New home sales fall as mortgage rates rise
New home sales dropped 3.1 percent in May to a seasonally adjusted annual rate of 888,000 units, the biggest fall in four months, as mortgage rates climbed toward 7.6 percent. Existing home sales also declined about four percent in May, with prices easing. regional drops were broad across the Northeast, West, Midwest and South.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Reserve
Northeast
West
Midwest
South
Corn and soybeans finish higher as wheat falls on heat
Corn and soy futures edged higher on the Chicago Board of Trade while wheat retreated as forecasts for extreme heat across the Midwest raised concerns about crop damage. Traders noted pollination in corn and the resilience of soybeans to short heat waves, with mixed peso changes across oats, soybeans, and other grains. Beef and pork futures moved differently on the CME as live cattle and feeder cattle rose while lean hogs and pork bellies fell.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Midwest
Ber Corm
Chicago Mercantile Exchange
Richard L Harshman promoted to regional vice president at Beall Garner
Richard L Harshman is named regional vice president of Beall Garner Screen Geare, an insurance and consulting service in Cumberland. He lives in Wolfsville with his wife Barrie, and is a University of Delaware graduate who previously led retirement services as VP and director before joining BGS&G in 1997 as senior benefits consultant and manager of the Hagerstown office.
MENTIONED IN THIS ARTICLE
Richard L Harshman 1
Beall Garner, Screen & Geare
Cumberland
Wolfsville
Barrie
University of Delaware
Bgs&g
Hagerstown
Mackintosh Realtors hires Smith and speaks at MDRT meeting
Mackintosh Robert Smith of Walkersville joined Mackintosh Realtors as a sales associate. He is a member of the Frederick County Association of Realtors and a Shippensburg State College graduate with experience in management and customer relations and custom golf club design. Randy Serlichfield of Damascus addressed the Million Dollar Round Table in New Orleans, where the MDRT is an international association of about 21,000 life insurance professionals.
MENTIONED IN THIS ARTICLE
Robert Smith
Walkersville
Mackintosh Realtors
Frederick County Association of Realtors
Shippensburg State College
Randy. Serlichfield
CFP
LUTCR
Damascus
New Orleans
Million Dollar Round Table
Maryland figures appointed to health and hardware boards
Sheila Delauter of the Arthritis and Osteoporosis Center of Maryland in Frederick returns from a conference on osteoarthritis drugs. Tan Shuman of Mclean Koehler Sparks & Hammond in Frederick is named treasurer of the Susan G. Komen Maryland Chapter. Edward Pleasants of Pleasants Hardware Co. joins the board of Noland Co. in Winston-Salem, while remaining as a consultant.
MENTIONED IN THIS ARTICLE
Sheila Delauter
The
Arthritis and Osteoporosis Center of
Maryland
Frederick
Tan Shuman
CPA
Mclean, Koehler, Sparks & Hammond
Susan G. Komen
Breast Cancer Foundation
Edward Pleasants
Pleasants Hardware Co
Noland Co
Winston-Salem
N.C
Pleasants Hardware
Professionals who meet strict ethics in production
Professionals who have met strict ethical and production requirements to quality, elevating industry standards and ensuring consistent, responsible outcomes across complex projects.
Dealership hosts child safety event in Frederick
Ideal Buick GMC Hyundai at 5871 Urbana Pike Frederick hosts Operation Safe Kids from 9 a.m. to noon on Saturday July 24. GM trunk safety kit demonstrations target families with small children. The first 50 car owners receive a free trunk kit and installation. all guests get a free car wash. Children enjoy activities with Chuckles the clown and refreshments. Further info at 301 663 3121 or sale kids.org.
MENTIONED IN THIS ARTICLE
Urbana Pike
Frederick
General Motors
Tee
Chuckles
Salekids.org
Correction on address for North American Housing grand opening
North American Housing recently held its grand opening at the new offices located at 5724 Industry Lane in Frederick. The event coordination was led by Brian E. McGuinness, the vice president for sales and marketing.
MENTIONED IN THIS ARTICLE
Industry Lane
Frederick
Brian E. McGuinness
Fed expected to raise rates as economy cools
The Federal Reserve likely raises its federal funds rate for the first time in over two years, signaling further hikes this year. Analysts differ on how high rates will go, but Greenspan has signaled a pre emptive move, with markets rallying ahead of the decision and economists debating the pace of future increases.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
U.S
Feds
Alan
Greenspan
David Wyss
Standard & Poor
DRI
Wyss
Congress
Dow Jones
Fed
Mr. Greenspan
Asia
Jerry Jasinowski
National Association of Manufacturers
Afl-Cio
John Sweeney
Capitol Hill
United States
David Jones
Aubrey G. Lanston & Co
New York
Jones
CMGI Buys AltaVista From Compaq For 2.3 Billion
CMGI Inc agrees to acquire AltaVista from Compaq Computer in a 2.3 billion deal adding a major Web hub to CMGI s online properties. The plan includes AltaVista spin off via an upcoming initial public offering and a continued partnership to host and link CMGI s ventures and Compaq s customers to its sites.
MENTIONED IN THIS ARTICLE
New York
Cmgi Inc
Compaq Computer Corp
AltaVista
Compaq
Metrix
CMGI
Andover
Mags
Ancestry.com
CarParts.com
Furniture.com
Raging Bull
David Wetherell
CMGT
Padday
McDonald's to pay 4 million over quiet injury reports
McDonald’s Corp will pay 4 million in damages for failing to inform the Consumer Product Safety Commission about injuries to children on its Big Mac Climber playground. About 400 kids were injured from the climber, with severe cases including concussions and broken bones. The company removed the climber and agreed to enhanced reporting and safety measures under the settlement.
MENTIONED IN THIS ARTICLE
McDonald’s
Washington
McDonald's Corp
Consumer Product Safety Commission
CPSC
Ann Brown
McDonald's
Ford recalls 1996 98 Contours and Mystiques
Dearborn based Ford Motor Co recalls 793000 Contours and Mystiques from 1996 to 1998 due to tail light and instrument panel wiring harness overheating. Electrical terminals at the headlight switch connector may be damaged, risking instrument panel lighting and tail lamp circuits. No accidents or injuries reported.
MENTIONED IN THIS ARTICLE
Dearborn, Mich
Ford Motor Co
Ford
Also Mentioned on This Page
Pvenday
Fcnb Corp
Ryan
F&m Bancorp
Oribital
First Union
Tin Science
First United A
Proctor & Gamble
Fred Brew
PennNat
Undgd
Jcpesiney
Ms Aho
GTE Co
Aepsico
Algoa
GaPacific
Potom el WA Alleg Enegy Hcc Ins
Safeway
Sears
Pe Ind
Hottie Depot
Sun Trust
BankAmerica
Lehman
St. Paul
Bell
Lite Tech
Toys R Uy
Black & Decker
Harshman
Mackintosh
PostNet
Arcchitects
Sangviende
Shoppers Food Warehouse
W. Patrick St
New York Stock Exchange
Houston
Digital Equipment Corp
Che Frederick Netos
Pantheen Birometer
Daily Weavers & Lowery
Wactual Funds
Regent
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
SIPC
Scotirade.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!