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Escanaba Daily Press Newspaper Archives Sep 5 2015, Page 3

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Escanaba Daily Press (Newspaper) - September 5, 2015, Escanaba, MichiganCommunity 3athe daily press Escanaba saturday sept. 5, 2015 Dave Kettering Telegraph Herald via a in this aug. 24 photo workers paint the Julien Dubuque Bridge along . 20 in Dubuque Iowa. The . Government issued the August jobs report on Friday which showed that . Unemployment fell to a seven year Low of 5.1 percent last month but hiring slowed. Economy jobless rate hits 7-year Low continued from Page 1a nevertheless the Prospect of higher interest rates weighed heavy on the Stock Market Fri Day with the Dow Jones Indus trial average plunging 272 Points or 1.7 percent. Higher rates Rise would most Likely push up borrowing costs for mortgages and other Loans for Consumers and businesses and some on Wall Street fear that could put a Damper on corporate profits and the larger Economy. The fed Cut the Short term rate it controls to a record Low of nearly Zero in december 2008 to try to stimulate growth during the great recession. For months fed officials have been saying the Economy appears to be getting Strong enough to tolerate the first increase in interest rates in a decade. They have signalled that they might raise rates at their sept. 16-17 meeting. Yet other factors have clouded those predictions lately. For one thing there Are signs that China s Economy the Sec Ond largest in the world is stumbling which could drag Down global growth. The slow Down has already caused Vio Lent swings in the financial markets that could undermine consumer Confidence. Friday s report suggested to Many economists that the . Job Market at least has Satis fied the fed s criteria. We re Well on our Way to full employment if we Aren t already there said Carl Tannenbaum chief economist at Northern Trust and a former fed official. Even the slip in hiring last month May not end up As bad As it looks. August s jobs totals Are typically revised much higher in later months because of the difficulties in adjusting the data for the end of millions of summer jobs. Also consumer spending has been healthy and has been powering Job growth at retail ers restaurants and hotels. State and local governments added 31,000 jobs in August while health care gained 40,500. Michael Kanter president and co owner of Cambridge naturals a health products store in Cambridge Massachusetts plans to add two workers to his 20-person staff to handle increased foot traffic and sales. We re seeing growth. We re seeing Opportunity. We re definitely in a hiring Mode he said. Still manufacturing Compa Nies have been stumbling amid the global headwinds. They Cut 17,000 jobs in August the most since july 2013. And there Are signs that Job growth is still not Back to full health. Hourly wage growth remains sluggish. And the pro portion of americans working or looking for work is stuck at a 38-year Low. Chris Williamson chief economist at the financial information firm markit said Friday s report provided frustratingly Little new insight into whether the fed will Start to raise a bumper payrolls num ber would have sealed the Case for higher interest rates in Many people s minds he said while a Low number would have dealt a blow to any chances of tightening of policy at the next autopsy Carlson continued from Page 1a both Cordell and Brunke will receive psychiatric evaluations to determine if they Are fit to stand trial prior to their preliminary examinations. The defens is for both men assert that their clients have a history of Depres Sion and there is a possibility of other mental illnesses. According to a police affidavit a Public court document which offered probable cause for an arrest warrant against Brunke Cordell was known by upper Peninsula substance enforcement team upset detectives to be a Runkels cocaine dealer. The three victims were also known cocaine users. In the affidavit Cordell told officers Aldrich had stolen a pc pipe containing approximately one ounce of cocaine from Brunke and that prior to the fire he had been instructed by Brunke to dispose of the girls purses and identification. An unnamed witness told offi cers she drove Cordell to the Merwin Creek Campground where he disposed of the Vic Timss belongings in the River. Cordell also claimed he had witnessed Brunke Light the bravado on fire and had Fol Lowed Brunke to the scene driving a Runkels vehicle. Brunke then allegedly drove his own vehicle Back to his Home tak ing Cordell with him and ask ing Cordell to throw Hutchin songs keys out the window on . 