 14 million American mobile device users have interacted with a QR code, according to recent study by digital business analytics firm comScore Inc. That means less than 5 percent of the American public has scanned a QR code.
61.
Making Friends For Life -
Tuesday, February 14, 2012
Last week we reflected on a recent visit from LPBC guest speaker, Dr. Joseph Michelli, who shared the personal and community value of creating a legacy statement – one sentence that defines our impact on Earth and how others will remember us after we are gone. This week let us explore an organization with the mission of helping people affected by HIV/AIDS live well: Friends For Life Corp.
62.
CRE Outlook Remains Mixed -
Wednesday, February 08, 2012
A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.
63.
CRE Outlook Remains Mixed -
Thursday, February 09, 2012
A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.
64.
LeMoyne-Owen Events Highlight Black History -
Tuesday, February 07, 2012
LeMoyne-Owen College President Johnnie B. Watson grew up in a housing project across the street from the historically black liberal arts college he now leads at 807 Walker Ave. in South Memphis.
65.
Manufacturing Expands at Fastest Pace Since June -
Thursday, February 02, 2012
WASHINGTON (AP) – U.S. factories grew in January at the fastest pace in seven months, boosted by a rise in new orders. And builders ended a poor year for construction by spending more on homes and projects for the fifth straight month.
66.
Fed Unlikely to Raise Rates Until at Least 2014 -
Thursday, January 26, 2012
WASHINGTON (AP) – The Federal Reserve went further than ever Wednesday to assure consumers and businesses that they'll be able to borrow cheaply well into the future.
The Fed pushed back the date for any likely increase in its benchmark interest rate by at least a year and a half, until late 2014 at the earliest.
67.
Rising Factory Output Gives Economy a Lift -
Thursday, January 19, 2012
WASHINGTON (AP) – U.S. factories are roaring back from the depths of the recession, cranking out more machinery, vehicles and energy.
Factory production has surged 15 percent above its lows of 2½ years ago and is helping drive the economy's recovery.
68.
Fed Survey Shows Economy Ended 2011 With Strength -
Thursday, January 12, 2012
WASHINGTON (AP) – The final weeks of 2011 were the economy's best since it seemed to be slipping toward recession in late spring – a shot of optimism for 2012.
Consumers spent more freely. Factories made more goods. Americans stepped up travel. And the auto industry enjoyed its best stretch of the year.
69.
Economy Ends Tough 2011 on a Surprising Upswing -
Friday, December 23, 2011
WASHINGTON (AP) – The economy is ending 2011 on a roll.
The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed housing industry may be under way. Gas is cheaper. Factories are busier. Stocks are higher.
70.
BofA in $335M Settlement Over Countrywide Loans -
Thursday, December 22, 2011
Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers on home loans.
71.
Smith & Nephew Cuts Part of Tough Year for Industry -
Friday, December 16, 2011
Smith & Nephew is the latest medical device maker to cut Memphis jobs in what’s proven to be a formidable year for the industry.
The London-based company Tuesday, Dec. 16, reduced its workforce by about 80 at its Memphis-based orthopedics unit, where it employs roughly 2,000 people.
72.
Feds Move Closer to Approving New Nuclear Reactor -
Thursday, December 15, 2011
ATLANTA (AP) – Federal regulators are leaning toward approving a nuclear reactor designed by Westinghouse Electric Co. that could power the first nuclear plants built from scratch in a generation.
73.
US Household Wealth Takes Biggest Hit Since 2008 -
Friday, December 09, 2011
WASHINGTON (AP) – Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values lost value.
At the same time, corporations raised their cash stockpiles to record levels.
74.
Sales of New Homes Up in October, But Prices Fall -
Tuesday, November 29, 2011
WASHINGTON (AP) – Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's – the worst in half a century.
75.
New Memphians Get Taste of Thanksgiving -
Monday, November 21, 2011
New Memphian Sia Forleh, who spent three years in Malaysia after fleeing civil war in her native Liberia, enjoyed her first Thanksgiving celebration in Memphis Thursday, Nov. 17, with a group of 200 people that included other refugees from around the world, as well as new American friends and volunteers.
76.
