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More US drilling didn't drop gas price
Last Updated: 2:24 AM 03/21/12 - A statistical analysis over 36 years suggests that more domestic oil drilling is not the answer to high gasoline prices.
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Apple to reveal decision on use of cash hoard
Last Updated: 5:33 AM 03/19/12 - Apple shares are heading for another all-time high ahead of an announcement about what the company plans to do with its enormous pile of cash.
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Teens learn the real game of life
Last Updated: 9:16 AM 03/16/12 - Juniors at Hardin Valley Academy take part in "My Amazing Life." They learn how to budget their money given their choice of career.
US trade deficit rose to $124.1 billion
Last Updated: 6:07 AM 03/14/12 - The U.S. deficit in the broadest measure of foreign trade increased at the end of last year to the highest level in three years, widened by a slight decline in exports and higher imports.
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After JPMorgan loss, a call for stricter oversight
Last Updated: 7:46 AM 05/12/12 - More than three years after the financial industry almost collapsed, the colossal, $2 billion misfire at JPMorgan Chase is being cited by critics as proof that big banks still do not understand the threats posed by their own speculation.
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February jobs: Another robust report
Last Updated: 7:05 AM 03/09/12 - The February jobs report showed 227,000 jobs were created in February and the previous two months were revised higher by 61,000.
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Knoxville drivers get break from rising gas prices
Last Updated: 10:38 AM 03/07/12 - According to new numbers released Wednesday by AAA, prices fell nominally in Knoxville, while holding fairly steady through much of the rest of the region.
What William Shatner, Twinkies say about investing
Last Updated: 10:08 AM 03/06/12 - What do William Shatner and Twinkies have to do with investing? Quite a bit, actually.
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Judge clears way for record bankruptcy in Alabama
Last Updated: 7:41 AM 03/05/12 - A judge has cleared the way for an Alabama county to move forward with the largest municipal bankruptcy in U.S. history, overruling Wall Street claims that state law didn't allow the county to file the case.
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TennCare will introduce payment limits
Last Updated: 10:11 AM 03/10/12 - TennCare is preparing to implement new guidelines that would put upper and lower limits on payments to hospitals.
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Oil at 9-month high after Iran cuts supply
Last Updated: 11:15 AM 02/20/12 - Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program.
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Colo. bill would legalize gold, silver currency
Last Updated: 11:08 AM 02/20/12 - Colorado State Senators will consider a bill that would allow people to use gold and silver as currency.
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Greece awaits bailout decision but issues remain
Last Updated: 9:23 AM 02/20/12 - Eurozone governments are due to sign off on Monday a long-awaited rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said.
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IRS releases list of most common tax scams
Last Updated: 8:37 AM 02/16/12 - The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, including those most common in Tennessee.
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Creditors spell out Greece austerity measures
Last Updated: 8:43 AM 02/14/12 - Greece's international creditors spelled out the detailed spending cuts and reforms that Athens has to introduce before it can receive vital bailout cash.
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US retail sales disappointment weighs on markets
Last Updated: 8:42 AM 02/14/12 - Weaker than expected U.S. retail sales figures dented market confidence Tuesday after another mass downgrade of the creditworthiness of European countries had little impact.
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LA co. challenges Kodak move to dump theater deal
Last Updated: 7:15 AM 02/10/12 - CIM Group of Los Angeles has filed an objection in U.S. Bankruptcy Court opposing Kodak's move to get court approval to terminate its naming rights deal for Kodak Theatre.
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Trade deficit widens to $48.8 billion in December
Last Updated: 7:13 AM 02/10/12 - The Commerce Department says the trade deficit increased to $48.8 billion, the largest imbalance since June. Exports rose 0.7 percent. Imports rose a faster 1.3 percent.
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Stocks slide at the open as Greek deal is held up
Last Updated: 7:11 AM 02/10/12 - U.S. stocks are opening lower after Greece's bailout deal was put on hold, a day after it seemed that the country had pacified its creditors.
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49 states, including TN, reach $25B settlement with mortgage lenders
Last Updated: 4:17 AM 02/10/12 - U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.
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January report shows Tennessee's revenue is over budget.
Last Updated: 5:54 PM 02/09/12 - Finance and Administration Commissioner Mark Emkes announced today that January revenues are $37.1 million more than Tennessee budgeted.
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White House to promote more positive jobs outlook
Last Updated: 9:01 AM 02/09/12 - The White House plans to announce a more optimistic jobs forecast this month, based in part on the shaky premise that Congress will pass President Barack Obama's economic agenda.
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Unemployment aid applications near a 4-year low
Last Updated: 7:11 AM 02/09/12 - The number of people seeking unemployment aid fell to nearly a four-year low last week, an encouraging sign of continued improvement in the job market.
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Job openings jump to near a 3-year high
Last Updated: 9:40 AM 02/07/12 - The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring.
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New billboard campaign targets Knoxville bank robber
Last Updated: 3:02 PM 02/03/12 - Knoxville authorities are asking for the public's help in identifying a serial bank robber and accomplice active in Knoxville. He is suspected of robbing at least two banks and one local business in Knoxville.
