Midwestern rains keep residents out of homes
Heavy Midwest rains threaten longer evacuations in Missouri and Illinois. Canton sees river levels fluctuating while Winfield plans a two day sandbag push to reinforce the Pin Oak levee. officials warn of bacteria in floodwaters and monitor Iowa rainfall for further rises.
MENTIONED IN THIS ARTICLE
ST. Louis
Midwestern
Missouri
Illinois
Iowa
National Weather Service
Canton
Mississippi
Canton Emergency Management
Jeff McReynolds
Winfield
Binder
Polk City
Des Moines
Ottumwa
Marc Russell
Cedar Rapids
Iowa City
Russell
Morris Parrish
Oil clears 140 as OPEC Libya hints raise scope
Oil prices jumped past 140 a barrel after OPEC president projected gains to 150 170 this summer and Libya hinted at crude production cuts. Front month contracts topped 140 before settling at 139.64, with after hours peaking near 140.39. Analysts warn higher energy costs may push broader prices and curb consumer spending.
MENTIONED IN THIS ARTICLE
New York
OPEC
Libya
New York Mercantile Exchange
Chakib Khelil
Organization of the Petroleum Exporting Countries
Khelil
Goldman Sachs
Shokri Ghanem
Addison Armstrong
Tradition Energy
Stamford
America
Dow sinks nearly 360 as oil woes drag markets
A wave of bad news pushes the Dow Jones Industrial Average down 358.41 points to 11,453.42, its lowest finish since September 2006, amid fears of trouble in financial, high tech, and auto sectors. Citigroup, Oracle, and Research In Motion weigh on sentiment as the Nasdaq and S&P also slide. Investors flee to Treasuries as the market declines broaden.
MENTIONED IN THIS ARTICLE
Dow
New York
Dow Jones
General Motors Corp
Treasury
Research In Motion Ltd
Standard & Poor
Mortgage rates climb to 6.45 percent highest in nine months
Freddie Mac reports the 30 year fixed rate at 6.45 percent this week, up from 6.42 percent, the fifth straight rise and the highest since early September. Analysts and Fed officials debate when rate increases will come, with Bernanke urging resistance to inflation expectations. The Fed left the federal funds rate at 2 percent amid inflation concerns.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Freddie Mac
Frank Nothart
Fed
Central Bank
Federal Funds
Ben Bernanke
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THE
Associated Press
Andy Binder
Lincoln County Emergency Management
FEMA
Midwest
Fema.gov
Charlie Neibergall
Citigroup Inc
Oracle Corp
Bee
Main Street
Bella Ferazza
N. Main
Fort Stockton
Terrazas Furniture
Baker Atlas
Midland
Texas
Odessa
S. Jackson
Dessa Aner Rege
Kenneth W. Higgins
D.D
Michelle Anderson
Faudree Road
Habla Espanol
Nintendo
Dou Reere
E. Florida - Midland
Tere
CSC A Cara Incm
West Texas
X Keith and
Lolita Wallum
Basin Smart
Odessas
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