Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome
VOL. 43 | NO. 28 | Friday, July 12, 2019

Distillery takes its stand with Tennessee corn

Emerging brand aims to give state's farmers bigger shot at success

Jim Massey wants you to care about the corn in his whiskey. Wind him up, and he will wax poetic, and at great length, about the growing habits and yields of Tennessee Red Cob versus Hickory Cane.

Tennessee Whiskey, bourbon: What’s the difference?

Shades of degrees or splitting horses from donkeys? That’s how the debate over the difference between Tennessee whiskey and bourbon usually shakes out. Both share the same set of rules for production, except Tennessee whiskey requires one extra step.

Who were the Fugitives?

Jim Massey’s love of Southern literature and his deep family roots led him to choose the name Fugitives for his company.

Tennessee’s corn crop

Corn comes in at No. 3 in terms of acreage planted in the state of Tennessee, trailing hay and soybeans. The state’s corn production ranks 19th in the nation.

Local Weather
Currently
Nashville, TN
56.0°F
Overcast
Wind: Southeast at 9.2 mph
Humidity: 28%

EVENTS

Williamson, Inc. Young Professionals Luncheon. This event is tailored to individuals who are interested in furthering their leadership aspirations, cultivating relationships and growing professionally. Network and connect to learn from some of the most experienced business leaders in Williamson County. Williamson County Association of Realtors, 1646 Westgate Circle, Ste. #104. Thursday, 11:30 a.m.-1 p.m. Members $20, Non-members $30. Information

more events »

JOE ROGERS: MY TAKE

Why would anyone pay taxes on sales of illegal goods?

Dig around in laws much and you turn up some doozies. For example, the book “Planet Cat” asserts that in Natchez, Mississippi, “cats may not drink beer.”

TIM GHIANNI: STREET LEVEL

‘Roadhouse Rambler’ gets late start on country dream

No, Hank didn’t do it this way

The Roadhouse Rambler – a guitar leaning against the nearest wall – looks across the kitchen table in the tidy home his phone company career helped buy. His smiling eyes wander back to dusty Oklahoma.

STATE GOVERNMENT

Gerrymandering’s cure: Vote supporters out

Now that the U.S. Supreme Court has said federal courts won’t rule on cases involving political gerrymandering, voters who don’t like the way their legislative districts are drawn will have to turn to state courts or to the gerrymandered legislatures themselves to change things.

RICHARD COURTNEY: REALTY CHECK

You can ask, but you might not like the answers

As the years float by and trends come and go, the questions frequently asked by buyers and sellers of their agents remains fairly constant. In many cases, the answers are blowing in the wind, while in others, most Realtors agree on the responses.

REAL ESTATE

Middle Tennessee real estate trends for June 2019

The number of residential units sold in Nashville and Davidson County dropped slightly as average prices soared.

Top Middle Tennessee residential sales for June 2019

Top residential real estate sales, June 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Top Middle Tennessee commercial sales for June 2019

Top commercial real estate sales, June 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

US long-term mortgage rates little changed, 30-year at 3.75%

WASHINGTON (AP) — U.S. long-term mortgage rates were mostly unchanged this week amid signals from the Federal Reserve that it is preparing to cut interest rates soon.

UT SPORTS

Vols finding recruiting success with local prospects

Most Maryville residents would have been happy for Tee Hodge no matter where he decided to play football in college.

NEWSMAKERS

VU’s Anderson moves to Bass, Berry & Sims

Bass, Berry & Sims has formed a higher-education practice group with the addition of former Vanderbilt University General Counsel Audrey Anderson.

BRIEFS

Nashville companies partner on home health

Ascension Saint Thomas and Nashville-based Contessa are joining together to offer Home Recovery Care, an emerging health care option that brings inpatient care to patients’ homes.

BEHIND THE WHEEL

Weighing pros, cons of in-car personal assistants

Get ready to do a lot more talking to your car. Smartphone personal assistants – Apple’s Siri, Amazon’s Alexa and Google’s Assistant, for example – can be used for a variety of tasks.

