CDs Move Into Fund Spotlight Amid Higher Rates
The article notes a shift toward conservative investments as one year CDs rise to about 5.2 percent. Banks report inflows since March with laddering strategies promoted by European American Bank in Uniondale. Top rate CDs include First Deposit National Bank, AFBA Industrial Bank, MBNA America, and Key Bank USA with several thousand dollar minimums.
MENTIONED IN THIS ARTICLE
North Palm Beach
Fla
R. Christopher Kirk
NationsBank
Thomas Kelley
First National Bank of Chicago
Kirk
Uniondale
N.Y
James Kerr
EAB
First Deposit National Bank
New Hampshire
Afba Industrial Bank
Colorado
Mbna America
Delaware
Key Bank USA
New York
Interest rate hikes slow growth say NABE forecasters
Washington based NABE reports 47 economists expect 1995 growth at 2.7 percent, down from 3.8 percent this year, with inflation held in check by labor costs and gradual wage gains. They foresee GDP rising about 2.5 percent annually 1995 through 1999, and unemployment easing to about 5.8 percent in 1995. The forecast notes the impact of 10 months of rate increases and a current transition quarter slowing to 2.8 percent, with housing and business investment softening.
MENTIONED IN THIS ARTICLE
Washington
National Association of Business Economists
NABE
United States
Federal Reserve
Association
Dole backs GATT with caveats amid Kansas views
Senate leader Bob Dole backs the 123 nation General Agreement on Tariffs and Trade while Kansas lawmakers show mixed support. Rep Pat Roberts and Rep Jan Meyers signal approval, Rep Jim Slattery undecided, Rep Dan Glickman opposed. Dole seeks 60 Senate votes and aims to protect sovereignty with WTO oversight, while pressing agricultural subsidies protections.
MENTIONED IN THIS ARTICLE
Washington
Senate
Bob Dole
Kansas
House
Pat Roberts
Jan Meyers
Jim Slattery
Dan Glickman
Nancy Kassebaum
Dole
Clinton
Gatt
U.S
Ross Perot
Dole-Clinton
United States
World Trade Organization
ABC
Meyers
Congress
WTO
Perot
Wichita
Judy Olson
National Association of Wheat
White House
Glickman
Slattery
Astor Universal to Open 47000-Square-Foot Facility in Douglas County
Lawrence hosts a breakfast signaling months of work to bring Astor Universal and its 42 high paying jobs to town. The company will open an East Hills Business Park facility in August with hiring starting in May, amid chatter of a broader industrial revival since 1988.
MENTIONED IN THIS ARTICLE
Lawrence
Debi Moore
Lawrence Chamber of Commerce
Astor Universal
Douglas County
UARCO
Communicator
Moore
Golf Course Superintendents of America
East Hills
Nonferrous metal price bulletin from New York spot markets
Tuesday spot quotes across aluminum copper lead zinc tin and precious metals from New York and London exchanges with daily Handy and Harman quotes for gold and silver. Interbank rates shown and Commerce Bank of Kansas City provides contact info for more data.
MENTIONED IN THIS ARTICLE
New York
London
U.S
Handy & Harman
Comex
N.Y
Commerce Bank of
Kansas City
N.A
Commerce Bank
Stocks of local interest in Saturday Journal-World
Local market wrapup preview notes stocks of local interest and invites readers to see Saturday Journal-World for the complete market wrapup.
MENTIONED IN THIS ARTICLE
Journal-World
NPC
Office Depot
O'Reilly Auto
JC Penney
Pepsie
Sallie Mae
Santa Fe
Sealright
Ond
Sears
Trinava
Wal-Mart
Western Car
Williams
Edward D. Jones & Co
Also Mentioned on This Page
Jane Bryant Quinn
Gatt Not Universal
Hallmark
CompuServe Mall
Hallmark Cards Inc
CompuServe
Hallmark Connections
Prodigy
Dallas
Hallmark Cards
Mark Schwab
Schwab
Hollywood Dream Team
A&c
Hollywood
Steven Spielberg
Walt Disney Co
Jeffrey Katzenberg
David Geffen
Capital Cities
ABC Inc
ABC Television
Midland
Omaha Livestock
Oman
Nzn
USA
Omiatia
St. Joseph Livestock
St. Joseph
Dodge City Livestock
Depue City
Canada
France
Germany
Great Britain
Japan
Mexico
AlliedSt
Applebee
Buckle Inc
Casey's
Dayton-Hudero
Goodyear
Hercule
Kmart
Kroger
Merck
The
Shaw Industries
America
Stanley Steemer
Somar
ADT
ADT Security Systems
Otter
Aeates
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