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Editorial Results (free)

1. Text of the Fed's Statement After its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions. Although the hurricanes caused a drop in payroll employment in September, the unemployment rate declined further.

2. Text of the Fed's Statement After Its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low.

3. Fed Officials Split in July Over Inflation Worries -

WASHINGTON (AP) – Federal Reserve policymakers were worried last month about inflation, but for two opposing reasons.

One group of Federal Reserve policymakers felt inflation was falling too low and argued for caution in raising interest rates. Others expressed concerns that delaying further rate hikes could push inflation higher into dangerous territory.

4. Top Fed Official: Bond Portfolio Could Shrink Soon -

NEW YORK (AP) – A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio – a step that could lead to slightly higher rates on mortgages and other loans.

5. Text of the Fed's Statement After Its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined.

6. Last Fed Meeting's Minutes Show Talk of Paring Bond Holdings -

WASHINGTON (AP) – Federal Reserve officials last month discussed the possibility of reducing their enormous portfolio of bond holdings later this year, sooner than many investors have been expecting.

7. Text of the Fed's Statement After its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months.

8. Fed Board Member Powell Says March Rate Hike Possible -

WASHINGTON (AP) – A Federal Reserve board member on Thursday added his voice to a growing group of Fed officials who are indicating that they may raise rates in March.

Fed board member Jerome Powell said in a CNBC interview that he believed the Fed was close to achieving its targets on full employment and 2 percent inflation.

9. Fed Survey Finds Economy Growing at Moderate Pace -

WASHINGTON (AP) – The Federal Reserve said Wednesday that the U.S. economy has been growing at a moderate pace, helped by sustained gains in consumer spending.

In its latest survey of economic conditions around the country, the Fed found that the Fed's 12 regional banks all depicted growth as either "modest or moderate" from January through mid-February.

10. Yellen, in Speech Friday, Could Send Signal About Next Hike -

WASHINGTON (AP) – The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs.

All that would normally trigger a green light for the Federal Reserve to raise interest rates – especially when they're barely above all-time lows. Yet the Fed, still casting a wary eye on the economy, has yet to signal that it will resume raising rates soon.

11. Fed Minutes: Conditions Could 'Soon Warrant' A Rate Hike -

WASHINGTON (AP) – Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate when they would likely raise rates.

12. Minutes of Meeting Show Fed Pondering December Rate Hike -

WASHINGTON (AP) — Federal Reserve officials believed last month that the economic conditions needed to trigger the first interest rate hike in nearly a decade could "well be met" by their next meeting in December.

13. Judicial Accountability Site Invites Raters -

So, I was in Northwest Arkansas a couple weeks ago for a golf tournament. On Friday night I swung by Penguin Ed’s, bought a mess of barbecue, and took it to the home of Sam and Pat Perroni, long-time friends who used to live in Little Rock. They have a beautiful spread a few miles outside Fayetteville, a picture-perfect spot for grand parenting.

14. 2 Fed Officials Think Data Will Justify Rate Hike This Year -

WASHINGTON (AP) — It's a question whose answer seems to be in constant flux: When will the Federal Reserve finally raise interest rates?

Two voting members of the Fed's policy committee weighed in Friday with a similar view: That a rate hike remains likely by the end of 2015 but that any Fed decision will depend on how the economy fares between now and then.

15. Fed Vice Chair in Spotlight as Markets Seek Rate Hike Clues -

WASHINGTON (AP) — What once seemed a sure bet — that the Federal Reserve would raise interest rates in September — suddenly appears less certain following a wild week of stock market turbulence.

16. With Economy Uncertain, No Fed Rate Hike is Seen Before Fall -

WASHINGTON (AP) – For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it.

17. Yellen to Put Fed's New Leadership on Display -

WASHINGTON (AP) – The Janet Yellen era at the Federal Reserve begins in earnest this week with a two-day meeting, a policy statement and fresh economic forecasts. Yet all that will be a prelude to the marquee event: Yellen's first news conference as Fed chair.