PERSONAL FINANCE

Teach your teen about college costs – starting now

Many families struggle to pay college expenses for one or two children. Certified financial planner Sarah Carlson, mother of two sets of twins, will soon have all four of her children in college at the same time.

CAREER CORNER

What does your brand say about you?

I was taught long ago the most-qualified and hardest-working candidate gets the job. Turns out that’s just not so at many companies.

STATE GOVERNMENT

Tennessee speaker hopefuls, new lawmakers meet before vote

NASHVILLE (AP) — Tennessee speaker candidates are meeting with freshman House lawmakers in order to drum up support as the caucus prepares to nominate a new leader later this month.

Casada says he can't afford alimony

FRANKLIN (AP) — Weeks before he's expected to resign, Tennessee House Speaker Glen Casada has asked a judge to relieve him of paying alimony because he says he can no longer afford the approximately $4,000 monthly payments.

COURTS

ACLU asks judge to block Trump asylum rule as case is heard

WASHINGTON (AP) — Civil liberties groups on Wednesday asked for a temporary restraining order blocking the Trump administration's effort to effectively end asylum at the U.S.-Mexico border.

John Paul Stevens evolved into Supreme Court's liberal lion

WASHINGTON (AP) — John Paul Stevens moved left as the Supreme Court shifted to the right during his nearly 35 years as a justice.

HEALTH CARE

Data shows flood of opioids across US, many of them generics

WASHINGTON (AP) — The maker of OxyContin has been cast as the chief villain in the nation's opioid crisis. But newly released government figures suggest Purdue Pharma had plenty of help in flooding the U.S. with billions of pills even as overdose deaths were accelerating.

ENVIRONMENT

Nuclear commission considers fewer inspections

WASHINGTON (AP) — Nuclear Regulatory Commission staff is recommending that the agency cut back on inspections at the country's nuclear reactors, a cost-cutting move promoted by the nuclear power industry but denounced by opponents as a threat to public safety.

TECHNOLOGY

Netflix's subscriber growth drops in 2Q, stock tumbles

SAN FRANCISCO (AP) — Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as it girds for even stiffer competition.

Dems pan 'Zuck buck,' want Facebook to rein in currency plan

WASHINGTON (AP) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking.

With Big Tech's dominance under scrutiny, EU probes Amazon

BRUSSELS (AP) — While the U.S. Congress talks about reining in big tech companies, Europe is taking action.

Congress grills Big Tech over competition, money, power

Big Tech faced tough questions this week as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook's plan for a new digital currency.

REAL ESTATE

US home construction slips 0.9% to 1.25 million in June

WASHINGTON (AP) — U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction.

NATIONAL/INTERNATIONAL BUSINESS

Stocks extend losses as railroads sink industrial companies

NEW YORK (AP) — U.S. stocks extended their losses into a second day on Wednesday as railroad operator CSX had its biggest drop in 11 years, pulling other industrial companies down with it.

Fed survey finds widespread concerns over trade

WASHINGTON (AP) — The Federal Reserve's latest nationwide survey released Wednesday reveals that despite growing worries about the impact of President Donald Trump's trade battles, the overall economy remained solid.

US objects to French tax on tech firms at G-7 meeting

CHANTILLY, France (AP) — The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies this week on issues ranging from digital currencies to trade.

US wants role in efforts to settle South Korea-Japan dispute

SEOUL, South Korea (AP) — The United States will "do what it can" to help resolve festering trade and political disputes between South Korea and Japan, a senior U.S. official said Wednesday after a series of meetings with Seoul officials.

NATIONAL/INTERNATIONAL POLITICS

GOP Sen. Rand Paul blocks bill to boost 9/11 victims fund

WASHINGTON (AP) — A Republican senator has blocked a bipartisan bill that would ensure a victims' compensation fund for the Sept. 11 attacks never runs out of money.

