Rate hike sends stocks plunging on Fed move
The Federal Reserve raised the federal funds rate to 3.25 percent from 3.0 percent triggering the sharpest stock market drop in over two years. The Dow fell 96.24 points to 3,871.42, reducing gains and signaling tighter liquidity as analysts warn of higher consumer borrowing costs and a cooling recovery.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
New York Stock Exchange
Dow
Federal
David Shulman
Salomon Brothers
Fed
Nariman Behravesh
DRI
McGraw Hill
Alan Greenspan
Ryan signs boost tickets for Cardinals fans cheer
Ticket sales surged after Buddy Ryan announcement as Tribune writer Buddyball scored first points Fri. Calls overloaded Cardinals circuits as fans from Avondale and Peoria bought season tickets, with Joe Rhein noting strong impact and optimism of playoffs.
MENTIONED IN THIS ARTICLE
Dave Cruz
Tribune
Mark Spendiey
Sun Devil Stadium
Tempe
Cardinals
Joe Rhein
Buddyball
Rhein
Ryan
Joe Harris
Avondale
Lloyd Johnson
Peoria
Buddy Ryan
Harris
Joe Bugel
Court seizes ex judge's documents in Tempe probe
The Arizona Supreme Court sealed administrative files of former Tempe City Court Judge Stephen Mirretti and posted guards around his office after weeks of criticism of the Tempe Municipal Court. Mirretti resigned Thursday citing health reasons and will not be allowed on the premises as officials seek a replacement. The probe followed allegations reported to the Attorney General's Office about possible irregularities in the court's operations.
MENTIONED IN THIS ARTICLE
Arizona Supreme Court
Tempe City
Stephen Mirretti
Mirretti
Tempe
Arizona Attorney General
Supreme Court
Mir
Terry Zerkle
Zerkle
Rose
Attorney General’s
Vietnam Trade Ban Eased Brings Cautious Hope
Gilbert dentist Thai Dang, a Vietnamese American, sees new opportunities as the United States lifts the trade embargo on Vietnam. He notes lingering issues such as MIAs and communist policies, but believes improved ties could help both nations. Dang left Vietnam before 1975 and arrived in the U S in 1976, later achieving substantial success back home.
MENTIONED IN THIS ARTICLE
Gilbert
Thai Dang
Vietnam
United States
Dang
Saigon
Also Mentioned on This Page
Interior
Bruce Babbitt
Bureau of Land Management
Chandler Systems IV Inc
Chandler
Elliott
Rockets
Detroit Pistons
Sean Elliott
Houston Rockets
Robert Horry
Matt Bullard
Fantasy
Pi Pal Des Neal Weese
Ap Press
Galiiten
Stephen Weiss
Weiss, Peck and Greer Investments
Manhattan
Central Bank
Cards Box Office
Houston
Valley
Paul Matthews
U.S
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