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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
May 24, 2000
Page
5
Ron Campbell Investment Planning and Raymond James Financial Services provide market quotes for the edition. Contact numbers listed are (304) 325-7334. The note reflects NASD and SIPC membership.
Washington AP reports new $5 and $10 notes featuring larger off center portraits of Abraham Lincoln and Alexander Hamilton debut to thwart counterfeiters. Banks will ship, but many people may not see them immediately as older notes remain legal tender and are recirculated. The transition relies on readibility by vending machines and continued cooperation with the Treasury.
The Nasdaq composite fell 199.52 points to 3164.29 on Tuesday, its lowest close since November 1999, erasing most gains as rising interest rates scare buyers. The Dow slipped 120.28 to 10422.27 while tech names like Cisco Systems Intel Oracle and online firms including Amazon and eBay led declines amid weak volume.
New York based Astrologers Fund led by Henry Weingarten pursues bank backing to launch a full mutual fund using astrological forecasts alongside traditional methods. He cites a 1987 U.S. stock crash prediction and notes rivals like Buffett, Robertson, Soros faced tech stock volatility, urging consideration of nontraditional methods.
In a strong economy, many workers drift into temp and contract roles with uncertain security. Michael Dunn, after 19 years in oil, shifts from layoffs to a Chicago desk job, while Microsoft contractor Peter Salame joins a wave of 10,000 perma-temp workers seeking equity benefits. A National Alliance cites seven in ten employers replacing permanent staff with temps, with six in ten employers planning growth in contingent staffing over five years.
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