Existing home sales rise 4.6 percent in May nationwide
The National Association of Realtors reports May sales of existing single family homes at a 3.61 million seasonally adjusted annual rate, up 4.6 percent from April as prices tick up and mortgage rates dip to a 21-year low. Regional gains occur across the South, Northeast, West, and Midwest amid favorable financing.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Federal Home Loan Mortgage Corp
Realtors
William S. Chee
Mr. Chee
Midwest
Record FDIC predicts fewest bank failures since 1987
Regulators foresee about 60 to 72 banks failing this year based on an asset total near 10 billion, down from prior forecasts. FDIC chief Andrew Clover warns conditions could worsen if rates move unfavorably, while 22 banks with 2.7 billion in assets failed so far this year.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corp
FDIC
Andrew Clover
James Chessen
American Bankers Association
Chessen
European Bank President Attali Quits Amid Spending Row
Jacques Attali resigned as president of the European Bank for Reconstruction and Development amid criticism over lavish spending and a London headquarters revamp. The bank faces an internal spending review due by July and the search for a successor will begin after the board acts.
MENTIONED IN THIS ARTICLE
European Bank
London
Jacques Attali
European Bank For Reconstruction and Development
Mr Atta
Europe
Attali
Mr Attali
Wibble
D and D Safe and Lock Opens New Frederick Location
D and D Safe and Lock expands to Festival of Frederick Shopping Center Prospect Boulevard space for sales and repair of safes locks and related services. Established 1983 as a mobile outfit, shop opened 1985 on North Market Street now employs eight with five service vehicles and offers 24 hour emergency service plus access to fire gun and jewelry safes and master key systems.
MENTIONED IN THIS ARTICLE
D&d Safe & Lock
Festival of Frederick
Prospect Boulevard
Dave
Jocelyn Griffin
North Market Street
D&d
ABI and area schools sign articulation to waive courses
Abbie Business Institute and Fred Erik and Fairfield Area Schools reach an articulation agreement. Fairfield High School students who complete designated keyboarding and accounting classes may exempt from Keyboarding I and Accounting Principles I and pay reduced tuition if they enroll in ABI programs.
MENTIONED IN THIS ARTICLE
Abbie Business Institute
Frederik
Fairfield
Fairfield High School
ABI
Also Mentioned on This Page
New York
New York Stock Exchange
Standard&Poor
Standard&Poor’s
Landover
Giant Food Inc
Telepanel Systems Inc
Giant
IBM
Telepanel
IBM Giant
Barry Scher
Garth Aasen
Scher
Soviet Bloc
United States
Attal
Anne Wibble
Sweden
Fredenck News-Post
Stock Market Report
Tal
Punchan
AP Stock Quotes
AP Newswatch
AP Agricultural Report
Frederick
Fredericktown
Toyota
Shockley Mom
Ames
Steve Slone
Ralph Hanan
Tom Poe
Ed Koester
Connie Griffin
Dave Griffin
Maryland-Delaware
D&D’s
the Company Is A Member of
Locksmith Association of the
District of Columbia
Riku A
Gata
Fcnb Ma
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