18. Fed Officials Seek to Calm Markets -

Federal Reserve officials sought Thursday to calm investors by assuring them the Fed won’t start trimming its bond purchases until the economy has strengthened. They said any pullback in the Fed’s stimulus will hinge on the economy’s performance, not a calendar date.

19. Fed Officials Seek to Calm Markets -

Federal Reserve officials sought Thursday to calm investors by assuring them the Fed won’t start trimming its bond purchases until the economy has strengthened. They said any pullback in the Fed’s stimulus will hinge on the economy’s performance, not a calendar date.

20. Events -

The Tennessee Society for Human Resource Management will hold its 2012 conference and exposition Wednesday, Sept. 12, through Friday, Sept. 14, at Memphis Cook Convention Center, 255 N. Main St. Visit tnshrmconf.com for a schedule.

21. Breaking Free With The Salvation Army -

Last week we offered a prayer of support and a personal “thank you” to our military and all of the other brave men and women, who place their lives on the line each day to protect our freedoms. This week let us highlight an organization that is known for “doing the most good” and working everyday to fight hunger, homelessness, addiction, poverty and abuse: The Salvation Army.

22. Debt Dispute Boils: Capitol's Hot, Inside and Out -

WASHINGTON (AP) – Gridlock stubbornly held the high ground in the steamy capital Friday despite the threat of a government default in 11 days' time. Talks between President Barack Obama and House Speaker John Boehner seemed stuck in limbo, and the Democratic-controlled Senate scuttled legislation drawn to conservatives' specifications.

23. Fed Says $600B Bond Program to End in June -

WASHINGTON (AP) – The U.S. economy and job creation have strengthened enough for the Federal Reserve to end on schedule a program of buying Treasury bonds to help the economy, the Fed said Wednesday.

24. Fed Minutes: Debt Purchases Dominate Sept. Meeting -

WASHINGTON (AP) – A new program to pump up the economy through the purchase of Treasury bonds dominated Federal Reserve officials' discussions at their September meeting.

Minutes of the closed-door deliberations, released Tuesday, suggest Federal Reserve Chairman Ben Bernanke and his colleagues were closing in on a consensus to launch the debt-purchase program. The Fed also spoke at length about a strategy to boost spending by getting people to think prices could increase in the near future.

25. Top Fed Official Says More Economic Aid Likely -

WASHINGTON (AP) – The Federal Reserve is likely to take additional action to rejuvenate the economy and lower unemployment, a top Fed official said Friday.

William Dudley, president of the Federal Reserve Bank of New York, said the pace of economic growth has been disappointing. And he worries that if the economy doesn't strengthen, the risk of a deflation outbreak rises. Deflation is a dangerous and widespread decline in goods and services, wages and in the values of homes and stocks.

26. Yellen: Low Rates Needed to Feed Recovery -

WASHINGTON (AP) – Record-low interest rates are still needed to foster the economic recovery and to relieve high unemployment, a Federal Reserve official said Monday.

Janet Yellen, president of the Federal Reserve Bank of San Francisco, is the latest Fed official in recent days to stress that the central bank isn't in any rush to boost borrowing costs for millions of Americans. The remarks come after the Fed took a surprise step Thursday and bumped up the rate banks pay for emergency loans. (See related story above, “Discount Rate Hike Seen as Good Sign for Economy.”)

27. Gardens of Germantown Secures Funding to Build Alzheimer’s Facility -

3179 Professional Plaza
Germantown, TN 38138
Loan Amount: $8 Million
Loan Date: July 16, 2009


Maturity Date: Aug. 1, 2050
Borrower: Gardens of Germantown LLC
Lender: Deutsche Bank Berkshire Mortgage Inc.
Details: The developer of an Alzheimer’s facility called the Gardens of Germantown has filed an $8 million construction loan through Deutsche Bank Berkshire Mortgage Inc.

28. Cordova Warehouse Sold Following Foreclosure -

The 111,280-square-foot warehouse at 9525 Macon Road in Cordova was sold back to the lender, M&F Business Credit Inc., for $1.9 million following a foreclosure of the property. It sold on the steps of the Shelby County Courthouse July 20 with William P. Moss III acting as substitute trustee.

