Greenspan signals readiness for longer easy policy stance
Fed chair Alan Greenspan testified to the House Financial Services Committee that the central bank remains prepared to maintain a highly accommodating stance for as long as needed to foster solid economic performance. He rejected claims that rates below 0.75 percent would hinder money market funds and said conventional easing could continue with the federal funds rate at 1 percent if the FOMC deems it warranted.
MENTIONED IN THIS ARTICLE
Fed
Greenspan
House Financial Services Committee
FOMC
Greenspan Defends Fed Policy Amid Tax Cut Debate
Fed officials see inflation easing and hold the funds rate near 1 percent at the next meeting on August 12 with room to cut if the economy deteriorates. Greenspan warns inflationary side effects from alternative actions and stresses pay go rules to curb deficits while supporting tax cuts for growth. Democrats blame deficits on Bush tax cuts. Republicans cite sluggish economy and war costs. Rep. Sherman quips about a futile wish for Julia Roberts.
MENTIONED IN THIS ARTICLE
Fed
Greenspan
Bush
Congress
Brad Sherman
Calif
Julia Roberts
Notable coaches play for children's hospital fundraiser
The charity golf tourney drew famed coaches including Mark Gottfried Jim Calhoun Kelvin Sampson Bill Self and Tubby Smith alongside veteran Hugh Durham who teamed with Charles Boyett Dennis Trotter and David Greene to win with an 17under scorecard playoff over Hap Greenway Rod Greenway Scott Brown and Terry Zeh. The event has raised nearly $20,000 for Children’s Medical Center of Georgia over three years.
MENTIONED IN THIS ARTICLE
Verdery
Children's Medical Center of
Georgia
Durham
Rob Gantt
Rgantt
Aikenstandard
Plan outlines expanded lane reversals for Floyd evacuation
The plan adds four lanes on U S 501 from the Conway Bypass to Marion and reverses eastbound lanes on US 21 from 280 near Beaufort to Gardens Corner and on US 278 from I 95 to Hilton Head. I-26 reversals remain, with exits available. Traffic speeds target about 40 mph, restrooms added at truck weigh stations, and travelers urged to evacuate early. Hurricane season runs June 1 to November 30.
MENTIONED IN THIS ARTICLE
Ricane Floyd
Myrtle Beach
Conway Bypass
Marion
Beaufort
Gardens Corner
I-95
Hilton Head Island
Floyd
Summerville
Orangeburg
Highway Patrol
Harry Stubblefield
Columbia
Sanford
Market Ties to Land Preserve Local Farmers Market
The market is described as a jewel of the community and an anchor for redevelopment. McGhee Reed supports keeping the market at its current site to benefit farmers who rely on it, and to preserve their way of life and contributions. Contact Rob Novit at movit aikenstandard.com.
MENTIONED IN THIS ARTICLE
Ation
McGhee
Reed
Rob Novit
Movit
Aikenstandard.com
Aiken
Park Avenue
Skirkland
Couple pleads guilty in vicious assault on woman
An estranged couple Chad Craig and Crystal Craig pleaded guilty for luring a woman from her home and beating her so severely she required facial reconstructive surgery. Prosecutor Ben Moore said the attack included numerous blows and humiliation. Chad received seven years with 60 days in jail and three years probation, while Crystal also drew seven years with six months to serve and three years probation.
MENTIONED IN THIS ARTICLE
Ben Moore
James Williams
Chad Craig
Crystal Craig
Moore
Williams
Moore Chad Craig
Chad
Crystal
Kathy Retcoats
Kjeboats
Aikenstandard.com
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Bankrate Com
Chris
North Carolina
Alabama
Mark Gottfried
Connecticut
Jim Caljhoun
Oklahoma
Kelvin
All Paws Inc
Pine Log Rd
William McGhee
Aluikienn
Sentricon
Discover
Janice L. Geddings
BIC
Cedarcreek.net
Windermere
Edengardens
Silver Bluff
Augusta Lye
Augusta Ry
Tom Young
Henry Holley
Allstate
Econ
US Postal Service
Lex Kirkland Business
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