Big technology companies powered stocks higher on Wall Street Monday, adding to the market’s gains after a three-week winning streak.
The S&P 500 rose 0.84% after being down 0.3% in the early going. Gains by technology and communication stocks and companies that rely on consumer spending outweighed losses elsewhere in the market. The rally, which gained strength in the final hour of trading, nudged the benchmark S&P 500 index to a slight gain for the year and drove the Nasdaq composite to an all-time high. Read More
Governor Bill Lee’s proposed amendment to the budget for the 2020-2021 fiscal year resorts to zero growth, in order to weather the impact of the coronavirus pandemic. Read More
Financial advice guru Dave Ramsey of Brentwood formally announced his endorsement of his “good friend” U.S. Representative Marsha Blackburn (R-TN-07) for the U.S. Senate on Friday. Watch his endorsement: Ramsey says, “I’ve known Marsha since way back in 2001 when she and I and a bunch of others fought against… Read More
Nashville, Tennessee-based law firm Branstetter, Stranch & Jennings has filed a class action lawsuit against Georgia-headquartered regional bank United Community Bank, which has locations in three additional states, including Tennessee. BS&J filed the lawsuit with Cohen & Malad, LLP of Indianapolis, Indiana. The suit was filed in the United States… Read More