Greenspan hints at rate hikes to curb overheating economy
Fed chief Greenspan signaled possible pre emptive rate increases to guard a strong US expansion. Analysts diverged on how many moves exist this year with June 29 30 meetings anticipated. Unemployment claims fell to 297000 as housing and stock markets show imbalances.
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Summers signals he would stay the course at Treasury
Treasury secretary nominee Lawrence Summers, currently No. 2 at Treasury, says he would continue policies that foster economic growth. The 44 year old has won broad Senate Finance Committee support as the panel prepares to vote next week ahead of full Senate approval. Summers joined Treasury in 1993 and has served as deputy to Robert Rubin since 1995.
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Vietnam Tomb Remains Empty After Blassie Identification
The Tomb of the Unknowns at Arlington National Cemetery remains empty as no suitable unknown remains exist to replace the identified Air Force pilot 1st Lt. Michael J. Blassie. Defense officials cited lack of unknown remains and ongoing DNA matching efforts.
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de Leon
Defense
Arlington National Cemetery
Air Force
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