Five day forecast for Bluefield and Princeton area
Accu Weather calls for a warm humid period with clouds and sun and possible thunderstorms. Today highs near 78 and a 60 degree night. Tomorrow cooler with late thunderstorm chance and 76/55. Friday 74/54, Saturday 76/53, Sunday 76/55 with cooler, drier air. Record highs and lows noted for June 3.
Weather forecast highlights regional heat and storms
The Accu Weather forecast calls for clear skies for most of the nation with hot humid weather in the East. Thunderstorms or showers are expected in Texas the Midwest and the Northeast. Our area should see cooler temperatures sunshine and many thunderstorms. Regional highs include 110 in Blythe California and 25 in Gunnison Colorado.
MENTIONED IN THIS ARTICLE
Texas
Midwest
Cooler air to end Virginia heat wave this week
Weather expert David Stooksburg says a cold front will push into Virginia Wednesday bringing thunderstorms and cooler, drier air. The heat wave that sent schools home and pushed 90s into July highs should ease Thursday and Friday with more comfortable conditions across the state.
MENTIONED IN THIS ARTICLE
Stooksburg
Piedmont
Tidewater
Veena
Gulf of Mexico
Virginia
Washington, D.C
Atlantic Coast
Boston
D.C
Pennington Gap
Greenspan mixed reception abroad as Fed pick stirs markets
London and other capitals reacted coolly to President Reagan’s choice of Alan Greenspan to replace Paul Volcker as Fed chair. European officials voiced surprise and doubts about Greenspan’s stature, while markets swung with stocks and bonds plunging and metals rising. Some praised his Wall Street respect, others questioned his experience, as officials signaled possible policy continuity but warned inflation risk remains a concern.
MENTIONED IN THIS ARTICLE
London
Reagan
Alan Greenspan
Paul Vo Icker
Federal Reserve
Greenspan
Volcker
Bill Martin
Phillips and Drew
Britain
Treasury
Nigel Lawson
Martin
Wall Street
Michael Osborne
The
Kleinwort Grieveson Ltd
Osborne
Bonn
Gerhard Stoltenberg
U.S
Fed
Deutsche Bundesbank
Welcker
Bundesbank
Paris
Tokyo
Shigeo Kurobayashi
International Economic Research Center
United States
Federal Reserve Money Flow and Policy Functions
Washington AP summarizes how the Federal Reserve uses open market operations to manage the money supply. Purchases inject reserves into banks, boosting lending and lowering rates, while sales tighten funds. The Fed also guides rates via the discount rate charged on loans to institutions.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve System
Fed
Evacuation After Ohio Chemical Tank Spill
A hazmat tank truck overturned on I-70 near I-77 in Cambridge Ohio releasing phosphorus trichloride fumes. More than 2,000 residents evacuated. 18 treated at Guernsey Memorial Hospital, including six firefighters and three officers. one firefighter admitted in fair condition. Fire extinguished by 8 a.m.. cleanup and partial lane reopenings followed. authorities warned fumes could be poisonous if inhaled.
MENTIONED IN THIS ARTICLE
Cambridge
Ohio
Guernsey Memorial Hospital
Bill Coffey
Rhonda Hagans
Allan Franks
Ohio Environmental Protection Agency
Franks
Highway Patrol
Mike Quinn
Volcker’s steady hand praised as Fed chair ends eight-year run
In New York and Washington circles, Paul A. Volcker is lauded for taming double-digit inflation and boosting the dollar during his eight years as chair of the Federal Reserve Board. Appointed in 1979 by President Carter, he slowed money growth and credit, helping sustain a long peacetime expansion and strengthening financial markets. The piece notes Volcker, aged 59, and highlights his impact on monetary policy and economic stability.
MENTIONED IN THIS ARTICLE
New York
Paul A. Volcker
Federal Reserve Board
Volcker
Central Bank
U.S
Jimmy Carter
Fed
Senate approves near ten billion dollar 1987 supplemental
Senate passes a 9.7 billion fiscal 1987 supplemental spending bill after waiving the budget 64 to 32. The measure funds agriculture via the Commodity Credit Corporation, adds AIDS testing for all immigrants by Aug 31, and includes raises for federal workers and military pay. The bill goes beyond self-imposed limits despite objections from Sen Gramm who urged trimming nonessential items.
MENTIONED IN THIS ARTICLE
Washington
Senate
Phil Gramm
Texas
Poland
Gramm
Bennett Johnston
D-La
Johnston
Reagan
House
Alan Simpson
R-Wyo
Congressional
Commodity Credit Corporation
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Wchériessé
Virginias
Bluefield
Princeton
Caline
Gunnison
Colo
Blythe, Calif
Ihane
Lo Pre Albuquerque
Atlanta
Charleston
S.C
W.va
Charlotte
N.C
Cincinnati
Cleveland
Columbia
Dallas-Ft Worth
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Richmond
San Diego
San Francisco
Washington,d.c
Washington Street
R.C
Moon” Mullins
Price
Utah
Joy
Mullins
Bluefield State College
Ron McCurry
Meadow Lands
U.S. Farm
Commodity Credit Corp
Graue Graphic