Airlines back down on fare hikes amid fuel cost pressure
Continental Airlines and Delta Air Lines halted planned $10 round trip increases, joining rivals in easing prices as analysts note mixed adoption. Northwest pushed earlier rounds up to $20, while some routes stayed untouched to hedge against low-cost competitors.
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Dallas
Continental Airlines Inc
Delta
Continental
Houston
Northwest
Northwest Airlines
Southwest Airlines Co
JetBlue Airways Corp
Terry Trippler
Sarah Anthony
Fed Likely to Raise Rates to 2.75 Percent Today
Analysts expect the Federal Reserve to lift its key federal funds rate by a quarter point to 2.75 percent, the seventh such increase since June, with traders watching for guidance on the future path of monetary policy and any signals about the pace of further hikes.
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Federal Reserve
Fed
Paul Kasrel
Northern Trust Co
YMCA Volunteers Drive Third Annual Tour of Homes
Volunteers are vital to YMCA programs from fundraising to yard work and coaching. They screen and train to protect children, while generations under 30 bring energy. Proceeds from the May 15 Tour of Homes fund daycare repairs and program support with board members aiding day-to-day operations and repairs. Call 432 362 4301 to volunteer or learn details.
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Hether
YMCA
Peggy Cameron
Youth Sports Directo
Steve Brewster
Ula Asswann Plas
Steve
Glenda Carr
Iola Gillham
Frances Goodwin
Home and Garden Tour
Crude oil prices cool off after rally surge
New York oil prices retreated after a surge above 57 dollars a barrel. Light, sweet crude for April delivery closed at 56.62 on the Nymex after reaching 57.12 earlier, with traders noting the market had become overheated. Oil remains about 50 percent higher than a year ago despite the pullback.
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New York
New York Mercantile Exchange
Ed Lilliere
Energy Merchant LLC
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