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Content Tagged 'Money'

What Federal Sequestration Means for You
There is only one week left to avoid one of the largest federal budget cuts in history. If Congress can't reach a deal, sequestration would begin on March 1. Congress is eight days away from the deadline that could mean a million jobs lost. Video Watch Video
Calculating Your Fall Over the Fiscal Cliff
Faced with an increasing tax bill and a diminishing paycheck, how do you figure out what a fall over the so-called 'fiscal cliff' means to you? Video Watch Video
Money Questions Surround Southaven Senior Center Project
All Southaven aldermen voted to move forward with plans for a new senior center this week. Mayor Greg Davis vetoed a measure that would have required board approval each step of the way. Video Watch Video
Black Friday Shoppers Caught with Counterfeit Money
Two early morning Black Friday shoppers were arrested at Wolfchase Galleria for passing off fake bills at several stores.
Mayor: Shelby County Facing Financial Challenges
Mayor Mark Luttrell says the county will have to be innovative and creative to ensure there's enough money for needed services without putting too many of those costs on the taxpayers.
Gas for Guns Turnout 'Exceeded Expectations'
An initiative sponsored by Memphis Mayor A C Wharton's office aimed to crack down on crime by getting guns off the street.
Tennessee Board of Regents Approves Tuition Increases
Students at several universities, community colleges and technology centers across Tennessee will pay more for tuition this fall.
With Casino Cash Down, Future Uncertain for Tunica
An uncertain future for Tunica, Mississippi. Tunica County's operating budget is short millions, mainly from declining casino revenues. Video Watch Video
Pricey Consultants Hired to Help Memphis Save Money
Memphis Mayor A C Wharton is rolling out a new initiative hoping to make the city more efficient. Instead of looking at the city's money woes one year at a time, he wants to look long term. Surprise, surprise, he's hired a pricey consultant to help do it.
Man Arrested after Guns, Drugs Found in House Fire
Memphis firefighters found guns, money, and drugs while battling a house fire on the 4500-block of Applegate in the Whitehaven area Wednesday night. Video Watch Video
Memphis Police Tab for Special Events May Go Unpaid
Organizations that stiffed Memphis to the tune of a million bucks may get away with it. The money is owed to the city for providing police protection at special events. Video Watch Video
Residents Face Massive Tax Hike in Tunica County
Think taxes are bad where you live? They're prepping for a major property tax hike in Tunica, a 30 percent increase. Video Watch Video
Police Grant Money Running Out for GPS Tracking Bracelets
Accused burglars, rapists and robbers will soon be on Mid-South streets and the law can't keep an eye on them. Police used to track them with GPS bracelets, but no more; money for the GPS program is running out. Video Watch Video
Earthquake Research Facing Budget Cuts in 2013
A proposal to cut $11 million from earthquake research has experts concerned.
County Leaders Confident Vehicle Inspection Plan will Fail
Shelby County Commissioner Terry Roland is dead-set against a plan that would charge you for car inspections, and that would include people who live outside city limits but drive into the city more than twice a week. But now a few days have come and gone. Roland's not as worried as he used to be. Video Watch Video
Tax Hike May Send Even More Memphis Shoppers to DeSoto Co.
With a sales tax of only seven percent, DeSoto County, Mississippi calls out to Memphians. Shop here, save money - and they do. Video Watch Video
Health Insurance Rebates Expected for Tennesseans
Officials say that more than 200,000 Tennessee residents are set to receive rebates from their health insurance company this year.
Residents Lash Out at Memphis City Budget Meeting
The idea of a 47-cent property tax increase is not going over well with taxpayers, and they let it be known at Tuesday night's city council meeting. Video Watch Video
MPD Speeding Tickets Soar in April
Despite an increase in officers looking for speeders, the City of Memphis is down more than 40,000 tickets from this time last year, but they're quickly turning that around. Video Watch Video
Thousands to Be Reimbursed by Shelby County for Garnishments
Hundreds of thousands of dollars have been sitting in Shelby County's bank account for more than ten years and some of that money may belong to you. Video Watch Video
Councilman Ford Wants More Time for Vehicle Inspection Plan
The man behind one of the most controversial proposals to come out of the Memphis City Council in years says he wants a little time. Video Watch Video
Mo' Money Co-Founder Weighs In on Investigations, Congressional Hearings
There are still more than 400 Mo' Money Tax Service customers who don't have their tax returns, and all these months later, despite a federal investigation and impending Congressional hearings, we may not be any closer to knowing what really happened this tax season. Video Watch Video
Councilman Ford Confident in Vehicle Inspection Plan
Earlier this week, Memphis City Councilman Ed Ford Jr. said he wants to charge for motor vehicle inspections. He also wants people who travel into the city at least two times a week to get their cars inspected too. Ford says he's getting nothing but good comments from people in Memphis about the plan, and so he's moving forward. Video Watch Video
Cars and Harleys Up for Bid at City Auction
Cars, Harley-Davidson motorcycles and engines are just a few of the items up for auction in one of the biggest fundraisers of the year for Memphis. Saturday is the city's semi-annual surplus sale. Video Watch Video
Democrats Put Pressure on Haslam as UT Board Increases Tuition
A college education in Tennessee is getting costlier, but not if Democratic lawmakers have their way. Video Watch Video
Morgan Keegan Funds to be Distributed in Mississippi
Secretary of State Delbert Hosemann says about 1,600 Mississippians have until June 16 to file claims for what they are owed by Morgan Keegan.
