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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Aug 26, 2015
Page
2
In a volatile market, experts urge 401(k) holders and investors to stay calm and refrain from rash moves. Even top professionals with vast assets under management admit uncertainty about the next direction as the Dow swings sharply, underscoring past recoveries and urging patience.
Paris prosecutor Francois Molins opened a terrorism investigation into Ayoub El-Khazzani, 26, after he carried an assault rifle on the Amsterdam to Paris train. He watched a jihadi video on his cellphone minutes before the attack and told investigators he planned to rob passengers with weapons found in a Brussels park.
Hezbollah declared support for mass protests demanding government resignations in Beirut over corruption and poor services. The move heightens fears of the group steering a broad popular movement as ministers allied with Hezbollah walk out of a cabinet session on the garbage crisis, while a grassroots You Stink campaign mobilizes thousands for further demonstrations.
The Congressional Budget Office projects the 2015 deficit at 426 billion, the smallest in Obama’s tenure due to stronger tax collections. Analysts warn that despite the drop, deficits will rebound to over 1 trillion by 2025 as aging and health costs rise, risking higher debt. White House cautions against cutting agency budgets and urges highway funding.
Fox News Channel chairman Roger Ailes urged Donald Trump to apologize for an unprovoked Twitter attack on Megyn Kelly calling it crude and unacceptable. Trump defended his stance saying Kelly has been off her game. Ailes praised Kelly’s professionalism amid the feud sparked by questions at the August GOP debate.
The forecast calls for partly cloudy skies with a high of 75 degrees and humidity around 68 percent. Light winds are expected. Tonight will be mostly cloudy with a low near 53 degrees and light winds. The record high for today is 97 degrees set in 1948.
President Obama returns from vacation energized and feisty, warning during a Nevada Democratic fundraiser that a Republican Congress blocks needed action on the budget energy and education. He and Senate Leader Reid discussed “crazies” while stressing bipartisan failure hurts the country. He attacked fossil fuel critics and Koch donors while championing renewable energy and a future oriented agenda.
Americans report record recalls and rising prices driving lower car satisfaction. The American Consumer Satisfaction Index shows the automobile score at 79, the lowest since 2004, amid 64 million vehicles recalled and safety issues from explosive air bags and faulty ignition switches.
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