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News - Friday, August 12, 2022

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First-generation Americans find success in real estate, business
They arrived as tourists, ‘fell in love with America’

Americans have rarely been as divided as they are today. Glaring disagreements on the economy, racial justice, climate change, law enforcement and more have forged “deep and bitter divisions in American society,” reads a November 2020 Pew Research Center article titled “America is exceptional in the nature of its political divide.”

Justice Bus reaches Chattanooga

The Tennessee Supreme Court Justice Bus now offers free legal services to clients in Chattanooga.

“The Justice Bus is a unique opportunity to bring legal services to people where they are,” says Savannah Quintero, pro bono coordinator with the Tennessee Supreme Court’s Access to Justice Commission. “We’re building partnerships in communities across the state, and we believe the bus will go a long way toward making legal services more accessible.”

Chambliss Law hires financial analyst Kujawa

Financial analyst Nick Kujawa has joined Chambliss, Bahner & Stophel, where he will assist management with analyzing quantitative information for decision-making and planning purposes.

Kujawa will provide and evaluate financial reports, performance indicators and reporting packages to the firm’s leadership. He will also review the firm’s historical data and industry.

Chamber selects attorney Adams for leadership program

Chambliss, Bahner & Stophel attorney Stephen Adams will participate in the 2023 cohort of Leadership Chattanooga.

Leadership Chattanooga is a leadership development and civic engagement program for established professionals in the greater Chattanooga region.

Ali finds his path to business success

No one can accuse general contractor Shazman Ali of being lazy. Even his business card suggests there are few tasks he’d be unwilling to tackle.

The card, which the 26-year-old Ali will deliver to any smartphone, contains a long but neatly formatted list of services he offers through his company, 24/7 Construction.

Bubble? No, this is more of a market ‘shift’

If you follow real estate, you know inflation has led to increased mortgage rates, which has also contributed to the recent cooling of the residential market. There are a lot of moving parts, and it’s becoming more difficult to predict where the market is heading.

Yun statement on US economy

NAR Chief Economist Lawrence Yun released the following statement after the Labor Department reported U.S. employers added 528,000 jobs in July, suggesting the labor market is withstanding the economic impact of higher interest rates:

“July saw a solid jobs number, with 528,000 net new payroll additions. The 20 million jobs lost during the early months of the COVID-19 lockdown have been fully recovered. More Americans are working today than at any time in history.

It’s almost time for the 2022 Fall Home Show

Although we’re still experiencing record high temperatures as summer continues, students are getting back to the books and all things pumpkin spice are already appearing in stores around Chattanooga.

With those first hints of fall comes the annual Fall Home Show, scheduled for Sept. 24-25.

Newsmakers: Erlanger selects 2023 Believe Bash co-chairs

Cynthia and Jay Dale, along with Lauren and Dr. Peter Boehm, Jr., are co-chairing Erlanger Health System Foundation’s 2023 Believe Bash gala.

The annual fundraiser gala is scheduled to take place April 29 at the Chattanooga Area Convention Center. The event will feature a cocktail reception, a gourmet meal, a live auction, live music and dancing.

City accelerates efforts to increase access to parks

The city of Chattanooga has formed a partnership with Trust for Public Land’s 10-Minute Walk Park Equity Accelerator, a new initiative designed to expand residents’ access to parks.

The TPL launched the 10-Minute Walk campaign to help cities ensure every resident can access a park or green space no farther than a 10-minute walk from their home.

Chattanooga gets taste of fresh-from-boat seafood

Somewhere off the coast of Oahu, Hawaii, the crew of a fishing boat is hoisting a squirming net of tuna out of the salty waters and dropping its contents into a hold.

Within 36 hours, some of those fish will make their way onto the ice that fills the glass display at Chattanooga Seafood Company. From there, the skillets and plates of the local populace await.

Financial Focus: What should you know about IRA rollovers?

If you’ve been contributing to an IRA, you’ve chosen a great way to save and invest for retirement. All IRAs have potential tax benefits and a range of investment possibilities, but not all IRA providers offer the same features.

So, if you decide that your current IRA provider is charging higher fees than you’d like, or perhaps doesn’t offer as many investment choices as you want, then you might choose to move your IRA assets to another provider. How should you go about making this switch?

Personal Finance: Three ways to fight against inflation, win the long game

Inflation is scary. Groceries, gas, airfare, car purchases, utilities: In so many areas, your buying power is shrinking as prices continue to rise.

Fear can make you want to do something – anything! – to fight back. Thankfully, many of the best moves to counteract inflation align beautifully with time-tested money management practices. Here are three areas where smart strategies become even smarter when prices are rising.

Vols building a defense to keep up with fast-paced offense

Because of the blink-and-you-might-miss-it style and amount of points scored, Tennessee’s offense usually gets most of the attention. But it could be Tennessee’s defense that determines the true potential of the team during the 2022 season.

Five new vehicles that are easy on the wallet

By Miles Branman | Edmunds

New cars are pricier than ever with inflation, low inventory and now rising interest rates taking a toll on prices.

Last week, Federal Reserve raised interest rates for the fourth time this year, compounding the issues that plague car shoppers.