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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 03, 2000

Page

5

World coffee prices set to climb and producer power rises

World coffee prices are expected to rise as 75 percent of output nations back a price support pact and others agree to limit exports. Brazil, the pivotal producer, anchors the plan while ACPC members prepare output restrictions to take effect in October. Brazil's harvest range is 30 to 40 million of 132-pound bags from an annual 105 million.

Organization of Petroleum Exporting Countries OPEC Association of Coffee Producing Countries ACPC London Brazil

Unemployment up May job losses curb Fed rate hopes

The May unemployment rate climbed to 4.1 percent as businesses cut 116 000 jobs the largest drop in nine years. Government Census hiring offset private sector declines boosting hopes that the Fed may pause rate hikes. Analysts warn one month does not indicate a trend.

Washington Wall Street Federal Reserve Mark Zandi RFA Dismal Sciences West Chester Labor Department Clinton al Gore Fed National Association of Manufacturers Eeene Jerzy Jasinowski Bruce Steinberg Merrill Lynch New York

Nasdaq posts best week in history as tech stocks rally

Nasdaq composites surge 6.4 percent to 3813.38 lifting week gain to 19 percent. Dow up 4.8 percent and S&P 500 climbs as labor data eased inflation fears, unemployment at 4.1 percent and May earnings growth slows to 0.1 percent.

New York Dow Standard & Poor Wall Street Alan Ackerman

Online book purchases nearly triple in 1999

The 1999 Consumer Research Study on Book Purchasing shows adult online book sales nearly tripling from 1998 to 1999, surpassing 50 million books. Internet share rose from 1.9 percent to 5.4 percent, while traditional bricks and mortar channels declined. Independent and chain sellers lose share. reference sales drop as more readers turn to online sources.

Chicago Barrie Rappaport NPD Group Inc Rosemont NPD Rappaport Lauriat’s Crown Books

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