Fed likely to hike rate by half point this week
Washington AP report notes the Federal Reserve may raise the federal funds rate by 0.5 percentage point to 6.5 percent as economists warn of sustained rapid growth and rising inflation risk. The meeting of the Federal Open Market Committee is expected to announce by midafternoon amid concerns from Greenspan and others.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
David Wyss
Standard & Poor
DRI
Federal Open Market Committee
Unem
David Jones
Aubrey G. Lanston & Co
Jones
Greenspan
United States
U.S
Michael P. Niemira
Bank of Tokyo-Mitsubishi
Federalreserve.gov
Rape ruling seen as blow to women rights advocates say
In a 5-4 decision the Supreme Court barred rape and gender motivated violence victims from suing in federal court under the Violence Against Women Act. Critics warn the ruling limits Congress remedies while supporters say state courts remain available. Clinton called the decision disappointing and pledged to study next steps. Justices Rehnquist O Connor Scalia Kennedy and Thomas joined in the majority.
MENTIONED IN THIS ARTICLE
Springfield
Supreme Court
Congress
U.S
Kathy Rodgers
Legal Defense and Education Fund
Virginia Tech
Christy Brzonkala
Rodgers
Brzonkala
William H. Rehnquist
Michael Rosman
Eileen Wagner
Antonio Morrison
James Crawford
Morrison
David Paxton
Paxton
Clinton
Rehnquist
Joseph Biden
D-Del
White House
Sandra Day O’connor
Antonin Scalia
Anthony M. Kennedy
Clarence Thomas
AOL to pay 3.5 million fine for improper accounting
The SEC announced AOL will pay a 3.5 million fine to settle allegations that it counted advertising costs as assets. The costs, about 385 million by Sept 30, 1996, should have been expensed, potentially masking profits from 1994 to 1997. AOL to restate results 1995 through 1997.
MENTIONED IN THIS ARTICLE
Washington
America Online Inc
Securities and Exchange Commission
AOL
SEC
Richard Walker
Clinton may veto Kosovo funding in emergency defense bill
Defense Secretary Cohen warns of a possible presidential veto on a 4.7 billion Kosovo and other defense funds tied to Congress approval of troop stays. Senate debates an 8.6 billion military construction bill with 4.7 billion for Kosovo operations. Byrd calls the veto threat a scare tactic as lawmakers push to retain troops or withdraw by mid-2001. About 5,900 U.S. troops serve in the NATO led Kosovo force amid European burden concerns.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Congress
U.S
Kosovo
William Cohen
Robert Byrd
D-W.va
White House
Senate
Colombia
Byrd
Senate Armed Services Committee
John Warner
R-Va
Senate Appropriations Committee
House
Yugoslavia
Defense Department
Cohen
Ted Stevens
Alaska
Europe
Clinton keeps gifts worth 23602 from last year
President Clinton will retain 23602 dollars in gifts from 1999 as listed on his disclosure report. The set includes a saxophone a 2500 dollar suit golf clubs and a wooden doll among other items. Vice President Gore and wife Tipper report assets between 822010 and 1.981 million with homes in Arlington and Carthage and a Carthage farm.
MENTIONED IN THIS ARTICLE
Washington
Clinton
al Gore
Tipper
Arlington
Carthage
Tenn
Gores
Citizens Bank
Gore
James Neal
Nashville, Tenn
White House
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Erskine Bowles
Charlotte
N.C
B. Andrew Fowler
Newport News
Sally Hershberger
New York, N.Y
Olive St
Odawa
AL Ccirieng Unum Iethtn
Ottawa Herald
THE
Cleon Legal Services
Hawks
Ks-Lawyer.com
Lodge
E.S
Union
Freda Hughes
Dune Butler, Lacy
Kids Committee
Humane Society
Richmond
Ofc House
Ottawa
Paul Hays
Farm Bureau Insurance
Norris Insurance Agency
Starv
Norvell
SJC Plastic Convert Co
Better Business Bureau
Camp Chippewa
CMA
Baldwin City
Grimeon
Baldwin
FA. CO
Main
Man
Ann
Topeka
Larry Gales
Coffay Health Systems
Burlington
EOE
Coffey County Medical Center
Lary Gales
Coffay County Health Systema
Gurlington
Olathe Based
Treanstam
South Hwy
Olathe
Barbara Campbell
Ransam
Transamtruck
TransAm
Abe
Transamtruck.com
Transat
Wow
Lense Movetoon
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