Aggressive Fed moves fail to halt market slide
The Fed cut rates in three half-point steps amid a sharp stock market drop. Analysts warn recession risk rises as consumer confidence falls, stock indices slide, and widespread ownership amplifies the wealth effect. Banks match rate cuts, mortgage and loan costs ease for households and businesses.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Wall Street
David Wyss
Standard & Poor's
Alan Greenspan
Paul Volcker
Lynn Reaser
Banc
Toughest tests lie ahead in campaign finance bill debate
The bipartisan Senate coalition on campaign finance reform faces major tests as it battles over banning soft money and tightening limits. Key figures McCain Feingold argue for staged rulings while opponents and Hagle alternative proposals threaten passage amid constitutional concerns and member rights debates.
MENTIONED IN THIS ARTICLE
Washington
Senate Coalition
Charles Schumer
D-N.y
Senate
Orrin Hatch
Utah
John McCain
R-Ariz
Russ Feingold
D-Wis
McCain
Tom Daschie
South Dakota
Chuck Hagel
R-Neb
Hagel
White House
McCain-Feingold
Supreme Court
Feingold
U S orders 51 Russian diplomats to leave Washington
The United States expels 51 Russian diplomats over a suspected spy case at the FBI. The move, the largest since the Cold War, signals intensified tensions between President Bush and Vladimir Putin's government as Moscow warns of possible retaliation.
MENTIONED IN THIS ARTICLE
Washington
United States
FBI
Moscow
U.S
Bob Graham
D-Fla
Senate Intelligence Committee
Bush
Vladimir Putin
KGB
Communist Party
Gennady Zyuganov
James Collins
Foreign Ministry
Zyuganov
Collins
Also Mentioned on This Page
Georgy Mamedov
Igor Ivanov
Interfax
The
Ottawa Herald
S. Cedar
Ottawa
Ottawaherald.com
Franklin, Deviglas
Anderson
Midi
Osage Counties
Megan
Jamey
Bob
Herald
Clean Legal Services
HAWKS
Kansaslawyer.com
Gleon Lagat Services
Pomona
Jantrapolis
Richmond
N. Cherry
Fischer Price
Orrawa
Hickory
Lower
Ottawa Lodge No
Walcome
John Heckart
Lyndon Jordan
S. Cedar St
FR. CO
Pump ‘N’ Petes
Busch
Phillips
Toul
Plumbers & Pipalittera
Plumbers & Pipesetters
St. Lawrence
Kansas
Mustba
Franklin
Douglas County
JATC
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