Fed Cuts Rates to Lows Not Seen Since 1962
The Federal Reserve reduced the federal funds rate by half a point to 2.5 percent, the lowest since May 1962, with the prime rate dipping to 5.5 percent and the discount rate to 2 percent as markets rallied. Attacks in September intensified uncertainty, prompting calls of recession from officials and a push for a $100 billion stimulus mix.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
John F. Kennedy
Bush
Fed
Wall Street
Congress
Alan Greenspan
Greenspan
Jerzy Jasinowski
National Association of Manufacturers
Fed Cuts Rate by Half Point to 2.5 Percent
The Federal Reserve lowered the federal funds rate by 0.5 point to 2.5 percent, the lowest since 1962. Major banks also reduced their prime rate to 5.5 percent as analysts note possible declines in growth through upcoming quarters amid terrorism and stimulus actions. Sung Won Sohn of Wells Fargo cautions progress in the war on terror will affect consumer confidence and the economy.
MENTIONED IN THIS ARTICLE
Fed
Bill Cheney
John Hancock Financial Services
Boston
R. Glenn Hubbard
President’s Council of Economic Advisers
Congress
Bush
Federal Reserve
Federal Funds
Sung Won Sohn
Wells Fargo
Minneapolis
Americans reach over 50 thousand centenarians in 2000 census
The 2000 census counted 50,454 Americans aged 100 or older, a 35 percent rise in a decade, with researchers citing genetics, lifestyle, and social support as factors. California hosts the most centenarians. South Dakota has the highest percentage.
MENTIONED IN THIS ARTICLE
Washington
Bob Roush
Huffington Center On Aging
Baylor College of Medicine
Roush
Bernice Bach
Bach
Oklahoma City
Cen
California
South Dakota
Mixed government tones urge calm and vigilance
Washington moves between reassurance and warnings as officials urge Americans to resume normal air travel while stressing bioterror risks. Critics, including Rep. Shays and Dr. Peters, warn that large scale bioweapons threats are hard to defend against, complicating public guidance.
MENTIONED IN THIS ARTICLE
State Department
Bush
America
David Murray
Thompson
C.J. Peters
Federal
Centers For Disease Control and Prevention
CDC
John Ashcroft
Notice of Sale in Franklin County Kansas Property
In Franklin County Kansas the Cit Group and ING obtain an order of sale for Lots 41 and 43 in Adams Subdivision Richmond. The sheriff will sell the property at public auction October 24, 2001 at 10:00 a.m. at the Ottawa courthouse front door for cash to satisfy the order. The defendants include Ken E Walker and Brendal Walker among others.
MENTIONED IN THIS ARTICLE
Ottawa
Franklin County
Kansas
Adams
Township
Richmond
Craig A. Davis
ELDON
Gay
Woodside
Topeka
Notice of Hearing on Estate Final Statement for Roberts
Notice is given that Dennis Roberts as administrator filed a petition for final settlement of the estates of Jesse J. Roberts and Florence L. Roberts in Ottawa Franklin County Kansas. The hearing set for October 15 2001 at 9:00 A.M. requires defenses filed in writing. Dennis Roberts, Administrator Gary L. Jordan Attorney for Administrator 319 South Hickory Ottawa KS 66067 TB5-242-5566
MENTIONED IN THIS ARTICLE
Jesse J. Roberts
Florenge L. Roberts
Ottawa
Franklin County
Kansas
Gary L. Jordan
South Hickory
P.O
FDA approves Nuvaring birth control ring
The FDA approved a new contraceptive vaginal ring named Nuvaring that women wear for three weeks each month. It delivers a continuous low hormone dose similar to birth control pills, with a pregnancy risk of one to two per 100 users annually when used as directed. If the ring falls out for more than three hours, additional contraception is needed until reinsertion for seven days.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Also Mentioned on This Page
Source
Sus
Thomas Perls
New England
Perls
Esther Hemp
New Cumberland
Hemp
Senior Citizens Center
Centenarians
U.S. Census Bureau
Alan Stewart
University of Florida
Health and Human Services
Tommy Thompson
CBS
Christopher Shays
R-Conn
House
National Security Subcommittee
Shays
District Court OF
CIT Group
ING
Plaintif
Ken E. Walker
a/W
Kenneth & Walker
Brendal Walker
John Doe
Jane Doe
Et al
Dennis Roberts
FDA
Softones
Rhage Ge,amie
Bel Kansas
BTU Dem
SIUC
Uae
al Sient
Forest Park
Marias Des Cygnes River
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