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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 21, 2004
Page
6
Federal Reserve expected to boost short term rates for a third time this year to curb potential inflation. Private economists differ on whether the economy is still cooling or has recovered from spring blues, but most say the economy remains in good shape for another rate hike. Inflation not yet threatening now but the Fed aims to prevent future problems.
New York AP report says reality producer Mark Burnett has spoken with Martha Stewart about reinventing her lifestyle show after her jail release. Burnett aims to keep Stewart’s domestic perfection image while the program would avoid her prison experience.
Japan moves toward resuming imports of U S beef if cattle are 20 months old or younger at slaughter. Officials expect talks with President Bush and Prime Minister Koizumi in New York during the U N General Assembly meeting. A Japanese panel earlier opened the policy shift, saying younger animals pose no higher risk of the disease.
EPA tests show nearly one in eight passenger airliners carried drinking water failing standards due to coliform bacteria. Enforcement chief Tom Skinner cautioned that results are preliminary and immune compromised passengers should avoid galley or lavatory water.
Oil prices rose to the highest in a month with Light crude at 46.35 a barrel and Brent at 42.91 as U S and Russian supply constraints test capacity. Yukos said it would halt some exports to China while Gulf of Mexico output remains constrained and inventories look set to fall again.
Republican leaders push to broker a House Senate conference on extending three popular middle class tax cuts set to expire this year. If not approved, lower income brackets, child tax credit reductions, and marriage penalty relief would rescind, affecting numerous taxpayers.
St Mary’s Central Catholic School in Odessa emphasizes the family atmosphere and faith formation alongside academics. Founded in 1960, it serves ages 3 through 6th grade with an extended day option and accredited status. Fundraisers planned include a brisket dinner, cookie dough kickoff, and tailgate spaghetti dinner, with community volunteers like Sam and Tammy Jo Holloman aiding support.
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