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Despite new openings job seekers still worried
Last Updated: 6:23 PM 02/03/12 - Companies are starting to hire for new positions, as the unemployment rate drops. But, hearing the news, doesn't mean that much for the people looking for jobs.
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TVA blames mild winter for lower revenues, $173 million loss last quarter
Last Updated: 9:34 AM 02/03/12 - In a statement released on Friday, the Tennessee Valley Authority blamed the relatively pleasant weather for decline in electricity sales and revenue in the first-quarter of its fiscal year.
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Nearly $25 million investment brings dozens of jobs to Hamblen Co.
Last Updated: 7:24 AM 02/03/12 - A Morristown auto parts manufacturer announced a $24.8 million investment that it says will create 67 new manufacturing jobs in the area.
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Economy adds 243K jobs, unemployment rate drops
Last Updated: 2:15 PM 02/03/12 - Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years.
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Grain, livestock futures rise
Last Updated: 1:05 PM 02/01/12 - Grains futures rose Wednesday on the Chicago Board of Trade.
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American Airlines wants to cut 20% of labor costs, possibly 15,000 jobs
Last Updated: 11:22 AM 02/01/12 - American Airlines wants to cut labor costs by 20 percent, a move likely to include the loss of thousands of jobs at the nation's third-biggest airline.
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UT Report: U.S., Tenessee economy on rebound
Last Updated: 8:49 AM 02/01/12 - Slow and a bit unsteady - that's how UT's Center for Business and Economic Research (CBER) described both the state and country's emergence from the Great Recession.
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Obama to detail broader housing refinance plan
Last Updated: 8:22 AM 02/01/12 - The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates
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Manufacturing expands at fastest pace since June
Last Updated: 7:29 AM 02/01/12 - Manufacturing grew in January at the fastest pace in seven months, boosted by a rise in new orders. The report bolsters other data showing the U.S. economy started the year strong.
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Builders step up spending for fifth straight month
Last Updated: 7:13 AM 02/01/12 - Builders increased their spending in December for the fifth consecutive month, offering more evidence of a turnaround in the battered construction industry.
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Higher sales lift Chrysler to $183M profit in 2011
Last Updated: 6:58 AM 02/01/12 - Chrysler rode higher sales of Jeeps and other revamped vehicles to its first annual net income since 1997.
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Gov't settles with debt buyer Asset Acceptance
Last Updated: 9:21 AM 01/30/12 - One of the nation's largest consumer debt buyers will pay a $2.5 million civil fine to settle deception allegations.
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Tenn. sees first two bank failures in a decade
Last Updated: 6:02 PM 01/28/12 - Regulators have closed Tennessee Commerce Bank in Franklin and BankEast in Knoxville, the state's first bank closures in a decade.
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BankEast shut down by state, U.S. Bank taking over deposits
Last Updated: 6:05 PM 01/28/12 - To protect depositors, the FDIC has negotiated a purchase and assumption agreement with U.S. Bank National Association to assume all of BankEast's deposits.
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Franklin bank seized, account holders moved to Louisville-based bank
Last Updated: 2:49 PM 01/27/12 - The Tennessee Dept. of Financial Institutions seized Franklin-based Tennessee Commerce Bank on Friday, the state agency announced.
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Report: Facebook IPO filing could come next week
Last Updated: 11:23 AM 01/27/12 - The Wall Street Journal says Facebook could file regulatory papers for its initial public offering of stock as early as next week.
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Knox Co. unemployment falls below 6%
Last Updated: 12:54 PM 01/26/12 - The unemployment rate in Knox Co. dipped below six percent last month, according to the latest numbers provided by Tennessee Dept. of Labor.
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Dept. of Labor makes Unemployment Tax information available
Last Updated: 11:19 AM 01/26/12 - Recipients of Tennessee unemployment benefits during 2011 can now access the information they need for income tax purposes on the state Department of Labor & Workforce Development homepage.
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Sales contracts for homes dip from 19-month high
Last Updated: 7:11 AM 01/25/12 - The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half.
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Apple profits up 118% in first quarter, iPhone sales double
Last Updated: 2:03 PM 01/24/12 - After uncharacteristically tepid sales in the July-to-September quarter, Apple came back with a vengeance in last three months of 2011, vastly exceeding analyst estimates and setting new records.
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Job bias claims in US at record level
Last Updated: 7:47 AM 01/24/12 - Job discrimination complaints in the United States rose to an all-time high last year, led by an increase in bias charges based on religion and national origin.
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GM retakes title of top-selling global automaker
Last Updated: 10:10 AM 01/19/12 - General Motors sold just over 9 million cars and trucks worldwide last year to reclaim the title of the world's top-selling automaker.
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Americans more upbeat about economy: Are they right?
Last Updated: 8:45 AM 01/19/12 - While most Americans still think the economy is bad, the percentage that says it is in good shape is growing.
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Kodak files for bankruptcy protection
Last Updated: 5:03 AM 01/19/12 - The move comes as the ailing company has failed to find a buyer for its trove of 1,100 digital imaging patents. Kodak said in November that it could run out of cash in a year if it didn't sell the patents.
State to make trade mission to China, South Korea
Last Updated: 12:21 PM 01/18/12 - A state trade mission to China and South Korea in April will focus on Tennessee's medical device manufacturers and other health care companies.
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