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Editorial Results (free)

1. Yellen Faces Challenges as Fed Trims Bond Buys -

WASHINGTON (AP) – Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke's tenure as chairman, confronting her with different decisions as well.

2. AP Survey: Economists See No Stock Market Bubble -

WASHINGTON (AP) – A debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?

The answer, according to economists surveyed by The Associated Press: No.

3. Laffer Rails Against Tenn. Estate Tax -

Art Laffer, a former economic adviser to President Ronald Reagan, once sketched a diagram on a cocktail napkin for a staffer in Gerald Ford’s administration – named Dick Cheney – to showcase what’s now known as the Laffer Curve.

4. Alexander Touts ‘Good Government’ -

While both U.S. Sen. Lamar Alexander and Sen. Bob Corker are headed back to upper chamber in Washington, both have staked out positions that could put them at odds with the rising tea party movement.

5. Bush Memoir Details Frist as Possible VP -

Former President George W. Bush considered a running mate switch in 2004 – the possibility of replacing Dick Cheney with former Tennessee Sen. Bill Frist, according to Bush’s memoir, “Decision Points,” being released next week.

6. US Economy Sinks at 5.7 Percent Pace in Q1 -

WASHINGTON (AP) – The U.S. economy declined at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into this year.

However, many analysts say activity isn’t shrinking nearly as much now as the downturn flashes signs of letting up.

7. Jobless Rate Bolts to 8.5 Percent -

WASHINGTON (AP) – The nation’s unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide swath of employers eliminated 663,000 jobs. It’s fresh evidence of the toll the recession has inflicted on America’s workers, and economists say there’s no relief in sight.

8. Kustoff to Run Gibbons’ Gubernatorial Campaign -

Former U.S. Attorney David Kustoff will manage Bill Gibbons’ bid for governor.

9. Former Memphian: RNC Bid a ‘Return to Party Values’ -

He did it as he stood Monday morning in Nashville flanked by Tennessee Lieutenant Gov. Ron Ramsey and former U.S. Sen. Bill Frist. He let it show in a recent letter he sent to the members of the Republican National Committee.

10. Bush Confident Congress will Quickly Pass Bailout -

UNITED NATIONS (AP) - President Bush tried to assure world leaders on Tuesday that he is acting decisively and quickly to contain a U.S. financial crisis that is going global.

"I know that many of you here are watching how the United States government will address the problems in our financial system," he said in a speech to the annual U.N. General Assembly. "In recent weeks we have taken bold steps to prevent a severe disruption of the American economy, which would have a devastating effect on other economies around the world."

11. AP Interview: Paulson Says Credit Crisis may be Fading -

WASHINGTON (AP) - The worst of the nation's credit crisis may have passed, Treasury Secretary Henry Paulson said Wednesday, though he acknowledged rising gas prices will blunt the effect of 130 million economic stimulus checks.

12. Fed Poised to Cut Rates; May Take Break After That -

WASHINGTON (AP) - Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be the last one for a while as zooming energy and food prices heighten inflation concerns. The group begins its two-day meeting today.

13. So Tell Us What You Really Think ... -

Before the U.S. House of Representatives adjourned last week for its August recess, Memphis Congressman Steve Cohen found himself going on the offensive right up to the last minute.

He introduced a bill Friday that proposes amending the Constitution to require the approval of two-thirds of the Supreme Court for any pardon or reprieve granted by the president.

14. Résumé Shows Fred Thompson Has Washington Insider's Connections -

NASHVILLE (AP) - Republican Fred Thompson, who likes to cast himself in the role of Washington outsider, has a long history as a political insider who earned more than $1 million lobbying the federal government.

15. Archived Article: Real Briefs - Sales of existing U Sales of existing U.S. homes increased to a record rate in June as buyers took advantage of low mortgage rates, the National Association of Realtors reported Monday. Existing home sales increased 10.6 percent in June to a record ...