Business news

Gas prices down sharply, will likely fall further

Sep 22, 2014

MURFREESBORO, Tenn. (WMOT)  --  A fuel price analyst with AAA says Tennessee now enjoys some of the cheapest gas prices in the nation, and he predicts prices will fall still further through the end of the year.

AAA’s Daily Fuel Gauge Report says the average price for a gallon of regular unleaded paid in Tennessee today is$3.13, that’s 25 cents below the national average. Here in Murfreesboro, lists more than 20 stations selling a gallon of gas for under $3 per gallon.

Josh Carrasco with AAA says we have the change of seasons to thank for the lower prices.

Tennessee unemployment rate up significantly

Sep 22, 2014
Tenn. Dept. of Labor and Workforce Development

MURFREESBORO, Tenn. (WMOT)  --  Tennessee’s unemployment rate has risen sharply in recent months, bucking the national jobless rate which continues to fall.

Just released data from the Tennessee Department of Labor pegs the state’s August unemployment rate at 7.4 percent, up 3 tenths over July and up more than a full percentage point since May.

The federal jobless rate now stands at 6.1 percent or 1.3 percent below the Tennessee number.

 Middle Tennessee State University will supplement by $1,000 the Hope Lottery Scholarships of incoming students who stay on track to graduate in four years – and pay a Finish Line Scholarship to graduating seniors that will return any tuition increases over that span.

Both initiatives, which apply to students entering the university this fall, are part of the MTSU Student Success Advantage, which President Sidney A. McPhee announced in Chattanooga on Wednesday on the first leg of the six-city True Blue Tour.

Traffic alert: Gas giveaway near MTSU on Friday

Sep 18, 2014

MURFREESBORO, Tenn. (WMOT)  --  Murfreesboro residents are used to traffic being heavy around the Middle Tennessee State campus, but things might get especially hectic Friday morning.

Locally owned Wilson Bank and Trust will be giving away $20 worth of free gas to the first 200 customers to show up at the Shell station located at the corner of Greenland Drive and Middle Tennessee Blvd. beginning at 11 a.m.

Wilson Bank and Trust Regional President Barry Buckley says the promotion is intended to highlight the lower banking fees generally charged by community banks.

Is Tennessee still technology challenged?

Sep 18, 2014

MURFREESBORO, Tenn. (WMOT)  --  A new survey suggests Tennessee is keeping pace with the nation as a whole in the area of technology adoption and broadband internet access.

A public–private partnership called Connected Tennessee commissioned the survey. It reveals that 81 percent of the state’s businesses have broadband internet access, up 5 percent in a single year and slightly better than the national average.

The survey also indicates that Tennessee companies are pulling in more than $37 billion a year in online sales alone.