Week Ahead in Markets Faces Sharp Q4 Contraction and Big Divest
Markets reel after a sharper than expected Q4 contraction and General Electric cuts its quarterly dividend by 68 percent. The week features Treasury auctions, ISM and Commerce data on income and spending, and earnings for Pearson ISC AutoZone Chico’s Isle of Capri Brown Shoe Coldwater Creek PetSmart and Freddie Mac. Government data include jobless claims and consumer credit with February unemployment and January credit figures due.
MENTIONED IN THIS ARTICLE
Tiday
General Electric
Treasury
Institute For Supply Management Today
Commerce Department
Pearson PLC
Cedar Rapids
Coralville
Iowa City
Isle of Capri
National Association of Realtors
Institute For Supply Management
Brown Shoe Company Inc
Famous Footwear
Coldwater Creek
E PetSmart
Labor Department
Freddie Mac
Mortgage Finance Company
Federal Reserve
Allegiant Airways and travel sites referenced in notice
A fragment mentions Allegiant Air and several travel portals including OHEAP FARES, Cheap fares, and Priceline alongside common email domains used in notices. The context suggests a generic listing of travel service names rather than a full article event. No clear incident or action is described.
Jeff Nock on leadership and early retail lessons
Jeff Nock of Goodwill of the Heartland in Iowa City discusses his first job at Foot Locker, the value of relationship building, and guiding principles. He highlights family, faith in Jesus Christ, community service, and a five year outlook focused on continuing to lead in Cedar Rapids Iowa City Corridor.
MENTIONED IN THIS ARTICLE
Footlocker
Jeff Nock
Goodwill of the Heartland
Iowa City
Shannon
Bailey
Brynne
Brooklynne
University of Iowa
University of Colorado
Shelter House
Cedar Rapids
Confusion over COBRA aid in stimulus bill grows
The Obama administration moved to include a COBRA health insurance safety net for laid off workers in the stimulus package but has not issued full guidance to employers. With 65 percent premium relief for nine months for those laid off since September, many workers may wait months for benefits as Labor and IRS implement rules. Cassandra Kelsey, 55, says she cannot afford the $550 COBRA premium and relies on disability aids while seeking coverage.
MENTIONED IN THIS ARTICLE
Washington
Obama
Heath Weems
National Association of Manufacturers
Cassandra Kelsey
District of Columbia
Verizon
Kelsey
D.C
White House
IRS
Labor Department
Ron Pollack
Families USA
COBRA costs loom for unemployed workers as stimulus aid delays
Kelsey, facing COBRA bills, fears she cannot wait for reduced premiums though the stimulus bill allows savings. Officials say fast action is hindered by unclear terms on eligibility and retroactive reimbursements. Experts warn millions may still be unable to afford coverage despite lower rates.
States' budget woes endure beyond the recession
States face multi year budget gaps even after 135 billion in federal aid. Analysts warn that deficits could reach 120 billion nationwide in 2011 and persist into 2013 without substantial spending cuts or tax increases. Low tax intake and rising expenses deepen education cuts and layoffs.
MENTIONED IN THIS ARTICLE
Associated Press
Rockefeller Institute
Albany
N.Y
James Diffley
Global Insight
U.S
Diffley
Federal Reserve
Ben Bernanke
Congress
Mark Witner
Wachovia
Also Mentioned on This Page
AutoZone Inc
Chico’s Fas Inc
Iowa
George Ford
the Gazette
Boston
United
Denver
American Cedar Rapids
Houston
Delta
Jacksonville
Las Vegas
Allegiant
Tampa Bay
Northwest Washington
Www
Allegiantair.com
Wwoheapfares.com
S.c
Hotmail.com
Priceline.com
Jesus Christ
Goodwill
The
Heartland
Internal Revenue Service
COBRA
Doi.gov
Ebsa
Ralph Palmer
Array Center
Ar Jay Center
Arjay
Council Street
Melissa Heinrich
Nancy Sickelka
29Th St. NE
GazetteOnline.com
the Gazettegazetteonline.com
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