Stocks plunge after Fed announcements
New York stocks fell sharply after the Fed signaled a rate increase coming, with the Dow dropping over 146 points after the Open Market Committee kept rates unchanged for now. The Fed dropped a lengthy “considerable period” pledge and said it can be patient removing accommodation as inflation stays low, while commentators noted a mixed near term for equities.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Dow Jones
Fed
Central Bank
Jack Caffrey
J.P. Morgan
Fed Holds Key Short Term Rate Steady At 45 Year Low
The Federal Reserve kept the federal funds rate at 2 percent after a two day meeting, signaling patience as the economy shows slack. Stocks fell broadly with the S P 500 down about 14 percent and the Nasdaq down 1.8 percent amid tempered investor expectations.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Alan Greenspan
Standard & Poor
Crude futures slide on heating oil losses
New York oil prices fell sharply as heating oil led declines after a volatile data week. The EIA reported U S stocks at a historic low for crude but heating fuel inventories rose year over year, easing immediate supply fears yet triggering profit taking amid oversold conditions.
MENTIONED IN THIS ARTICLE
New York
U.S
Bill
O'Grady
A.G. Edwards
St. Louis
Energy Information Administration
Tim Evans
IFK
Pegasus
Light
Sweet March
London
International Petroleum Exchange
EIA
Evans
SBDC Excel 2002 workshop offered by Lee College
The Small Business Development Center will offer a Shoul course in Excel 2002 covering data entry formulas functions and chart creation. The three hour session meets Monday from 6 to 9 p.m. The cost is 35 dollars. Call 282-425-6311 for details or registration.
MENTIONED IN THIS ARTICLE
Small Business Development Center
Lee College Continuing Education
Learn payroll and bookkeeping basics course
Scott Taylor of Taylor Bookkeeping teaches a Tuesday class on payroll setup and bookkeeping for business. It covers forms, taxes, best systems, and how job costing and financial statements impact operations. Meeting 5 to 9 p.m. in Room 236 at Acvanted Technology Center on the Lee College campus. Fee 29 dollars. Call 281-425-6311 or 1-800-621-8722 to register.
MENTIONED IN THIS ARTICLE
Scott Taylor
Taylor Bookkeeping
Acvanted Technology Center
Lee College
Access 2002 course for beginners offered
Development Center will offer an Access 2002 course for beginner and intermediate users. It teaches basics such as creating tables and reports and includes a workshop manual. Classes meet Wednesday 3 to 6 p.m. in McNulty Haddick Complex Room WOS. Registration is $35. Call 281-425-6313.
MENTIONED IN THIS ARTICLE
Small Business Development Center
McNulty Haddick
Somali Business Start-up Workshop at ATC
Learn the first steps of starting a business with Somali Business Development Center. The Thursday workshop, Feb 5–26, 6 to 9 p.m., Room 228 Advanced Technology Center, costs 40 dollars. Call 281-425-6311 or 1800-621-8722 for details.
MENTIONED IN THIS ARTICLE
Somali Business Development Center
Advanced Technology Center
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By Michael J. Martinez
The
Associated Press
Michael Sheldon
Spencer Clarke LLC
Wall Street
Sheldon
Commerce Department
NYSE
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Garth Road
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Sat & Sun
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Baytown Waive & Fitting Company
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TEXAS CAPITAL _ MANAGEMENT
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Jennifer Marcontell
Rollinghrek, Ste
Baytown, TX
Edward Jones
Stephen V. Takach
N. Alexander
Eawards
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Dai Deuber
Hayton
Lazo Simipaw
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IN the Sun
Baytown Sun
Sun
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