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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 26, 2013
Page
11
The Dow Jones shows 14,760 with a 1 week drop of 3.64 percent and a 3 month gain of 1.38 percent. This reflects a short term decline against a modest longer term uptick.
A 74-year-old man questions whether to surrender a $40,000 life policy with $13,000 to $14,100 cash value vs keeping it. Advisor warns the death benefit may be unnecessary if no dependents exist and favors evaluating needs over speculative future value. Consider reallocating funds to investments or tax deferred options.
Cedar Rapids City Council approves Mayor Ron Corbett’s nomination of Marcia Rogers to the Cedar Rapids Airport Commission to fill a seat vacated by Dee Baird. Rogers begins a three year term July 1 and joins chair Carroll Reasoner and colleagues Pat Baird Tom Hobson and Josh Schamberger. Rogers holds multiple roles including Smart Vote Services principal and serves on state and local boards.
U S new single family home sales rose 2.1 percent in May to a seasonally adjusted annual rate of 476000, the highest since July 2008. The gain marked a third straight month of increases as economists expected 462000.
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