Consumer confidence hits 33 year high on rising stock, jobs
New York AP reports consumer confidence, measured by the Consumer Confidence Index, rose to 144.7 in January, the highest since 1967, driven by a booming stock market, low unemployment, and ample job growth. Economists warn of rising interest rates as the expansion continues.
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Los Angeles Board Abandons Nation's Costliest High School
The Los Angeles Unified school board voted 5-2 to abandon the Belmont Learning Complex amid environmental concerns after spending 170 million on its construction on an old oilfield. Residents urged completion or delay for a full study of cleanup costs and risks of hydrogen sulfide and methane gas pockets under the site.
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Los Angeles Unified School District
Belmont Learning
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Ohio teens plan Massacre at South High School
In Cleveland the judge ordered two ringleaders Andy Napier and Benjamin Balducci to custody at least a year for conspiracy to commit murder. Accomplices Adam Gruber and John Borowski received six month terms for inducing panic. The plot surfaced after a student alerted officials on homecoming day. Police found eight guns in two homes as authorities cooled fears of a Columbine style attack. The youths cited alienation from classmates as motivation.
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Cleveland
Andy Napier
Benjamin Balducci
Adam Gruber
John Borowski
South High School
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