29. Geithner Seeks New Powers Over Financial Companies -

WASHINGTON (AP) - Treasury Secretary Timothy Geithner asked Congress on Tuesday for broad new powers to regulate nonbank financial companies like troubled insurer American International Group whose collapse could jeopardize the economy.

30. U of M’s Heath Given Distinguished Teaching Award -

Dr. Julia Heath, professor of economics at the University of Memphis, has been honored with the Kenneth G. Elzinga Distinguished Teaching Award by the Southern Economic Association.

31. Baptist Footprint Grows Ever Larger Downtown -

When the 19-story Baptist Medical Center was imploded two years ago, it marked the departure of Baptist Memorial Hospital from Downtown, at least in the minds of many.

But Baptist Memorial Health Care Corp. continues to have a major presence in the neighborhood, with long-term plans that might even include an expansion of clinical care.

32. Thompson Named Chair of MPACT Board -

Jeni Stephens Thompson has been named the new chairwoman of the MPACT Memphis board of directors. Thompson is the director of marketing and development for the Memphis Bioworks Foundation. She has a bachelor's degree in communications from Lambuth University and a master's degree in education from Vanderbilt University. Thompson serves as the programs chair for the Association of Fundraising Professionals and sits on the Playhouse on the Square board. She is a member of the Leadership Memphis Class of 2008.

33. Archived Article: Mbf P.2 - Memphis Biotech Foundation to develop Memphis Biotech Foundation to develop research park on former Baptist campus The University of Tennessee, the newly formed Memphis Biotech Foundation and Baptist Memorial Health Care Corp. have reached a series ...

34. Archived Article: Memos - Toni Campbell Parker, partner in the law firm of Apperson, Crump and Maxwell PLC, was elected president of the Mid-South Fair/Libertyland Inc Toni Campbell Parker, partner in the law firm of Apperson, Crump and Maxwell PLC, was elected president of ...

35. Archived Article: Memos - RFS Hotel Investors Inc RFS Hotel Investors Inc. has announced several management changes. Randy Churchey has been named president and chief operating officer of RFS Hotel Investors Inc. He formerly was senior vice president and chief financial offi...

36. Archived Article: Memos - AutoZone Inc AutoZone Inc. has announced the following promotions: Bill Rhodes, previously vice president of finance, was promoted to senior vice president of finance. Mike Broderick, previously regional manager, was promoted to vice president-store...

37. Archived Article: Real Briefs - Re/Max of Kentucky/Tennessee closed more than $2 Re/Max of Kentucky/Tennessee closed more than $2.4 billion in sales in 1997, an increase of more than 10 percent from the previous year. The regions sales associates completed more than 20,600 transac...

38. Archived Article: Real Briefs - Re/Max of Kentucky/Tennessee has announced its top office sales associates and new sales associates for November and December Re/Max of Kentucky/Tennessee has announced its top office sales associates and new sales associates for November and Decemb...

39. Archived Article: Calendar - Nov Nov. 10 Public Issues Forum will meet at 7 p.m. at Memphis Community Foundation, 1900 Union Ave. A panel presentation will discuss light rail for Memphis and Shelby County. The panelists will include Howard R. Maier, executive director, Northeas...

40. Archived Article: Real Briefs - Mid-America Apartment Communities Inc Mid-America Apartment Communities Inc. announced it will merge with Flournoy Development Co., a Columbus, Ga.-based developer, builder, owner and manager of apartment communities in a transaction valued at about...

41. Archived Article: Real Briefs - The state of Tennessee has honored Bobbi Gillis, owner and broker of FaxonGillis Homes, with the Tennessee Outstanding Achievement Award The state of Tennessee has honored Bobbi Gillis, owner and broker of FaxonGillis Homes, with the Tennessee Outst...

42. Archived Article: Calendar - Oct Oct. 2 The Mid-South Society of the Institute of Certified Financial Planners will meet at 11:45 a.m. at the Racquet Club. William I. Steinberg, certified financial planner with Kelman-Lazarov Inc., will discuss auto leasing. For reservations, c...