Greenspan reassures markets as inflation eases bets
In testimony before Congress Greenspan said near term inflation not a major worry though Fed would act if needed. Investors cheered as CPI rose 0.6 percent in May, core CPI up 0.2 percent, Dow up 0.4 percent to 10,380.43, S&P 500 at 1,132.00, Nasdaq 1,995.60 amid profit taking.
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Deadline set for farm conservation grants July 9
Charleston WV July 9 marks the deadline for applying to the federal Agricultural Management Assistance program in West Virginia. Applicants may submit at USDA Service Centers statewide with early action encouraged as the review period ends. The program supports organic and truck crop farming, woodland road reclamation and erosion reduction, aiding niche and smaller producers.
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TRT Holdings to buy Gold's Gym from Brockway Moran
TRT Holdings said it signed a deal to acquire Gold's Gym from Brockway Moran & Partners. The Los Angeles Times cited a sale value around 160 million dollars. CFO Terrell Philen said the Irving, Texas company plans to expand by building and purchasing new locations for its 550-store chain.
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