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 35
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US stocks jump after oil prices ease and an inflation update comes in near expectations
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
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Anthropic says it blocked misuse of its AI that could have supported biological weapons
Anthropic said Thursday it has blocked efforts by bad actors to use its artificial intelligence models for malicious activity such as cyberattacks, surveillance, and research that could have led to biological weapons.
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The US has made progress in reopening the Strait of Hormuz, but the Iran war is far from over
In recent weeks, the United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iran's own oil exports, accelerating its economic free fall.
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Hamilton County unaware amphitheater deal includes transfer of public land
Hamilton County officials did not know that developer Jimmy White's agreement with a private amphitheater developer included a contingency that the county transfer a block of land it owns to the out-of-state developer.
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Final Chattanooga area O’Charley’s closes as chain shuts down
Nashville-based O'Charley's closed its Fort Oglethorpe location Wednesday as the chain shut down its corporate restaurants nationwide.
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Oil prices leap to their highest since May and drag Wall Street lower
Oil prices keep climbing as the war with Iran keeps clogging the global flow of crude, and they leaped Thursday to their highest levels since before the summer. That worsened worries about inflation and cranked up pressure within the bond market, helping to send stocks lower again on Wall Street.
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Payday lender Advance Financial closes several dozen Tennessee stores
Nashville-based payday lender Advance Financial closed over 40 of its storefront locations Wednesday.
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US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated.
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Mortgage rates climb: Average rate on a 30-year home loan hits the highest level in over 14 months
Mortgage rates rose for the third week in a row, pushing the average long-term U.S. home loan rate to its highest level in over 14 months.
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New Apple CEO unveils latest iPhone lineup, including a foldable model called Duo
Apple on Wednesday unveiled its latest generation of iPhones, including a widely anticipated foldable version called Duo.