House vote condemning Trump's tweets draws some GOP support

WASHINGTON (AP) — In a remarkable political repudiation, the Democratic-led U.S. House voted to condemn President Donald Trump's "racist comments" against four congresswomen of color, despite protestations by Trump's Republican congressional allies and his own insistence he hasn't "a racist bone in my body."


TUESDAY, JULY 16
STATEWIDE

Group say protections no longer needed for snail darter fish

NASHVILLE (AP) — A conservation group says a tiny fish no longer should be a federally protected species.

Ambassador to resign to run for Tennessee US Senate seat

NASHVILLE (AP) — U.S. Ambassador to Japan Bill Hagerty is currently in the process of resigning his position as he prepares to run for Tennessee's open U.S. Senate seat.

Police: Tossing drugs in toilet could lead to 'meth-gators'

LORETTO (AP) — Police in Tennessee are asking residents not to toss drugs down the toilet, saying it could lead to "meth-gators" and stoned waterfowl.

Early Tennessee Senate race hopefuls post 6-figure hauls

NASHVILLE (AP) — Two early candidates in Tennessee's open U.S. Senate race have posted six-figure fundraising hauls.

AUTO INDUSTRY

Jury says Toyota must pay $16M in dealer recall lawsuit

SANTA ANA, Calif. (AP) — Toyota has been ordered to pay nearly $16 million to a Southern California dealer who alleged the company's Prius recalls didn't fix safety problems.

TECHNOLOGY

Facebook's currency plan gets hostile reception in Congress

WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data.

TRANSPORTATION

Man whose family died in Boeing 737 Max crash: Scrap the jet

A man who lost his wife, mother-in-law and three young children in the crash of a 737 Max in Ethiopia says Boeing should scrap the plane and top executives should resign and face criminal charges.

COURTS

Appeals court: NYC can ban ads in Uber and Lyft cars

NEW YORK (AP) — Drivers for companies like Uber and Lyft in New York City can be banned from displaying advertisements in their vehicles, a federal appeals court said Tuesday.

US judge slashes $80M award in Monsanto cancer case

SAN FRANCISCO (AP) — A U.S. judge lowered a jury's damage award from $80 million to $25 million for a California cancer victim who used Monsanto's Roundup weed-killer.

NATIONAL/INTERNATIONAL BUSINESS

Trump administration blasts WTO ruling on China

WASHINGTON (AP) — The Trump administration is blasting a World Trade Organization decision that could let China levy sanctions on the United States.

Stock indexes end lower, breaking a 5-day winning streak

NEW YORK (AP) — Stocks ended a five-day winning streak on Tuesday as investors cautiously assessed the first big round of corporate earnings reports.

Cryptocurrencies, digital tax top the agenda for G-7 meeting

PARIS (AP) — Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet this week in the Paris suburb of Chantilly.

IMF Managing Director Lagarde resigns in advance of ECB post

WASHINGTON (AP) — Christine Lagarde is resigning as managing director of the International Monetary Fund in light of her nomination to be the next president of the European Central Bank.

US retail sales rise 0.4% in June in sign of consumer health

WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded.

US industrial production unchanged in June

WASHINGTON (AP) — U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining.

JPMorgan Chase posts $9.7 billion profit, beating estimates

NEW YORK (AP) — Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower taxes and the ability to charge businesses and consumers more to borrow money.

Former Mitsubishi workers seek assets sale for forced labor

SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the South Korean government to sell assets of their former Japanese employer so they can be compensated for forced labor decades ago.

NATIONAL/INTERNATIONAL POLITICS

House votes to condemn Trump tweets

WASHINGTON (AP) — The Democratic-led House has voted to condemn President Donald Trump's tweets telling four Democratic congresswomen of color to "go back" to their countries of origin.

Judge restricts social media use of Trump friend Roger Stone

WASHINGTON (AP) — No more Instagram for Roger Stone. Facebook and Twitter are out, too.

