RISE Foundation offers pro-bono, personalized guidance, savings-building programs and financial literacy classes.

Memphis-based Lipscomb & Pitts Insurance is now a Higginbotham company, but will continue to operate as “Lipscomb & Pitts.” The two co-chief executives, Mat Lipscomb III and Johnny Pitts, have been named managing partners by the Fort Worth-based Higginbotham.

The EDGE board approves more grant money for restaurants and grocers that are affected by the pandemic and the latest restrictions.

University of Memphis officials say they’re mulling over the future of Sparks Bureau of Business and Economic Research to see if it can continue serving business, government and community organizations.

Among other things, the CARES Act eliminated the 10% early withdrawal penalty for individuals under the age of 59½. But one-third of any money withdrawn will be included as income on taxes for each of the next three years

AutoZone directors have increased the company’s share repurchase authorization by $1.5 billion, pushing the total since 1998 to $24.65 billion.

In a recent three-year period, the total number of dollars granted to nonprofits led by people of color in Memphis actually dropped — from 37% to 31%.

On Nov. 27, the benchmark 30-year fixed refinance rate was 3.09%, according to Bankrate.com. The average 15-year fixed refinance rate was 2.52%.

Hundreds of thousands of Americans received unemployment benefits when the pandemic shut down businesses, as well as the additional $600 per week stimulus under the CARES Act.

Locally, shares of FedEx Corp. hit an intraday 52-week high of 296.04, closing at 291.68 per share.

First Horizon’s stock will continue to trade under the same symbols.

In its Building Blocks program, JA partners with Shelby County Schools to offer a 40-part video series and curriculum guides to introduce students to local entrepreneurs.

A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.

A formal grand opening and ribbon-cutting ceremony with community members and dignitaries will be held on Nov. 18.

With plans for a branch in Arlington, The Bank of Fayette County is increasing its footprint in Shelby County, with more locations expected.

Shares of Memphis-based Paragon Financial Solutions trade on the OTCBB under the ticker symbol PGNN.

The good news: Wealth managers see clients spending less and saving more. The bad news: Some employers have reduced 401(k) contributions, and that could fuel a future retirement crisis.

It is the first quarter Memphis-based First Horizon has reported results that include the merger of Iberiabank and the acquisition of 30 Truist bank branches.

Duncan-Williams Inc., the family- and employee-owned brokerage firm that has been part of Memphis for 52 years, is being acquired by South State Corp. a publicly traded firm based in Florida.

The project employs U of M students to manage about half of Raymond James’ national identity and access program.

A Georgia producer of biodegradable plastics proposes to merge with a blank check company led by Memphis businessman Gary Wunderlich to go public and meet growing demand for eco-friendly plastic.

Federal Paycheck Protection Program and a flight to cash cited as reasons for dramatic increase in local bank deposits. 

All 650 respondents were residents of Shelby County and DeSoto County in North Mississippi, spanning more than 40 ZIP codes.

Raymond James’ CEO Paul Reilly sent the memo to employees and financial advisers, notifying them a 4% cut in workforce was part of an effort to reduce costs.

Raymond James is not saying how many of the nearly 930 Memphis employees were laid off on Tuesday.