Editorial Results (free)
1. US Sales of New Homes Dip 0.3 Percent in October
- Thursday, November 29, 2012
WASHINGTON (AP) – U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy.
2. US Trade Deficit Rose to $44.2 Billion in August
- Friday, October 12, 2012
WASHINGTON (AP) – The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The wider deficit likely dragged on already-weak economic growth.
3. US Wholesale Stockpiles Grew 0.5 Percent in August
- Thursday, October 11, 2012
U.S. wholesalers increased their stockpiles in August and their sales rose for the first time in four months. The gains could provide a boost to the still-weak economy.
The Commerce Department said Wednesday that wholesale stockpiles grew 0.5 percent in August after a 0.6 percent increase in July.
4. Measure of Future US Activity Falls
- Friday, September 21, 2012
A measure of U.S. economic activity declined in August for the second time in three months, suggesting the economy remains weak.
The Conference Board says its index of leading indicators, designed to forecast future economic activity, dipped 0.1 percent in August after rising 0.5 percent in July and dropping 0.5 percent in June.
5. US Factory Orders Rose 2.8 Percent in July
- Monday, September 03, 2012
WASHINGTON (AP) – Orders to U.S. companies rose in July, reflecting a surge in demand for autos and commercial aircraft. But in a troubling sign of manufacturing weakness, a key orders category that tracks business investment plans fell by the largest amount in eight months.
6. US Factory Orders Fell 0.5 Percent in June
- Friday, August 03, 2012
Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing.
The Commerce Department said Thursday that factory orders fell 0.5 percent in June, the third decline in four months.
7. US Jobless Claims Drop by 35,000 to 353,000
- Friday, July 27, 2012
WASHINGTON (AP) – The number of Americans applying for unemployment benefits dropped by 35,000 last week, a figure that may have been distorted by seasonal factors.
The Labor Department said Thursday that applications fell to a seasonally adjusted 353,000. That's down from a revised 388,000 the previous week and the biggest drop since February 2010.
8. US Wholesale Stockpiles Grew in May but Sales Fell
- Thursday, July 12, 2012
WASHINGTON (AP) — U.S. wholesale companies added modestly to their stockpiles in May. But sales at the wholesale level dropped by the largest amount in three years, a troubling sign for future growth.
9. New-Home Sales Rose at Fast Pace
- Tuesday, June 26, 2012
WASHINGTON (AP) – Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth.
10. US Factory Orders Fell in March by Most in 3 Years
- Thursday, May 03, 2012
WASHINGTON (AP) – Demand for U.S. factory goods dropped in March by the most in three years, driven lower by a sharp fall in volatile orders for commercial aircraft. Still, more recent data suggest the decline may be temporary.
11. US Factories Help Job Recovery Endure in March
- Friday, March 16, 2012
WASHINGTON (AP) – A resurgent U.S. job market that has lifted the economy appears to be enduring.
Factories in the Northeast kept hiring in early March. And the number of people applying for unemployment aid fell back to a four-year low. The economy is adding jobs at a time when inflation remains relatively mild outside of higher gas prices.
12. US Business Stockpiles Rose 0.7 Percent in January
- Wednesday, March 14, 2012
WASHINGTON (AP) – U.S. companies restocked at a faster pace in January, a sign that businesses expect stronger job growth to fuel more sales.
The Commerce Department said Tuesday that business stockpiles rose 0.7 percent in January after a 0.6 percent gain in December. Sales increased 0.4 percent January following a 0.9 percent December sales gain.
13. US Factory Orders Fell 1 Percent in January
- Tuesday, March 06, 2012
WASHINGTON (AP) – U.S. factory orders fell in January by the most in 15 months after businesses sharply reduced orders for machinery and equipment.
The decrease was largely expected after a tax cut expired at the end of last year. Even with the decline, orders have gradually been climbing back to near pre-recession levels.
14. More Seek Unemployment Aid, But Trend is Positive
- Friday, January 27, 2012
WASHINGTON (AP) – The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous week. But the longer-term trend is pointing to a healthier job market.
15. Retail Sales Weaken in Dec. But Cap Record Year
- Friday, January 13, 2012
WASHINGTON (AP) – America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud.
