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1. Why the US Will Power the World Economy in 2015
- Tuesday, December 30, 2014
WASHINGTON (AP) – The United States is back, and ready to drive global growth in 2015.
After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.
2. Education Secretary Praises Local Schools Leaders
- Saturday, September 20, 2014
Sustainability is a term associated with environmental efforts, though innovation is a much more popular term across causes from economic development to education reform.
But when U.S. Education Secretary Arne Duncan came to Memphis this month as the last stop on a three-state bus tour of school districts, it was the word sustainability that came up more often than innovation.
3. As US Job Market Strengthens, Many Don't Feel It
- Friday, August 01, 2014
WASHINGTON (AP) — For millions of workers, happy days aren't quite here again.
Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months.
4. Political Indecision Weighs on Economic Forecasts
- Friday, July 19, 2013
WASHINGTON (AP) – Politicians and economists are straining to get a clearer view of what the economy will look like a year from now, when midterm political campaigns are heating up. Republicans see the glass as half empty; Democrats view it as half full. And the economists aren't sure.
5. Rise in US Home Sales Reflects Steady Improvement
- Thursday, August 23, 2012
WASHINGTON (AP) – Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving.
Sales of previously occupied homes rose to a seasonally adjusted annual rate of 4.47 million in July, a 2.3 percent increase from the previous month's rate, the National Association of Realtors said Wednesday.
6. Analysts: Recession Likely Without Budget Accord
- Thursday, August 23, 2012
WASHINGTON (AP) – A new recession is likely if a stalemate over tax and spending cuts continues between Democrats and Republicans, according to dire projections by the nonpartisan Congressional Budget Office on one of the this year's defining campaign issues.
7. EDGE Agency’s Dillihunt Loves Selling Memphis
- Friday, June 08, 2012
One good way of determining a person’s love for the city in which they live is to ask them to sell that city to other people.
Keith Dillihunt has done that before as an executive recruiter. He also does it for his new job with the Economic Development Growth Engine, a still relatively new player on the scene in Memphis that’s trying to shake out some of the bureaucratic tangles from the area’s business recruitment and retention efforts.
8. McKesson VP: Slowness Cost Memphis
- Thursday, March 29, 2012
When McKesson Pharmaceutical Co. went looking for another redistribution center, it wanted 70 acres of land for what wound up being a $135 million investment, the largest capital investment made in the history of the health care software, automation and services company.
9. Economy Could Suffer if Tax Cut, Jobless Aid End
- Monday, November 28, 2011
WASHINGTON (AP) – A tax cut that reaches 160 million Americans and government aid for the long-term unemployed will expire at the end of the year – sucking $165 billion out of the economy next year – unless Congress takes action.
10. CBO: Debt Crisis Looms Absent Major Policy Changes
- Thursday, June 23, 2011
WASHINGTON (AP) – A new report says that the national debt is on pace to equal the annual size of the economy within a decade, levels that could provoke a European-style debt crisis unless policymakers in Washington can slam the brakes on spiraling deficits.
11. Census: 1 in 7 Americans Live in Poverty
- Friday, September 17, 2010
WASHINGTON (AP) – The ranks of the working-age poor climbed to the highest level since the 1960s as the recession threw millions of people out of work last year, leaving one in seven Americans in poverty.
12. CBO: Federal Deficit Projected at $1.35T
- Wednesday, January 27, 2010
WASHINGTON (AP) - The Senate on Tuesday rejected a plan backed by President Barack Obama to create a bipartisan task force to tackle the federal deficit this year, despite glaring new figures showing the enormity of the red-ink threat.
13. Bonus Comeback: Bailout, Lobbying Boost Bank Pay
- Friday, January 15, 2010
NEW YORK (AP) - The fat cats were supposed to get their comeuppance.
After Wall Street's most prominent firms – by their own admission – helped cause the 2008 financial meltdown and got bailed out by the government, they were supposed to stop handing out million-dollar bonuses to their employees. No one was supposed to get seven- and eight-figure rewards, not after the Great Recession left one in 10 Americans unemployed. Not after President Barack Obama – who on Thursday called such pay "obscene" – had promised to clamp down on lavish bonuses.
14. Budget Umpire: Health Care Bills Would Raise Costs
- Friday, July 17, 2009
WASHINGTON (AP) - Democrats' health care bills won't meet President Barack Obama's goal of slowing the ruinous rise of medical costs, Congress' budget umpire warned on Thursday, giving weight to critics who say the legislation could break the bank.
15. Developer Turns Vacant Warehouses Into Living Space
- Wednesday, April 01, 2009
A row of multi-colored duplexes tucked behind an old warehouse on Linden Avenue could be a textbook illustration for urban infill development and adaptive reuse.
The new duplexes are the first phase of housing that will come on the market with the Linden Yards development, which also will transform three brick-and-mortar warehouses on both sides of the street into living space. The 4.5-acre site is immediately west of and across the railroad tracks from Southwest Tennessee Community College.
16. Consumer Prices Surge, Job Market Remains Strained
- Monday, August 18, 2008
WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.
A raft of gloomy economic data on Thursday represented a setback for those hoping to see signs of better times ahead and it may keep the Federal Reserve jammed between rising inflation and slowing growth.
17. Stallworth Named Board President At Association of Fundraising Professionals
- Wednesday, March 26, 2008
Virginia Stallworth is the new president of the board of directors for the Association of Fundraising Professionals.
Stallworth has served on the board since 2005. She is the associate director at the Memphis Child Advocacy Center, where she has worked for nine years. Stallworth also serves on the board of directors for the Memphis Area Women's Council.
18. Thompson's 'Candidacy' Draws Variety of Supporters
- Monday, August 06, 2007
Once Republican presidential hopeful Fred Thompson filed the first financial report due from the committee managing his possible 2008 bid last week, media coverage immediately focused on his total haul.
19. Fayette County Towns Plan to Stay Rural
- Tuesday, January 17, 2006
A man's home is his castle, and Hickory Withe in rural Fayette County offers as good a place as any to build one.
It's a country hamlet whose residents don't occupy rows of the tightly packed houses found in cookie-cutter subdivisions. Homeowners come to Hickory Withe looking for space - and plenty of it.