Wall Street Gains Ground on Economic Recovery Hopes
Stocks rose with the Dow at 10,185.53 up 118.20 points and the S&P 500 at 1,089.19 up 15.32 as manufacturing activity in January reached its strongest level since 2004. The ISM index stood at 58.4 with six straight months of expansion and higher new orders.
MENTIONED IN THIS ARTICLE
Standard & Poor
America
Institute For Supply Management
Thomson Reuters
Obama seeks SEC budget boost for enforcement growth
President Barack Obama requests nearly 1.3 billion for the Securities and Exchange Commission starting October 1, a 12 percent rise to expand staff to 4190 and add 100 enforcement positions to tackle fraud and market manipulation after Madoff losses. Gannett posts a quarterly profit as one time costs fall and ad declines ease, yet shares drop about 8 percent.
MENTIONED IN THIS ARTICLE
Barack Obama
Securities and Exchange Commission
Congress
SEC
Bernard Madoff
Gannett Co
U.S
Gannett
Wall Street
Improving Iowa economy shown in December indicators
The Iowa Leading Indicators Index rose to 95.8 in December from 95.1 in November, marking the third consecutive monthly gain. All eight components aided the rise, including manufacturing hours, new orders, stock market index, housing permits, unemployment claims, yield spread, diesel use, and agricultural futures.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Iowa
Treasury
Iowa Department of Revenue Gazette Graphic
Iowa Leading Indicators Index Outlines Forecast Method
The Iowa Leading Indicators Index is described as a tool to forecast the likely future direction of economic activity in Iowa. The construction methods mirror The Conference Board’s approach to the national Leading Economic Indicators Index, with contact information for George Ford.
MENTIONED IN THIS ARTICLE
Iowa
Conference Board
Debt-collection giant Mann Bracken collapses amid arbitration ties
The Rockville based firm Mann Bracken ceases operations as Maryland judges dismiss thousands of cases. Linked to the National Arbitration Forum and hedge fund Accretive, the firm faced a collapsing arbitration system and a $10 million debt from its Axiant unit. The episode highlights risk in the booming debt-collection industry during the crisis.
MENTIONED IN THIS ARTICLE
Baltimore Sun Altimore
Rockville
Axiant
Minnesota
Lori Swanson
Congress
Arbitration
Mann Bracken
National Arbitration Forum
Cedar Rapids health care model eyed for federal grant
Cedar Rapids health care providers seek a $20 million federal Beacon grant to create a health care information exchange allowing sharing across hospitals and clinics. St. Luke's CEO Ted Townsend Mercy Medical Center CEO Tim Charles and Physicians' Clinic of Iowa CMO Jim Levett spoke at Downtown Rotary about the effort amid a nationally noted cost study praising local cooperation.
MENTIONED IN THIS ARTICLE
Gazette
Cedar Rapids
St. Luke’s Hospital
Ted Townsend
Tim Charles
Mercy Medical Center
Jim Levett
Physicians’ Clinic of Iowa
Rotary
Charles
U.S. Department of Health and Human Services
U.S
Dartmouth Institute and
Institute For Healthcare Improvement
United States
Institute
Donald Berwick
Townsend
Also Mentioned on This Page
Obama
Associated Press
George
Ford
Gazcomm.com
G.R
David Dewitte