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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 13, 2002
Page
11
A dense OCR fragment lists multiple mutual funds and accounts from various fund families including Vanguard, Putnam, Fidelity, MFS, and American Funds. It references fund categories such as growth, balanced, international, and bond funds, with scattered figures and performance-like numbers interspersed.
Treasury Secretary Paul ONeill told The Associated Press that the U.S. economy should avoid a recession amid stock market volatility and consumer confidence fluctuations. He cited solid fundamentals, noted calm among people he speaks with, and downplayed concerns of a double dip. The remarks precede a Bush summit on the economy as lawmakers debate policy.
Rumors that the Cumberland Road Kmart in Bluefield would close on January 1, 2003 are unfounded officials say. Kmart spokesperson Steven Pagnani states no plans to close any more stores this year and that the company announces closings 60 days in advance.
The Agriculture Department lowers forecasts as drought hurts corn, soybean, cotton, and wheat output. 2002 corn production seen at 8.89 billion bushels, down 7 percent from last year and the weakest since 1995. Soybeans down 9 percent to 2.63 billion bushels. wheat off 14 percent to 1.69 billion. cotton at 18.4 million bales.
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