Sales eked out a 0.1 percent increase in December, to a seasonally adjusted $400.6 billion.
16. Businesses Increase Stockpiles 0.8 Pct. in October
- Wednesday, December 14, 2011
WASHINGTON (AP) – U.S. businesses increased their stockpiles in October after slowing inventory growth in the previous month. The buildup in inventories should help the economy grow modestly in the final months of the year.
17. 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.
18. Unemployment Applications Drop
- Friday, November 18, 2011
WASHINGTON (AP) – The number of people applying for unemployment benefits fell last week to the lowest level since early April, a sign that layoffs are easing and hiring may pick up.
Weekly applications dropped by 5,000 to a seasonally adjusted 388,000, the Labor Department said Thursday, Nov. 17. It was the fourth decline in five weeks.
19. US Sales of Previously Occupied Homes Fell in Sept.
- Friday, October 21, 2011
WASHINGTON (AP) – The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year's dismal figures – the worst in 13 years.
20. More People Sought Unemployment Benefits
- Friday, August 19, 2011
WASHINGTON (AP) – The number of people applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April.
21. 4-Month Low in Unemployment Claims Eases Fears
- Friday, August 12, 2011
WASHINGTON (AP) – After calamitous losses on Wall Street and fears of another recession, the economy got a dose of good news Thursday: The number of people applying for unemployment benefits fell below 400,000 for the first time since April.
22. Business Stockpiles Rose for 17th Month in May
- Friday, July 15, 2011
WASHINGTON (AP) – U.S. businesses added to their stockpiles for a 17th consecutive month in May. But sales fell for the first time in nearly a year, a sign that many companies could be forced to trim supply levels if the economy weakens.
23. Factories Busier in June After Spring Slump
- Monday, July 04, 2011
NEW YORK (AP) – U.S. factory activity picked up in June after a sluggish May, helped by lower gas prices and some easing of supply disruptions.
The Institute for Supply Management, a trade group of purchasing executives, said Friday that its index o activity rose to 55.3. The sector has now grown for 23 straight months. Last month's growth was the slowest in 20 months.
24. Home Sales Fall to 2011 Low; Few 1st-Time Buyers
- Wednesday, June 22, 2011
WASHINGTON (AP) – Fewer people bought previously occupied homes in May, lowering sales to their weakest point of the year.
Home sales sank 3.8 percent last month to a seasonally adjusted annual rate of 4.81 million homes, the National Association of Realtors said Tuesday. That's far below the roughly 6 million annual sales rate typical in healthy housing markets.
25. Few Jobs Added in May; Unemployment Up to 9.1 Pct
- Monday, June 06, 2011
WASHINGTON (AP) – U.S. employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by high gas prices and the effects of natural disasters here and abroad.
26. GOP Frosh Take Care of Districts in Defense Bill
- Tuesday, May 24, 2011
WASHINGTON (AP) – Hard-charging Republicans who rallied voters last year with cries of "Stop the spending, ban the earmarks" are quietly offering a more familiar Washington refrain now that they're in Congress – not in my backyard.
27. Fewer People Sought Unemployment Aid Last Week
- Friday, April 22, 2011
WASHINGTON (AP) – Fewer people applied for unemployment benefits last week, resuming a downward trend that signals stronger job growth ahead.
Applications for unemployment benefits fell to a seasonally adjusted 403,000 in the week ending April 16, the Labor Department said Thursday. The decline partially reversed a jump in applications from the previous week, which economists said was largely the result of a seasonal quirk.
28. Investors Drove Home Sales Up 3.7 Pct. in March
- Thursday, April 21, 2011
WASHINGTON (AP) – Investors lifted U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But purchases made by first-time homebuyers fell, a troubling sign for the weak housing market.
29. New-Home Construction Increases 7.2 Pct. in March
- Wednesday, April 20, 2011
WASHINGTON (AP) – Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season.
Home construction rose 7.2 percent in March from February to a seasonally adjusted 549,000 units, the Commerce Department said Tuesday. Building permits, an indicator of future construction, rose 11.2 percent after hitting a five-decade low in February.