US Housing Starts Down Slightly in October -
Friday, November 18, 2011
WASHINGTON (AP) – U.S. builders started slightly fewer homes in October but submitted plans for a wave of apartments, a mixed sign for the struggling housing market.
Builders broke ground on a seasonally adjusted annual rate of 628,000 homes last month, the Commerce Department said Thursday. That's roughly half the 1.2 million that economists equate with a healthy housing market.
77.
House-Senate Negotiators Unveil Spending Bill -
Wednesday, November 16, 2011
WASHINGTON (AP) – House and Senate negotiators have agreed on a bundle of spending measures for the ongoing budget year, blending cuts to NASA and community development programs while averting cuts to nutrition programs.
78.
US Curbs Work Program for Foreign College Students -
Tuesday, November 08, 2011
JACKSON, Miss. (AP) – The State Department put a freeze Monday on expansion of a program that lines up summer jobs in the U.S. for foreign college students, citing persistent complaints about young people getting ripped off and exploited.
79.
Home Building Jumps 15 Percent in September -
Thursday, October 20, 2011
WASHINGTON (AP) – Home builders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy.
Most of the gain was driven by a surge in volatile apartment construction. That could help create jobs and boost economic growth, but it doesn't signal a comeback for the depressed housing market.
80.
Council Considers Pyramid’s Ramesses -
Tuesday, October 04, 2011
Now that the city of Memphis has issued a bid request to start demolition of the interior of The Pyramid, the Memphis City Council is revisiting the fate of the Ramesses statue outside The Pyramid.
81.
A Summer Many Investors Would Rather Forget -
Monday, October 03, 2011
NEW YORK (AP) – It was a stomach-churning summer that most investors would like to forget.
The United States lost its top-of-the-line credit rating for the first time. The financial system of Europe seemed ready to collapse. Money managers sifted through data for signs that the economy was about to slide into a new recession.
82.
August Home Building Fell 5 Pct., Slide Continues -
Wednesday, September 21, 2011
WASHINGTON (AP) – U.S. builders broke ground on fewer homes in August, evidence that the housing market remains depressed.
The Commerce Department said Tuesday that builders began work on a seasonally adjusted 571,000 homes last month, a 5 percent decline from July and a three-month low. That's less than half the 1.2 million that economists say is consistent with healthy housing markets.
83.
Household Wealth Dipped in the Spring -
Monday, September 19, 2011
WASHINGTON (AP) – Americans' wealth declined this spring for the first time in a year, as stocks and home values fell. At the same time, corporations increased the size of their cash stockpiles.
84.
UPS Doesn't See US Headed for Another Recession -
Friday, September 16, 2011
UPS is sticking with its earnings forecast for the full year despite what it warns will be a "bumpy ride" for the global economy.
And although slowing U.S. growth and sliding consumer confidence are bringing up comparisons to 2008, the world's largest package delivery company doesn't think the U.S. is headed for another recession.
85.
S&P Chief Resigns; Hedge Fund Seeks Parent Split -
Wednesday, August 24, 2011
NEW YORK (AP) – Standard & Poor's wild month continues.
The president of S&P is stepping down just two weeks after the rating agency stripped the United States of its AAA credit rating. At the same time, an activist hedge fund is calling for S&P's parent to break into four separate companies to unlock more value for shareholders.
86.
Consumer Prices Rose by the Most Since March -
Friday, August 19, 2011
WASHINGTON (AP) – Consumers paid more for gas, food and clothes last month, pushing prices up by the most since the spring.
The Consumer Price Index rose 0.5 percent in July, the Labor Department said Thursday. That followed a drop of 0.2 percent in June.
87.
July Home Building Slips After Early-Summer Bump -
Wednesday, August 17, 2011
WASHINGTON (AP) – U.S. builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels.
The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5 percent decrease from June. That's half the 1.2 million homes per year that economists say must be built to sustain a healthy housing market.
88.
Memphis Habitat Honored for Youth Involvement -
Tuesday, August 09, 2011
Habitat for Humanity of Greater Memphis has been selected to receive a Youth United Building the Future honorable mention from Habitat for Humanity International for empowering young people to help families obtain affordable housing. Through Habitat’s Youth United program, student groups of all ages work with local Habitat affiliates to fund and build a Habitat house.
