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Odessa American in Odessa, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Mar 20, 2009

Page

4

Stock rally fades amid Fed bond buying worries

Investors cooled after a two week rally as concerns grew that the Fed's bond purchasing could weaken the dollar and spark inflation. Banking shares fell while energy rose on higher oil prices, with the Dow down 1.2 percent and the S&P and Nasdaq also lower.

New York Federal Reserve Fed Treasury U.S Standard & Poor New York Stock Exchange Todd Salamone Schaeffer Wall Street

Fed backstops economy with $1.2 trillion move

The Fed unleashed a rapid $1.2 trillion asset purchases to prop up demand, boosting Treasury prices and lowering yields. Oil spiked to a seven percent jump, while and currencies moved with inflation fears easing. Despite the action, long term rates remain near zero and consumer borrowing costs stay high.

Nesses Fed Congress Treasury Feds Federal Reserve

Bus trips to Dallas draw mixed reviews for players

Players note that activity buses lack restrooms and slow travel, causing extra stops and longer trips to Dallas. Some praise the buses for bonding, cost savings, and comfort features like a DVD system and motor coach seats, while acknowledging delays and rougher rides on regular buses.

Mann Morris Webster

Online poll asks if you want to be a justice of the peace

Voters weigh becoming a justice of the peace while noting Precinct 2 eviction cases demand faster action. Kupper says extra duties are manageable but not endless, Spivey backs careful selection to avoid rushing. The county provides duties at a public description page.

Precinct 2 Bright Kupper Justices of the Peace Spivey

Also Mentioned on This Page

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