30. Obama Sets Ambitious Goal to Reduce US Oil Imports
- Thursday, March 31, 2011
WASHINGTON (AP) – President Barack Obama on Wednesday called for a one-third reduction in U.S. oil imports by 2025, reviving a long-elusive goal of reducing America's dependence on foreign supplies as political unrest rocks the Middle East and gasoline prices rise at home.
31. Home Sales Fell 9.6 Pct. in February
- Tuesday, March 22, 2011
WASHINGTON (AP) — Fewer Americans bought previously occupied homes in February and those who did purchased them at steep discounts. The weak sales and rise in foreclosures pushed home prices down to their lowest level in nearly 9 years.
32. Fewer People Sign Contracts to Buy Homes in Jan.
- Tuesday, March 01, 2011
WASHINGTON (AP) – Fewer Americans signed contracts to buy homes in January, the latest evidence that the housing market is struggling to rise above depressed levels.
The National Association of Realtors says its index of sales agreements for previously occupied homes fell 2.8 percent last month to a reading of 88.9, the second straight monthly decline.
33. Foreclosures, Cash Deals Lifted January Home Sales
- Thursday, February 24, 2011
WASHINGTON (AP) – More people bought previously occupied homes in January. But sales surged on a rising number of foreclosures and all-cash deals, and not first-time home-buyers.
The rising number of distressed sales forced home prices down to their lowest level in nearly nine years, a troubling sign for the struggling housing sector.
34. Jobless Claims Rise, But Trend Shows Improvement
- Friday, December 03, 2010
WASHINGTON (AP) – More Americans applied for unemployment benefits last week, but the broader trend in layoffs points to a slowly healing job market. The average over the past month fell to a two-year low.
35. Dillihunt Joins Southeast Community Capital
- Wednesday, December 03, 2008
Craig Dillihunt has joined nonprofit financial institution Southeast Community Capital as assistant fund manager for the Memphis Business Opportunity Fund, a partnership between the city of Memphis, local banks and SCC.
36. Democrats at Work to Tap Bailout for Automakers
- Friday, November 14, 2008
WASHINGTON (AP) – Congressional Democrats are marshaling support for a rescue package to pump $25 billion in emergency loans to U.S. automakers in exchange for a government ownership stake in Detroit's car companies.
37. Estate Planning Council Elects Officers
- Wednesday, July 20, 2005
The Memphis Estate Planning Council announced the following officers for 2005-2006: David B. Jones, president; Frank E. Davis, vice president; Jeffrey E. Thompson, secretary; James L. Ferguson Jr., treasurer; and Mike Wood, immediate past president. Other executive committee members are Kermit B. Kaiser, Leanne W. McCullough, Samuel N. Graham and Teresa R. Hurst.
38. Archived Article: Newsmakers
- Wednesday, July 28, 2004
Agricenter Gets New Director of Research
Agricenter Gets New Director of Research
Jamie Jenkins joined Agricenter International as director of research. Jenkins previously worked with the University of Tennessee Agriculture Extension Service. ...
39. Archived Article: Newsmakers
- Wednesday, May 26, 2004
MLGW EXEC PRESENTED BEST COMMUNICATIONS AWARD
FedEx's Fred Smith Named CEO of the Year
FedEx Corp. chairman, president and chief executive officer Frederick W. Smith was named Chief Executive of the Year for 2004 by Chief Executive magazine....
40. Archived Article: Memos
- Wednesday, June 17, 1998
Rick Ruffin has joined Morgan Keegan & Co Rick Ruffin has joined Morgan Keegan & Co. Inc. as a first vice president in institutional fixed income sales. Ruffin formerly was manager of J.C. Bradfords client services group. He has a bachelors ...
41. Archived Article: Calendar
- Monday, April 15, 1996
04-15 Calendar April 15 East Memphis Business and Professional Women will meet at 6 p.m. at the Lulu Grille. The speaker will be Diane Davis, a career counselor who works through the Christian Psychological Center. For more information, call Joy Lee...
42. Archived Article: Timber Jts
- Wednesday, November 01, 1995
11/1 jts Timber Housing starts increase lumber consumption Local growth matches national trend By JAMES SNYDER The Daily News Memphis home building is pacing a growing trend nationwide and increasing demand for lumber products in the area, according...