Sales of new homes hit all-time high
WASHINGTON Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — Sales of new homes jumped to an all-time high in October in what could be a final spurt from a housing market that is expected to slow after five record-breaking years. The Commerce Department report…
Read MoreReport says consumer confidence soars in November
NEW YORK Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — The outlook for the holiday shopping season brightened Tuesday with news that consumer confidence soared in November in response to a drop in gasoline prices and a pickup in the job market. The surge…
Read MoreALL BUSINESS: Realtors’ bullish outlook on housing questioned
By RACHEL BECK / AP Business Writer NEW YORK — When real estate agents try to sell a home, they often zero in on the positives — big closets, great space for entertaining, lots of potential to expand — and hope everything from creaky floors to dated appliances gets overlooked. It’s the same tactic that…
Read MoreALL BUSINESS: End to rate hikes may not benefit stocks
By RACHEL BECK / AP Business Writer NEW YORK — Now that the Federal Reserve has hinted that its series of interest-rate increases may soon end, some investors are already getting excited about the prospects of what that could mean for stocks. Maybe too excited. That’s because they are counting on a repeat performance of…
Read MoreBeacon Federal donates to FIC
By LISA CHAPMAN / Staff Reporter for the Southern Standard Beacon Federal employees are joining in the Christmas spirit this year, as employees donated $220 to Families in Crisis. The donation was made instead of giving Christmas presents to each other this year.In light of their employees’ dedication to such a good cause, Beacon Federal…
Read MoreElizabeth Daphine Atnip, 77
McMinnville resident and Warren County native Elizabeth Daphine Atnip, 77, died Nov. 26 at Vanderbilt University Medical Center after an extended illness.A homemaker, she was the daughter of John J. and Minnie Chambers Bell.She is survived by her husband, Bill Atnip; daughter, Chris Atnip of McMinnville; son, Jim Atnip of McMinnville; sister, Juanita Copeland of…
Read MoreWatchdogs protest scenes of cannibalism in video games
WASHINGTON Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — Video games glamorizing guns and violence have long drawn the ire of media watchdog groups. This holiday season, they say they have found a bloody new wrinkle to hate: cannibalism. Games featuring graphic scenes of…
Read MoreReport: Distracted U.S. faces growing risk of cocaine trafficking
WASHINGTON Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — More cocaine is likely to come into the United States from South America as the U.S. diverts resources from its drug-control strategy to hurricane relief and the war on terror, congressional investigators say. The report…
Read MoreReport: Air marshals shelved cross-training of other federal agents
WASHINGTON Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — Efforts to train thousands of federal agents to protect commercial flights during heightened terror alerts were quietly abandoned more than a year ago because Congress objected to the cost, government investigators said Tuesday. The Government…
Read MoreNick Lachey to navigate marriage in new TV pilot
LOS ANGELES Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. — “Newlyweds” Nick Lachey and Jessica Simpson aren’t yet divorced, but Lachey is moving on to a new marriage. At least on TV. Lachey is set to play a baseball star navigating a new marriage…
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