Council Considers Vote on Sales Tax Increase
The business of sin is off the table for now with the Memphis City Council, unless you believe a sales tax increase is a sin. Video Watch Video
Federal Funds Drying Up for City Improvements
The Memphis blight fight is facing a fight of its own, one for money. Federal grants have dropped more than 20 percent recently and will probably get worse. Video Watch Video
TN Bill to Bring Big PAC Money Back into Campaigns
Big money is making a big comeback in the Tennessee Legislature. There is a bill working its way though both houses that would let Political Action Committees spend all they want for candidates. Video Watch Video
Taxpayers May Chip In $2M for Chisca Hotel Renovation
It will cost nearly $20 million to fix and reopen the historic Chisca Hotel. Members of the Memphis City Council are also talking about the city throwing in $2 million to help renovate the hotel, but with all the talk about the city's budget woes, is it a wise investment? Video Watch Video
City Still Waiting for Payoff from Parking Crackdown
The crackdown on parking in Memphis has been a monumental failure, at least when it comes to putting money into the city budget. Video Watch Video
Pinnacle Airlines Files for Bankruptcy
Memphis-based Pinnacle Airlines has filed for Chapter 11 bankruptcy. Company leaders say they need to work on a turnaround plan.
Angry at Prices, Southaven Man Plans Gas Protest
Most people feel like there's nothing they can do to ease the gas price squeeze. One Southaven man has an idea on how to solve the problem, and it involves you doing nothing - nothing at all. Video Watch Video
Morgan Keegan to Pay Back Pension Plans
Memphis, Tenn.-based brokerage company Morgan Keegan will pay more than $630,000 to 10 pension plans after the Department of Labor said the company violated federal law for taking incentives to steer clients to certain investments.
Olive Branch Busy Getting Ready for New Hospital
The city of Olive Branch worked for more than a decade to bring a hospital to town. Now that one's being built, there's more that goes into it than just a building. The city's spending millions to get ready. Video Watch Video
Southaven Seeing Record Sales Tax Revenue
The City of Southaven just set a record, and with all the bad news coming from city hall lately, it's finally something the town is proud to talk about. Video Watch Video
Low Voter Turnout Costing Shelby County Taxpayers
Shelby County voters turned out in dribbles for the Super Tuesday Primary Election. But elections don't come cheap, even if nobody votes. Video Watch Video
Memphis Restaurants & Hotels Cashing in During Bridge Tournament
About $10 million is coming in to the city of Memphis and it's all thanks to a card game. Video Watch Video
Lottery Ticket Buyers Dream of Jackpot Winnings
It's the stuff of dreams, the chance to win more than half a billion dollars. The Mega Millions lottery jackpot now stands at $540 million, the largest payoff in American history. Video Watch Video
Mo' Money Processor Cuts Ties with Tax Preparer
There are more delays for Mo' Money Taxes customers, after one of the companies hired to process tax refunds for the tax service quit. Video Watch Video
Southaven to Perform Audits Every Two Weeks
Southaven has put a new policy in place. Aldermen have decided to review the city's finances every two weeks. All of it is an effort to keep a close eye on taxpayer's money. Video Watch Video
Wharton Considers Employee Layoffs as Budget Looms
Mayor A C Wharton is considering police and fire department layoffs in Memphis as he prepares to present his budget ideas to city council members next week. Video Watch Video
Big Rigs Keep on Rollin' Despite Rising Fuel Costs, For Now
It is becoming harder and harder for truck drivers to make their deliveries. Just like you and me, they are feeling the pain at the pump. But for big rig drivers, that pain is magnified. Video Watch Video
Merchants against Proposed Beale Street Tax
A proposed bill that would add a .50-cent tax onto Beale Street bar tabs doesn't have the support of either the merchants on the famous Memphis street or the city that would collect the tax.
Record Spring Temps Means Air Conditioner On Earlier
Record-breaking temperatures in March has caused some residents to flip on the A/C. Some wonder what they can do to keep utility bills from climbing sky high. Video Watch Video
Wharton Promises No More Cuts for City Employees
Memphis Mayor A C Wharton says it's a guarantee: he won't ask for any more pay cuts from city employees. Video Watch Video
Jesse Jackson Calls for Bank Lending Reform
The foreclosure crisis has hit hard in Shelby County, and now a national civil rights pioneer is adding his voice to the call for change. Video Watch Video
Council Approves $16M for Whitehaven Revitalization
The Memphis City Council voted to give the area around Graceland in Whitehaven $16 million for improvements. Video Watch Video
$500 Million Jackpot has Hopeful Memphians Excited
Do you feel lucky? Do you feel half a billion dollars lucky? Millions of people are digging into their wallets for a chance at the biggest payoff in lottery history. Video Watch Video
Pinnacle Pilots Picket outside Memphis Headquarters
The trouble keeps mounting for Pinnacle Airlines. Not only is the regional carrier seeking bankruptcy protection, but its pilots also accuse the company of bad business practices.
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