2 As they travelled. Carlson is not named in the affidavit. Preliminary examinations for the two surviving defendants Are scheduled in octo ber. Forecast warmer drier fall predicted continued from Page 1a As a result the new so mar Quette office believes octo berms temperatures should be about Normal for the month if not slightly cooler. It is More difficult for the news to predict specific weather patterns beyond november Zika said. That month can go either Way he said. However they do believe Al Nizo will have a major Impact on the 2015-16 win ter. Its More Likely that this Winter will be above Normal temperature Wise Zika said. P r e c i p i t a t i o n l e v e l s throughout the fall and win ter May be lower than aver age As a direct result of the weather phenomenon. The Overall pattern is one favouring it to be a Little drier than Normal Zika said. Despite this some snowfall May arrive As soon As octo ber 2015, especially after that months Halfway Point. Thatus typically around when we see our first snowflakes Zika said. Walk event returns continued from Page 1a personal stories Are always very touching said Cindy Bintner who began the walk in memory of her two sons Bobby and Josh who completed suicide 13 years apart. At 11 a.m., the run walks participants will take to the streets to display their support for those affected by suicide and depression. The run walk is non competitive but that does not mean that participants cant push their limits. Runners and walkers can choose Between two five and 10 mile routes. The Cost of registering in the run walk is $25 per person regardless of the length of the route. Children up to age 16 Are $10 per child and families of four can walk or run for $50. Additional family Mem bers Are $10 each. While the collection of pledges is optional any run ner or Walker who raises $50 or More in pledges will have their registration fees waived. All registrations include a shirt while supplies last. Any shirts remaining after the walk will be Given to school children during presentations by the Delta county suicide prevention task Force to ensure the message of Hope and awareness continues to spread. Last year the end the silence walk had about 500 participants which Bintner views As bittersweet. The increasing participation Means that More awareness and funds Are available to fight the Issue of suicide but it also is indicative of More and More people being touched by the tragedy of Sui cide. Its a lot of Healing for the people that have been involved with suicide said Bintner. Annually the event raises around $10,000, which is used by the Delta county Sui cide prevention task Force for awareness programs in the Community. The task Force was formed in 2006 in response to a plan on the state level to address the social problem of suicide and consists of local mental health professionals survivors of suicide educators and Community members. Funds raised by the end the silence walk have been applied to a number of suicide prevention projects Over the last few years including presentations to local students at Bay College and in the Delta Schoolcraft is billboards television advertisements hosting the depression awareness and suicide prevention Summit at Bay col lege and holding workshops. Right now we. Have hired an extra social worker for the Middle school and High school which is very much needed said Bintner who also serves As the treasurer for the task Force. For More information about the end the silence walk visit or Call 789-0003. Cardin s opposition to Iran Deal sets Back White House Hopes Washington a White House Hopes for Stop Ping a congressional Challenge to the Iran nuclear Deal and sparing president Barack Obama from using a veto suffered a blow Friday when a key Senate Democrat announced his opposition. The setback came in the announcement from sen. Ben Cardin of Maryland top Democrat on the foreign relations committee that he opposes the Deal which he said legitimizes Iran s nuclear pro Cardin s move does t affect the ultimate outcome for the International Accord to curb Iran s nuclear ambitions in Exchange for Relief from eco nomic sanctions. The White House already clinched the necessary Senate votes to ensure that even if Obama ends up having to veto a disapproval Resolution set for a vote next week his veto would be upheld. But with that support in hand and More piling up the White House and congressional Back ers of the Deal had begun ing for a More ambitious goal enough commitments to bottle up the disapproval Resolution in the Senate with a filibuster pre venting it from even coming to a final vote. With Cardin s announce ment that goal remains in reach but it will be tougher to attain. This is a close Call but after a lengthy review i will vote to disapprove the Deal Cardin wrote in an opinion piece in the Washington Post. After 10 to 15 years it would leave Iran with the option to produce enough enriched fuel for a nuclear weapon in a Short Cardin made his announce ment As Obama met at the White House with King Salman of saudi Arabia in part to offer assurances that the Deal signed by the ., Iran Britain France Germany China and Russia comes with the necessary resources to help Check Iran s regional ambitions. Saudi officials have cautiously supported the Deal but Are worried about enforcement and whether an iranian govern ment flush with Cash after sanctions Are lifted will wreak havoc throughout the Middle East. Before the meeting began Obama told reporters in the Oval office that the leaders would discuss implementing the Deal to ensure that Iran does not have a nuclear weapon while counteracting its destabilizing activities in the Washington

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