Business
From local business openings to the TVA, commercial real estate and growth and development, the Times Free Press covers all aspects of the Chattanooga area’s business community
More in Business, page 30
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Hamilton County Business Development Center listed with $6.5M minimum offer
Chattanooga commercial real estate agency NAI Charter has listed the Hamilton County-owned property at 100 Cherokee Blvd. that now serves as the Hamilton County Business Development Center and is accepting proposals from potential buyers until Nov. 23
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US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market
Home shoppers holding out for relief from rising mortgage rates may be in for a long wait.
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Amazon increases minimum starting hourly wage for full-time core operations employees
Online behemoth Amazon said it's increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the crucial holiday shopping season.
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US stocks rally to their best day in 6 weeks after oil prices and bond yields ease
The U.S. stock market rallied to its best day in six weeks Thursday after falling oil prices and easing pressure from the bond market helped Wall Street reverse many of its moves from the prior day.
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Claims for unemployment benefits drop to 196,000, lowest since mid-July as layoffs remain low
The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security.
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Bingo and Tickle Me Elmo nominated for Toy Hall of Fame. Will Care Bears also make it this year?
Tickle Me Elmo dolls, the game of chance Bingo and the humble playground slide are among the finalists to get into the National Toy Hall of Fame this year, a lineup that also includes cuddly Care Bears, the dice game Yahtzee, the ancient game Mahjong and the Pokémon Trading Card Game.
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Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
Consumers may be griping about higher prices at the pump and elsewhere, but they keep spending, helping to power the economy, according to the latest government snapshot.
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Carney embraces EU associate membership proposal as Trump pushes Canada closer to Europe
Canadian Prime Minister Mark Carney on Thursday embraced the prospect of his country becoming the European Union’s first associate member, saying closer ties with the continent would ensure no country could control Canada’s markets or undermine its sovereignty.
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Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice
The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers.
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OpenAI flags concerning new AI behavior and vows to track it more closely
OpenAI has disclosed six reports of “unexpected or concerning” behavior in artificial-intelligence models as the debate on AI safety becomes increasingly heated.