Trump calls on GOP to oppose House condemnation of tweets

WASHINGTON (AP) — President Donald Trump called on fellow Republicans Tuesday to stick with him, "not show weakness" and oppose a House resolution condemning his tweets urging four Democratic congresswomen of color to return to their countries. His comments, he insisted, "were NOT Racist."

Trump abortion rule seen as blow against Planned Parenthood

WASHINGTON (AP) — Taxpayer-funded family planning clinics must stop referring women for abortions immediately, the Trump administration says, declaring it will begin enforcing a new regulation hailed by religious conservatives and denounced by medical organizations and women's rights groups.

Trial of former Flynn business partner begins in Virginia

ALEXANDRIA, Va. (AP) — A one-time business partner of former national security adviser Michael Flynn lied to hide the fact that he and Flynn were secretly working on behalf of the Turkish government to advance its agenda, prosecutors said Monday.


MONDAY, JULY 15
MIDSTATE

Powerball ticket worth $198M sold in Hendersonville

HENDERSONVILLE (AP) — Officials say a winning Powerball ticket sold in Hendersonville is worth $198 million.

TENNESSEE TITANS

Linebacker Morgan retires after 9 NFL seasons with Titans

NASHVILLE (AP) — Tennessee defensive lineman Derrick Morgan says he's retiring after playing nine NFL seasons for five head coaches.

HEALTH CARE

Trump abortion restrictions effective immediately

WASHINGTON (AP) — The Trump administration says its new regulation barring taxpayer-funded family planning clinics from referring women for abortions is taking effect immediately.

Joe Biden draws line against progressives on health care

Joe Biden is taking an aggressive approach to defending the Affordable Care Act, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run model.

Powell says financial crisis accelerated economic changes

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the 2008 financial crisis accelerated major changes in the U.S. and global economies, leading to slower growth, lower inflation and lower interest rates.

AUTO INDUSTRY

After years of plenty, auto workers want a bigger slice

DEARBORN, Mich. (AP) — Contract talks between the United Auto Workers and Detroit's three automakers kicked off with the union president departing from the traditionally friendly tone by telling Ford executives that workers want a bigger share of the companies' record profits.

TRANSPORTATION

American Airlines extends Boeing plane flight cancellations

WASHINGTON (AP) — American Airlines said Sunday that it will keep the Boeing 737 Max plane off its schedule until Nov. 3, which is two months longer than it had planned.

TECHNOLOGY

Treasury chief: Facebook currency plan ripe for illicit use

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says the Trump administration has "very serious concerns" that the new digital currency planned by Facebook could be used for illicit activity such as money laundering, human trafficking and financing terrorism.

NATIONAL/INTERNATIONAL BUSINESS

S&P 500 notches another record after a muted, mixed day

NEW YORK (AP) — A wobbly day of trading ended with meager gains for U.S. stock indexes on Monday, enough to nudge them further into record territory, as the curtain rose on what's expected to be the weakest earnings reporting season in years.

Trump signs order to make American-made goods more American

WASHINGTON (AP) — President Donald Trump is requiring products "Made in America" to be made using more American components if they are to be used by the government.

Trade wars cool market for small businesses

NEW YORK (AP) — The market for small businesses cooled for the third straight quarter during the spring as tariffs from the trade war with China made some sellers and buyers uneasy about making a deal.

China's economy growth cools further amid US tariff war

BEIJING (AP) — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.

SKorea leader says Tokyo's trade curbs will hurt Japan more

SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan more than South Korea.

NATIONAL/INTERNATIONAL POLITICS

GAO: EPA skirted procedures in overhaul of science boards

WASHINGTON (AP) — The Environmental Protection Agency skirted some of its usual procedures and ethics rules when it overhauled key agency advisory boards, slashing the numbers of academic scientists on the panels and appointing more industry figures, the Government Accountability Office said Monday.

