Greenspan suggests worst may be behind us
Federal Reserve Chairman Alan Greenspan warned that the longer slowdown may not be over and signaled potential further rate cuts. With 2.5 percentage points already trimmed since January, analysts expect another half-point cut at the June meeting as economists flag rising layoffs and weak consumer spending. The government revised first quarter growth to 1.3 percent, fueling concerns the economy may slip into recession without continued policy action.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
New York City
Fed
Democrats seize Senate control after Jeffords switch
Democrats take the Senate majority following Vermont Senator James Jeffords' departure from the GOP. The party pledges to temper President Bush's agenda, push for education funding, and move a patients bill of rights after passing bipartisan education reform. Republicans face leadership questions as the chamber shifts to new power dynamics.
MENTIONED IN THIS ARTICLE
Washington
Capitol
Senate
Bush
Vermont
James Jeffords
Jeffords
GOP
Tom Daschle
South Dakota
Daschle
Charles Schumer
D-N.y
Jim
Mitch McConnell
R-Ky
Karl Rove
Re Tibere
CNN
Trent Lott
Mississippi
R-Miss
Ashcroft rules out further McVeigh execution delays
Attorney General John Ashcroft said no further postponement of Timothy McVeigh’s June 11 execution is likely due to missing documents. He insisted all 4,034 pages have been provided to McVeigh’s lawyers, and none undermine his guilt. The FBI briefed that some materials were extraneous or routine, while defense lawyers say new exhibits could bolster a stay request.
MENTIONED IN THIS ARTICLE
Washington
Timothy McVeigh
John Ashcroft
McVeigh
Ashcroft
Oklahoma City
FBI
Oklahoma City Federal
Rob Nigh
John Doe 2
Nigh
Justice Department
Europe
Denver
Negotiators strive to seal 1.35 trillion tax cut package
Washington AP negotiators work into the night to wrap an 11 year, 1.35 trillion tax cut with a Memorial Day recess in view. Key differences include the top rate of 39.6 percent vs 33 or 36 percent, timing of cuts, and whether education and low income provisions remain.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Bush
Sen
Don Nickles
House-Senate
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Democrats
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Lees
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Lemans
Lemams Ait
Steel F
Laneesdar
Ake
Ial
HeRate
Afrunu
A. Ices
Sic
Roy
Expertuirg
Aya
Tawney Dev
Geo-Pont
Olds-Buick-Cad. Div
Creason-Tawney Chev-Olds Inc
J &J Greenhouse
Finney Rd
Williamsburg
Ganp Nay
Jodi Grever
Jagrover
Hotmail Ganpfee
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