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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jan 29, 2011

Page

10

Light sweet crude settles at eighty nine forty nine

Oil markets show light, sweet crude ending the session at 89.49 dollars per barrel. Traders noted modest gains amid mixed economic signals as inventories and demand expectations influenced pricing.

World markets fall as Egypt protests rattle investors

Escalating protests in Egypt spurred a risk-off move by investors. Stocks declined worldwide while Treasurys and gold rose, the dollar strengthened, and the Egyptian government deployed forces amid curfews and internet outages. Dow sank 166.13 points. Nasdaq dropped 68.39.

New York Egypt Hosni Mubarak Middle East Jeffrey Frankel Stuart Frankel & Co Treasury Doug Godine Signal Hill Procter & Gamble DuPont Dow Standard & Poor

Energetic U.S. consumers push economy to growth

The Commerce Department says the economy grew at an annual 3.2 percent in Q4 2010 amid strong consumer spending, while unemployment stood at 9.4 percent. Analysts foresee 2011 may hinge on sustained consumer demand as stimulus fades, with wages rising modestly and savings slipping.

U.S Commerce Department Sara Lee Corp Sara Lee Jimmy Dean Hillshire Farms Washington Sung Won Sohn California State University Jim O'Sullivan MF Global Associated Press Labor Department Barack Obama Mark Zandi Moody’s Analytics

Legislation Seeks Federal Reimbursement for Local Police

Tennessee Rep Phil Roe introduces a bill to reimburse local police for security at official congressional events. The plan creates a Capitol Police account with up to 10 million dollars annually, allocating about 23000 dollars per member if funds are evenly distributed, with officer presence requirements and prior written approval.

Washington Tennessee Gabrielle Giffords Arizona Tucson Ariz Congress Phil Roe R-Tenn Roe America U.S. Capitol

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