Trump digs in against Dem congresswomen; they're firing back

WASHINGTON (AP) — Unfazed by widespread criticism, President Donald Trump on Monday intensified his incendiary comments about four Democratic congresswomen of color, urging them to get out if they don't like things going on in America. They fired back at what they called his "xenophobic bigoted remarks" and said it was time for impeachment.

Some in GOP rebuke Trump, but party leaders still silent

WASHINGTON (AP) — Top Republicans remained largely silent after President Donald Trump said over the weekend that four women of color in Congress should "go back" to the countries they came from. By Monday, some in the party were speaking up.

Canada, Britain condemn Trump tweets

WASHINGTON (AP) — Two close U.S. allies are condemning President Donald Trump's incendiary weekend tweets about four Democratic congresswomen.

Trump nominates Esper to be defense chief, succeeding Mattis

WASHINGTON (AP) — President Donald Trump on Monday asked the Senate to confirm Mark Esper as the successor to former Defense Secretary Jim Mattis, whose resignation last December opened an unprecedented period of senior-level instability at the Pentagon.

Trump moves to effectively end asylum at southern border

WASHINGTON (AP) — Reversing decades of U.S. policy, the Trump administration said Monday it will end all asylum protections for most migrants who arrive at the U.S.-Mexico border — the president's most forceful attempt to block asylum claims and slash the number of people seeking refuge in America.

Old software makes new electoral systems ripe for hacking

WASHINGTON (AP) — Pennsylvania's message was clear: The state was taking a big step to keep its elections from being hacked in 2020. Last April, its top election official told counties they had to update their systems. So far, nearly 60% have taken action, with $14.15 million of mostly federal funds helping counties buy brand-new electoral systems.

AP FACT CHECK: Trump wrong about Dems, census, citizenship

WASHINGTON (AP) — President Donald Trump is spreading falsehoods on issues of race, immigration and American-ness, exhorting four non-white female lawmakers to "go back" to where they came from and crying foul over his failed bid to add a citizenship question to the 2020 census.


FRIDAY, JULY 12
NASHVILLE AREA

Convention Center giving $6M to African American music museum

NASHVILLE (AP) — The National Museum of African American Music will receive $6 million from Nashville's Convention Center Authority.

STATEWIDE

Lee mum on details of conversation with accused lawmaker

NASHVILLE (AP) — Gov. Bill Lee is remaining mum on details surrounding a recent conversation he had with a Tennessee lawmaker accused of sexual misconduct.

Haslam won't run for US Senate seat

NASHVILLE (AP) — Former Republican Tennessee Gov. Bill Haslam won't run for the U.S. Senate seat being vacated by GOP Sen. Lamar Alexander, a move sure to draw new interest in the race from other would-be candidates.

US Rep. Mark Green won't pursue Senate seat

NASHVILLE (AP) — Tennessee's U.S. Rep. Mark Green is the latest Republican contender to say he won't run for the state's open U.S. Senate seat in 2020.

VANDERBILT SPORTS

Bleday reaches deals with Marlins ahead of deadline

MIAMI (AP) — Vanderbilt outfielder J.J. Bleday, the fourth overall pick in last month's amateur draft, agreed to a minor league contract with the Miami Marlins that includes a $6.67 million signing bonus.

UT SPORTS

Former Vol Haynesworth says he needs kidney transplant

Former Tennessee Titans All-Pro defensive lineman Albert Haynesworth says on social media that he needs a kidney transplant.

EDUCATION

Powerful Koch network taking on school choice with new group

SEATTLE (AP) — Billionaire industrialist Charles Koch's powerful network that's known for influencing state policy is now targeting education issues like school choice as the movement battles a new wave of hostility from Democrats who oppose charter schools and private school vouchers that use taxpayer money.

Teachers union sues DeVos over embattled loan relief program

One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems.

HEALTH CARE

Setbacks for Trump's drive to lower prescription drug costs

WASHINGTON (AP) — After two setbacks this week, President Donald Trump is now focusing his drive to curb drug costs on congressional efforts aimed at helping people on Medicare and younger generations covered by workplace plans.

