Fed may not cut rates soon amid ambiguous data
Analysts say the Federal Reserve may lack proof to lower rates immediately as the economy shows mixed signals. With the FOMC meeting looming, experts fear a premature cut could backfire while some data hint at potential recovery later this year.
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Washington
Federal Reserve
Fed
Laurence Meyer
St. Louis
Central Bank
Federal
Lynn Reaser
First Interstate Bancorp
Los Angeles
Alan Greenspan
FOMC
Greenspan
Commerce Department
Cynthia Latta
DRI McGraw Hill
Lexington
Mass
Veteran seizes decommissioned USS Yorktown during 4th scene
An Army Vietnam veteran climbed aboard the World War II carrier USS Yorktown in Charleston Harbor after forcing past two guards. He roamed the ship and spoke with negotiators about family values while authorities halted park access and canceled events. No injuries were reported.
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Charleston
S.C
Charleston Harbor
Yorktown
PNM to close two Indian archaeological sites in Jemez Mountains
Public Service Company of New Mexico wins state approval to cover and close two small archaeological units on U S Forest Service land as part of the Ojo Line Extension project. Work to seal the sites will start within a week, with no further excavation permitted.
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Santa FE
Public Service Company of
New Mexico
Jemez Mountains
State Public Utility Commission
PNM
U.S. Forest Service
Ojo
Rick Brinneman
Brinneman
Vaughan family settles suit over 1990 helicopter crash death
The Vaughan family and Omniflight Helicopters Inc. reached an undisclosed settlement approved by an Illinois judge. The suit alleged an unqualified pilot and foggy conditions caused the fatal crash near Elkhorn Wisconsin after a concert with Jimmie Vaughan Eric Clapton Buddy Guy and Robert Cray. A National Transportation Safety Board report cited pilot error as main cause. Omniflight had previously settled related suits in 1992 for over 2 million dollars.
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Dallas
Stevie Ray Vaughan
Illinois
Vaughan
Martha
Jimmie
Omniflight Helicopters Inc
Tom Davis
Austin
Vaughans
Elkhorn
Wis
Jimmie Vaughan
Eric Clapton
Buddy Guy
Robert Cray
Clapton
Omniflight
National Transportation Safety Board
Skeen to visit Roswell area during July recess
U S Rep Joe Skeen plans a Wednesday and Thursday visit to Roswell Lovington Capitan and Carlsbad during Congress July recess meeting with local groups touring the Leprino Food Cheese Factory and addressing the Roswell Rotary Club at noon New Mexico Lt Gov Walter Bradley also to visit Roswell for state hearings on aiding small business coordinated by the New Mexico Rural Development Response Council hearings proceed across several cities and a Pecos Trails Transit schedule change alters Saturday minibuses from July 15 increasing interval times to 90 minutes while directing residents to obtain new schedules
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U.S
Joe Skeen
Roswell
Skeen
R.N
Rotary Club
New Mexico
Walter Bradley
Pecos Trails Transit
Main Street
Pecos Trails
N. Main St
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