Town eyeing Wal-Mart area with new shops and restaurants
City official King described plans to add about 20 businesses at the College Avenue Plaza area plus three new restaurants and a Home Depot relocation from the current Wal-Mart site. He noted two or three businesses may move to Ridgeview Plaza while leases rise slightly at the new center and traffic improvements are planned.
MENTIONED IN THIS ARTICLE
Wal-Mart
King
Goodys
College Avenue Plaza
Ridgeview Plaza
Home Depot
National Hardware and Home Furnishing Chain
Bluefield
Elks Club
Commerce Drive
Recess and breaks in Mercer County schools
Hodock argues for breaks as essential in education. Dr. Anne Seaver notes state guidelines govern instructional minutes while schools weave extra activities and breaks into the day. Elementary students receive about 15 minutes of free play or supervised games with supervision.
MENTIONED IN THIS ARTICLE
Hodock
Anne Seaver
Mercer County Schools
Seaver
Fed signals more rate cuts as banks follow with cut
Economists say the Fed signaled readiness to cut rates further at the June meeting amid talk of avoiding a recession. Banks quickly lowered their prime rate from 7.5 to 7 percent, the lowest since April 1994, while stocks held steady after a modest Dow drop.
MENTIONED IN THIS ARTICLE
Fed
David Wyss
Standard & Poor’s
New York
Greenspan
Federal Reserve
Fed cuts rates sharply in surprise half point move
Mike Wood says most analysts expected a rate cut but not so large as the-.5 percentage point reduction. The Fed trimmed both the Fed Funds and Discount rates amid weakening economy, boosting consumers and lifting stocks, though credit card rates remain unchanged. Wood notes potential another half-point cut by summer.
MENTIONED IN THIS ARTICLE
Mike Wood
Wood
Fed
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