A recent report shows car repossessions are up to the highest number since the recession of 2009. U.S. companies are intensifying job cuts and workforce reductions and U.S. consumer debt reached a record high of more than $18 trillion with significant increases in mortgage and credit card balances. As the Christmas gift buying season is…
The SMILE Fund Podcast: Wacky Signs Of Economic Times
The SMILE Fund is an investment account managed by students here on our campus, the University of Tennessee at Chattanooga. Over the years, the Fund has grown from 250,000 dollars to three million dollars. Two UTC students now involved in steering the fund are Zane Warren and Justice Cardenas. This semester, they launched a SMILE…
Turkey prices drop, veggie costs rise this Thanksgiving for shoppers in Tennessee, Georgia
University of Tennessee Chattanooga economist Howard Wall says Thanksgiving grocery costs largely depend on what you buy and where you shop. With turkey prices falling about 16%, holiday meals for many Tennesseans are cheaper this year — but rising costs for vegetables and sweet potatoes offset some savings. Wall notes that while some studies show…
4 Honored At University Of Tennessee President’s Council Awards
Four individuals were honored by the University of Tennessee on Nov. 25, including two with significant UTC ties. Gary W. Rollins, whose historic gift created the Gary W. Rollins College of Business, was recognized for his enduring impact on UTC and statewide education. Mike Griffin, a distinguished UTC alumnus and longtime supporter, was also honored…
Study documents more than $5 billion impact of EPB’s fiber optic network and automated electric grid
EPB’s fiber optic network and automated electric grid have generated $5.3 billion in community benefit since their launch in 2010, according to a peer-reviewed economic impact study conducted by the University of Tennessee at Chattanooga (UTC). The study was conducted by Bento Lobo, Ph.D., who heads the Department of Finance and Economics at the UTC Rollins…