SUMMARY: A SmartAsset study reveals nearly 1.5 million U.S. households earn enough to be in the top 1%, requiring an average income of $731,492 annually. Washington, D.C. leads with a $1.07 million threshold, while states like West Virginia need about $416,310. Tennessee’s cutoff is $638,299. For the top 5%, the national average is just over $287,100, with D.C. again highest at $412,000. The study, based on 2022 IRS data adjusted to 2025, highlights regional income disparities. Additionally, JPMorgan Chase Institute found Americans increasingly move cash into investment accounts, boosting total cash reserves despite low growth in checking/savings balances.

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SUMMARY: East Tennessee reflects on the passing of two cultural icons: Ozzy Osbourne and Hulk Hogan. Dolly Parton paid tribute to Osbourne before his farewell performance, while wrestling legend Hogan, born Terry Bollea, is remembered for his East Tennessee roots. Knox County Mayor Glenn Jacobs honored Hogan and hosted School Mania, a back-to-school event that included free supplies and 3,000 boxes of Girl Scout cookies. As students return to school, local anchors shared nostalgic school photos and memories. With the new academic year beginning, coverage kicks off at Oak Ridge Schools, marking a return to routine after a fast-fleeting summer.

It’s time for the Buzz! Here’s a look at the entertainment news of the week right here in East Tennessee.

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SUMMARY: Davis Nolan’s Fishing Funtacular on July 27, 2025, highlighted anglers across Tennessee sharing photos of their catches. Young Price and West caught their first catfish at a family pond in Shelbyville. Riley landed her first catfish from a dock, while Hank from Winchester caught a large-mouth bass near Sinking Caulfield. Isaiah James reeled in his first fish at Ed Rollins Fish Farm. Molly caught a nice fish from Williamsport Lake, and Mason had a nighttime bass catch on Old Hickory Lake. Jacob Grove showed off pond fish from College Grove, and Owen Carville landed his first large-mouth bass on his 16th birthday. Lucas Pan amazed with a 7-foot shark from Florida. Viewers were encouraged to email photos for future shows.

It’s time for today’s Fishing Funtacular with Davis Nolan! Send your pictures to pix@wkrn.com and put the word FISH in the subject box. Tell us who is in the picture and where they are fishing.

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