89.
Spring Buying Gives Housing Market Temporary Lift -
Wednesday, July 27, 2011
WASHINGTON (AP) — Home prices rose for the second straight month in most major U.S. cities and are stabilizing after years of declines. But analysts say the trend in prices hardly signals a rebound for the troubled housing market.
90.
Get on the Bus -
Tuesday, July 26, 2011
A large red, white and blue bus is traveling America to promote what the National Association of Realtors calls the “foundation of American values” – home ownership.
And the nation’s largest real estate trade association says that ideal is in jeopardy.
91.
Renewed Vision -
Tuesday, July 12, 2011
Victorian Village Inc. executive director Scott Blake has spent the past five years diligently working to revitalize the neighborhood he calls home, and a slew of recent projects indicate Victorian Village could be on the cusp of a renaissance.
92.
Auto Industry, Seeing New Life, is on Hiring Spree -
Thursday, July 07, 2011
DETROIT (AP) – Volkswagen opened a plant in Tennessee last month with 2,000 workers. Honda is hiring 1,000 in Indiana to meet demand for its best-selling Civic. General Motors is looking for 2,500 in Detroit to build the Chevy Volt.
93.
Events -
Wednesday, June 29, 2011
Talk Shoppe will present “The Mastermind Principle” Wednesday, June 29, from 9 a.m. to 10 a.m. at Hyatt Place, 9161 Winchester Road. For more information, call Jo Garner at 482-0354.
94.
Events -
Tuesday, June 28, 2011
The Alliance for Nonprofit Excellence will hold a workshop Tuesday, June 28, from 8:30 a.m. to noon at its office, 5100 Poplar Ave., suite 502. Participants will learn how to search for and find the most promising grant opportunities for their organizations. Cost is $60 for members, $110 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.
95.
Events -
Monday, June 27, 2011
Visible Music College and the Cooper Young Business Association will present Visible Live, a free live concert featuring Visible students, alumni and staff, Monday, June 27, from 6 p.m. to 8 p.m. at the corner of Cooper Street and Young Avenue. The Teacher’s Lounge Trio will perform. For more information, visit www.cooperyoung.biz.
96.
Murry-Drobot Joins Family Safety Center -
Wednesday, June 15, 2011
Olliette Murry-Drobot has joined the Family Safety Center of Memphis and Shelby County as executive director.
Hometown: West Memphis
Work Experience: Fourteen years in not-for-profit management, neighborhood revitalization, organizational development and social services delivery. Recently, I served as the executive director for the Southeast Memphis Community Development Corp. and as a lead consultant on community outreach efforts for The Center for Criminology and Research at the University of Memphis.
97.
United Housing, SRVS Open Oakwood Home -
Monday, June 13, 2011
United Housing and Shelby Residential and Vocational Services will celebrate the completion and occupancy of a new home for people with disabilities with a ribbon-cutting June 29 at 2 p.m.
The home, at 1586 Oakwood Drive, was built by a partnership between the two organizations, with funding provided by the Housing and Urban Development’s Neighborhood Stabilization Program and the TARP stimulus package. SRVS received $1 million to renovate a total of seven single-family homes.
98.
Americans' Equity in Their Homes Near a Record Low -
Friday, June 10, 2011
WASHINGTON (AP) – Falling U.S. home prices have shrunk the equity Americans have in their homes to nearly the lowest percentage since World War II.
Average home equity plunged from more than 61 percent at the start of 2001 to 38 percent in the January-March quarter this year, the Federal Reserve said in a report Thursday. That drop comes as home prices in big metro areas have reached their lowest level since 2002.
99.
Contracts to Buy Homes Fall to a 7-Month Low -
Monday, May 30, 2011
WASHINGTON (AP) – The number of people who signed contracts to buy homes fell sharply in April, hitting its lowest point since fall and renewing fears that a recovery in the housing market is far off.
100.
Organization Works to ‘Advance’ 38126 ZIP -
Monday, May 30, 2011
The 38126 ZIP code shone brightly in the national spotlight when President Barack Obama delivered the commencement address at Booker T. Washington High School after the school won the 2011 White House Race to the Top Commencement Challenge.