ENVIRONMENT

EPA reverses ban on pesticide seen as threat to bees

WASHINGTON (AP) — The Trump administration is allowing a once-prohibited farm pesticide back on the market over objections from beekeepers.

Economists urge Germany to price carbon, end subsidies

BERLIN (AP) — A panel of economists advising the German government is recommending that the country should put a price on carbon emissions if it wants to meet its targets for reducing the amount of greenhouse gases being released into the atmosphere.

AUTO INDUSTRY

VW, Ford broaden alliance to autonomous, electric vehicles

NEW YORK (AP) — Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday.

TECHNOLOGY

Report: FTC approves roughly $5B fine for Facebook

SAN FRANCISCO (AP) — The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported Friday. The report cited an unnamed person familiar with the matter.

Huawei calls on US to lift export restrictions

SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist.

Human workers can listen to Google Assistant recordings

SAN FRANCISCO (AP) — Google contractors regularly listen to and review some recordings of what people say to artificial-intelligence system Google Assistant, via their phone or through smart speakers such as the Google Home.

Amazon, seeking more skilled workers, will do the training

SEATTLE (AP) — Amazon will provide technical training to about one-third of its U.S. workforce, both to address the need for more skilled workers and to better compete against rivals.

TRANSPORTATION

Harley-Davidson's electric Hog: 0 to 60 mph in 3 seconds

Harley-Davidson is releasing details about the electric motorcycle it's rolling out this year that it hopes will capture the imagination of a new generation of riders and put a charge into its diminishing sales.

COURTS

Washington AG opens inquiry into NRA's financial affairs

WASHINGTON (AP) — The attorney general for Washington D.C. has issued subpoenas to the National Rifle Association and its related charitable foundation as part of an investigation into allegations of financial misconduct inside the powerful gun lobbying organization.

Reckitt Benckiser pays $1.4 billion in opioid settlement

LONDON (AP) — Consumer products company Reckitt Benckiser says it will pay $1.4 billion to resolve U.S. investigations into the marketing of an anti-addiction drug by a subsidiary.

NATIONAL/INTERNATIONAL BUSINESS

Stocks climb to records on hopes for lower interest rates

NEW YORK (AP) — The major U.S. stock indexes closed at record highs on Friday, with the S&P 500 ending above 3,000 for the first time. The market was driven higher by technology, consumer discretionary and industrial company stocks, which more than offset the drop in drugmakers.

US producer prices rise a modest 0.1% in June

WASHINGTON (AP) — U.S. producer prices rose modestly in June, another sign that inflationary pressures remain subdued.

China imports from US plunge 31% in June amid tariff war

BEIJING (AP) — China's trade with the United States plunged last month as a tariff war battered exporters on both sides of the Pacific Ocean.

US budget deficit jumps 23% through June

WASHINGTON (AP) — The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion as government revenues and spending both hit records.

Dow Jones industrials cross 27,000 points for first time

A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones Industrial Average climbed above 27,000 for the first time and the S&P 500 index hit another all-time high.

Powell sends further signals of future rate cuts

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there."

One reason for a Fed cut: Powell now fears too-low inflation

WASHINGTON (AP) — In a shift from just a few months ago, Federal Reserve Chairman Jerome Powell is worried that too-low inflation could persist for a while — and undercut the U.S. economy.

US consumer prices tick up just 0.1% as inflation stays tame

WASHINGTON (AP) — U.S. consumer prices rose just 0.1% in June, as cheaper gas prices were offset by higher rents and auto costs.

France adopts pioneering tax on tech giants after US threat

PARIS (AP) — France on Thursday adopted a pioneering tax on internet giants like Google, Amazon and Facebook despite U.S. threats of new tariffs on French imports if Paris went ahead with the plan.

South Korea seeks US help in bitter trade spat with Japan

SEOUL, South Korea (AP) — South Korea is seeking U.S. help in a bitter diplomatic row with fellow American ally Japan over its moves to tighten controls on high-tech exports.

