Clark & Washington-Chattanooga

01/25/2024

https://www.reuters.com/markets/us/us-bankruptcies-surged-18-2023-seen-rising-again-2024-report-2024-01-03/

U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wednesday showed, although insolvency case volumes remain well below the level seen before the outbreak of COVID-19.

08/04/2023

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcy-filings-hit-12-year-high-in-first-2-months-of-2023-74567693

Total filings in January and February are the highest since 2011.

05/04/2022

Plus, what to know if you are considering buying a foreclosure.

02/16/2022

https://money.yahoo.com/irs-we-face-major-challenges-as-tax-day-looms-152135205.html

The IRS Commissioner says the agency's focus is "simplifying the taxpayer’s filing experience," he writes in an exclusive Op-Ed for Yahoo Finance.

11/11/2021

https://www.nationalmortgagenews.com/news/foreclosures-jump-13-month-over-month-in-october

Mortgage defaults, bank repossessions and auctions rose for the third month in a row, according to Attom Data Solutions.

09/15/2021

https://www.washingtonpost.com/business/2021/08/03/faq-foreclosure-moratorium-ending/

The federal government's pause on pandemic-related foreclosure has prevented a mortgage crisis — so far. But as forbearances are ending, homeowners need to act to avoid losing their homes.

11/10/2020

https://www.reuters.com/article/us-jc-penney-bankruptcy/j-c-penney-rescue-deal-approved-in-bankruptcy-court-idUSKBN27Q0FB

A U.S. judge on Monday approved a deal to rescue J.C. Penney Co Inc from bankruptcy proceedings precipitated by the coronavirus pandemic, averting a liquidation that would have put the beleaguered department store chain out of business and jeopardized tens of thousands of...

10/14/2020

Exhibition shares took a beating Tuesday as AMC Entertainment announced its cash might be gone by year end and Walt Disney became the latest big content company to restructure operations around str…

10/14/2020

https://www.wrcbtv.com/story/42660385/mental-health-transportation-initiative-in-hamilton-county-celebrates-one-year

Last year, Erlanger Behavioral Health Hospital, the Hamilton County Sheriff's Office and Amerimed EMS joined forces to create the Psychiatric Transport Initiative.

09/16/2020

https://www.reuters.com/article/us-bank-of-america-conference/bank-of-america-sees-net-interest-income-stabilizing-by-years-end-ceo-idUSKBN2662V7

Bank of America Corp Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror.

08/27/2020

The state's application for a federal program that will provide unemployed Tennesseans an extra $300 per week, though the timeline remains unclear.

07/28/2020

https://www.knoxnews.com/story/money/2020/07/28/tennessee-unemployment-glitch-system-leads-8-000-delayed-claims/5523157002/

A "glitch" in Tennessee's unemployment system Sunday resulted in erroneous claim denials and other issues for about 8,000 people.