Wall Street Starts August With Broad Rally
The Dow rose 208.44 to 10,674.38, the S&P 500 gained 24.26 to 1,125.86, and the Nasdaq climbed 40.66 to 2,295.36 as global recovery optimism grows. The Treasury says 5.6 million jobs were added under a new tax break program, though impact estimates are unclear. The March law waives payroll tax for unemployed hires through December, with an extra $1,000 credit if new workers stay a year.
MENTIONED IN THIS ARTICLE
Standard & Poor
Treasury Department
McCurry shoots final Kodachrome roll scenes in New York
Steve McCurry entrusted with the last manufactured Kodachrome roll photographed iconic views of the Brooklyn Bridge and New York's Central Terminal. He previously photographed a green eyed Afghan refugee girl for National Geographic in 1984 and this year documented a disappearing nomadic tribe in India, mirroring Kodachrome's end.
MENTIONED IN THIS ARTICLE
Steve McCurry
Brooklyn Bridge
New York
Oe Central
McCurry
Asia
National Geographic
India
Iowa index hints at continued economic growth
The Iowa Leading Indicators Index rose 0.7 percent in June, up from May's 0.6 percent, signaling ongoing economic improvement. Six of eight indicators contributed positively including new orders, unemployment insurance claims, manufacturing hours, the Iowa stock index, agricultural futures, and diesel fuel use.
MENTIONED IN THIS ARTICLE
Iowa
Iowa Department of Revenue
Oil tops 81 dollars as markets rally
Oil prices rose above 81 dollars a barrel on Monday amid stronger manufacturing data in the United States and Europe and a stock market rally. The gains, led by the benchmark crude for September delivery, hint at higher pump prices in the weeks ahead.
MENTIONED IN THIS ARTICLE
United States
Europe
IowaWorks Center Opens at Lindale Mall in Cedar Rapids
IowaWorks Center at Lindale Mall opened with a rush of job seekers and unemployment filers. The 30,000 square foot site will employ about 70 staff, including Kirkwood Community College staff.
MENTIONED IN THIS ARTICLE
Dave DeWitte
de Gazette
Cedar Rapids
IowaWorks Center
Lindale Mall
Seventh St. SE
Mercy Medical Center
Carlos Vega
Lindale
Kirkwood Community College
Workforce Investment Act
Iowa
Edison 401(k) Fees Ruled Excessive In Federal Case
A federal judge ruled Edison International 401(k) fees were excessive, allowing employees to seek overcharges. The 82 page decision criticized Edison for not negotiating lower fund prices, a ruling that could impact other suits against major employers over retirement plan costs.
MENTIONED IN THIS ARTICLE
Los Angeles Times
OS Angeles
Edison International
Stephen Wilson
Rosemead
Calif
Edison
U.S
Wal-Mart Stores Inc
Fred Reish
Reish & Reicher
Los Angeles
Fred Suhadolc
Jerome Schlichter
St. Louis
Labor Department
Os Angeles Times
Southern California Edison
Laguna Beach
Iowa crops largely hold steady amid continued wet conditions
Iowa crops stayed mostly in good condition despite ongoing summer rains. Officials noted field work remains challenging in poorly drained areas while drought-resistant hillsides and well drained land stay healthy.
MENTIONED IN THIS ARTICLE
Lowa
Iowa
Bill Northey
Northey
U.S. Department of Ag
Ruhl & Ruhl reports higher area home sales in first half 2010
Davenport based firm says real estate sales rose 29 percent in Cedar Rapids, 22 percent in Iowa City Coralville, 21 percent in Dubuque and Quad Cities during the first six months. They credit front loading due to the federal tax credit and note a potential slower second half.
MENTIONED IN THIS ARTICLE
Ruhl & Ruhl
Also Mentioned on This Page
Wall Street
LABOR
Brooklyn
Associated Press, Gazette
Vega
Westdale
Kirkwood Resource Center
Marion
David
Dewitte
Gazcomm
the Gazette
Walter Hamilton
Suhadolc
Suhadole
Illinois
Riculture
Ruhl & Ruhl Sales Associates
George
Ford
Gazcomm.com
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