Branson: Pound could be just a dollar in 'no-deal' Brexit

LONDON (AP) — Virgin Group founder Richard Branson has warned that the pound's value would fall to that of the dollar if Britain leaves the European Union without a deal — a stark prediction that will fuel worries about the economic pressures facing the country.

NATIONAL/INTERNATIONAL POLITICS

Analysis: Trump pattern is create a crisis, retreat, move on

WASHINGTON (AP) — President Donald Trump was defiant and declarative Friday, with all the hammer-on-anvil subtlety that has charted a now-familiar pattern of his presidency: create a crisis, retreat, declare victory, move on.

Trump citizenship plan will face logistical, legal hurdles

WASHINGTON (AP) — After failing to get his citizenship question on the census, President Donald Trump now says his fallback plan will provide an even more accurate count — determining the citizenship of 90 percent of the population "or more." But his plan will likely be limited by logistical hurdles and legal restrictions.

Trump says nationwide immigration raids set to begin Sunday

WASHINGTON (AP) — President Donald Trump says a nationwide immigration enforcement operation targeting people who are in the United States illegally will begin Sunday.

Labor Secretary Acosta resigning amid Epstein deal scrutiny

WASHINGTON (AP) — Labor Secretary Alexander Acosta said Friday he is resigning following renewed scrutiny of his handling of a 2008 secret plea deal with wealthy financier Jeffrey Epstein , who is accused of sexually abusing dozens of underage girls.

Pelosi ready for deal on borrowing limit, spending levels

WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that she wants to complete a deal with President Donald Trump this month that would raise the government's borrowing limit and set spending levels for the coming budget year.

Pentagon in its longest-ever stretch of leadership limbo

WASHINGTON (AP) — When he resigned as defense secretary last December, Jim Mattis thought it might take two months to install a successor. That seemed terribly long at the time.

Trump unloads on Ryan after 'American Carnage' excerpts

WASHINGTON (AP) — President Donald Trump criticized former Republican House Speaker Paul Ryan on Friday, calling him a "baby" and a "terrible speaker," who didn't know what he was doing.

Trump applauds far-right social media provocateurs

WASHINGTON (AP) — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views.

Despite US warnings, Russian S-400 systems land in Turkey

ANKARA, Turkey (AP) — The first shipment of a Russian missile defense system has arrived in Turkey, the Turkish Defense Ministry said Friday, moving the country closer to possible U.S. sanctions and a new standoff with Washington.

Trump gives up on bid to have citizenship question on census

WASHINGTON (AP) — Just a week after insisting that he was "absolutely moving forward," President Donald Trump abandoned his effort to insert a citizenship question into next year's census.

Treasury secretary: Congress may need quick debt limit deal

WASHINGTON (AP) — Congress might need to extend the government's crucial ability to borrow money before leaving the Capitol for its August recess, Trump administration officials said Wednesday. The timetable would heap extraordinary pressure on lawmakers to cut a deal on a measure that usually requires lengthy and politically delicate negotiations.

Diplomats shaken by resignation of Britain's US ambassador

WASHINGTON (AP) — The abrupt resignation of Britain's ambassador to the United States over leaked cables critical of the Trump administration may have jolted official Washington, but it's unlikely to have a lasting impact on the U.S.-British relationship or diplomatic practice.

US poised to begin immigration enforcement operation

WASHINGTON (AP) — A nationwide immigration enforcement operation targeting people who are in the United States illegally is expected to begin this weekend after it was postponed last month by President Donald Trump.

Trump's July Fourth event drains DC security fund

WASHINGTON (AP) — President Donald Trump's July Fourth event has drained a special fund used to provide security and protect the nation's capital from terrorist threats.

Microsoft reports hundreds of election-related cyber probes

Microsoft says it has detected more than 740 infiltration attempts by nation-state actors in the past year targeting U.S.-based political parties, campaigns and other democracy-focused organizations including think tanks and other nonprofits.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0