Economy stumbles as growth slows amid weak spring data
Washington reports the economy expanded at a meager 1.6 percent annual pace in spring, lower than the 2.4 percent initial estimate. Fed Chair Ben Bernanke signaled readiness to act to prevent a second recession while cautioning on timing. Analysts warn yearlong growth may stay slow, jobless rate at 9.5 percent, and housing and manufacturing cool. Dow up 164 points to above 10,000 as markets rally on Bernanke remarks.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Ben Bernanke
Fed
Ethan Harris
Bank of America
Merrill Lynch
Bernanke
Jackson Hole Wye
Devel
Central Bank
Zach Pandl
Nomura Securities
Wall Street
Intel
Garden City hosts hot air balloon classic weekend kickoff
Balloon enthusiasts gather for the Garden City Hot Air Balloon Classic as pilots share stories and plans for lift off. Darlene Kinglsey and pilot husband Kiman Kinglsey enjoy conversations with fellow balloonists while Diana Stroup of Silver Lake promises a show for locals. Michael Glen of Phoenix, the world’s only licensed paraplegic balloon pilot, speaks to students about chasing dreams at local elementary schools. Roxanne Morgan notes pilots may launch Saturday morning with support from Finney County tourism.
MENTIONED IN THIS ARTICLE
Garden City
Darlene Kinglsey
Kiman Kinglsey
Miller
Darlene
Albuquerque
Jennie Wilson
Georgia Matthews
Michael Glen
Phoenix
Christopher
Dana Reeve
Glen
Bill Glen
Roswell
N.M
Roxanne Morgan
Finney County
Royce and
Debbie Miller
Finney County Fairgrounds
U S birth rate falls to new low in a century
The National Center for Health Statistics reports births fell 2.6 percent last year despite population growth, marking the second year of decline since the 2007 recession. Demographer Stephanie Ventura notes a broad monthly downward trend.
MENTIONED IN THIS ARTICLE
U.S
National Center For Health Statistics
Stephanie Ventura
Scientists crack wheat genetic code landmark discovery
London AP reports British scientists decoded the genetic sequence of wheat, one of the world's oldest crops, posting the genome to the Internet to aid climate resilience, disease resistance, and growing populations. Nick Talbot called the Wheat genome the holy grail of plant genomes.
MENTIONED IN THIS ARTICLE
London
Nick Talbot
University of Exeter
Also Mentioned on This Page
Ameeree
LCA
Diana Stroup
Silver Lake
Bond
Health
Annie
Kcctcr
Booy
W. Jones Ave