Wall Street slips as dollar strengthens and rates rise
Stocks fell after a week of mixed trading as the dollar rose and demand for safe government debt increased. The Dow dropped to 10,318.16, down 0.1 percent, with the S P 500 at 1,091.38 and Nasdaq at 2,146.04. For the week the Dow rose modestly while the S P 500 and Nasdaq posted small declines. November shows gains for all three averages, led by the Dow.
MENTIONED IN THIS ARTICLE
Standard & Poor
Air travel chart overrates losses at Eastern Iowa airport
A USA Today chart misrepresents seat capacity loss at The Eastern Iowa Airport by omitting Allegiant Air data. The chart shows 23.6 percent fewer seats than November 2007, but actual figures indicate an 11.2 percent drop since 2007 peak. Allegiant accounts for about 18 percent of flights and does not report to the Official Airline Guide.
MENTIONED IN THIS ARTICLE
USA Today
Iowa
Las Vegas
My Chiro opens third office in Coralville
My Chiro expands in Corridor area with a third clinic at 1711 Second St Coralville joining Cedar Rapids locations. The practice does not accept insurance and charges a flat fee per visit. Contact Dr Bruce Weisbein at 8197218728 or bruce mychirowalkin.com for details.
MENTIONED IN THIS ARTICLE
My Chiro
Cedar Rapids
Coralville
Second St
Bruce Weisbein
Bruce
Mychirowalkin
Oil dips as December oil settles lower and gas climbs
Benchmark crude fell 0.74 to end at 76.72 a barrel on the last trading day of the December contract. Retail gas prices rose for the third straight day to a national average of 2.642 dollars per gallon, per AAA Gazette and the Associated Press.
MENTIONED IN THIS ARTICLE
Auto Club Aaa
Gazette
Associated Press
Iowa jobless rate rises in October in Iowa City report
The October unemployment rate climbed to 6.7 percent, the same as September’s revised figure, with 1,573,400 Iowans employed. Services added 2,300 jobs, manufacturing gained 500, while construction fell by 500. Education and health care produced 9,000 jobs, including 1,300 in health care, but analysts say recovery remains slow.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Iowa
Elisabeth Buck
Ber
Christine Ralston
Iowa Policy Project
Iowa City
Ralston
Winter buyers boost expected as tax credit widens
Home shoppers may accelerate in the fourth quarter due to an extended first time buyer tax credit and expanded eligibility. The credit now equals 10 percent of the home price up to 8000 for first timers and 6500 for repeat buyers with contracts by April 30 and closing by June 30. Experts forecast incremental sales with first timers led gains and move up buyers showing some impact but smaller.
MENTIONED IN THIS ARTICLE
Amy Hoak McClatchy
Hicago
Heather Fernandez
Trulia.com
Carolyn Warren
Seattle
Warren
Campbell
Inside Mortgage Finance
Thomas
Popik
Campbell Surveys
Pat Lashinsky
ZipRealty
AFA
Mayfield Heights
Ohio
Whirlpool lays off 33 at Middle Amana plant
Whirlpool Corp laid off 33 workers at its Middle Amana refrigerator plant with notices issued Friday and layoffs taking effect Wednesday. Machinists Local 831 confirmed the move saying restructuring of a production line prompted the cuts. Laid-off workers kept the holiday turkey gifts they would have received next week.
MENTIONED IN THIS ARTICLE
Whirlpool
Amana
The
Gazette Middle Amana Whirlpool Corp
Middle Amana
Middle
United Fire elects Evans as chairman
Cedar Rapids United Fire named Jack Evans chair, replacing the late Scott McIntyre Jr. Evans, interim chair, has long ties to Cedar Rapids as Hall Perrine Foundation president and joined United Fire’s board in 1995. John Rife was elected vice chairman and James Noyce became a new independent director on the audit committee.
MENTIONED IN THIS ARTICLE
George C. Ford
The
Gazette
Cedar Rapids
Jack Evans
Hall-Perrine Foundation
United Fire & Casualty Co
John Rife
United Fire Board
Rife
United Fire
United Life Insurance Co
James Noyce
Drake University Athletics
Des Moines
Noyce
U.S
Jim Leach
National Endowment For the Humanities
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Wall Street
AIR Travel
Towa
David.dewitte
Gazcomm.com
Kirkwood Community College
Mr Atul
Evans
Georgeford
Jack Evans United Fire Chairman
John Rife United Fire Vice