Fed expected to cut rates amid market crisis
The Fed faces a crisis economy and is ready for a big rate cut on Tuesday, possibly 0.5 to 1.0 percentage point. Analysts debate impact while Bear Stearns rescue and vast liquidity moves aim to stabilize banks, markets, and consumer credit amid rising oil prices and inflation pressures.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Wall Street
Ben Bernanke
Central Bank
Carl Tannenball
Henry Paulson
Stuart Hoffman
PNC Financial Services Group
Hoffman
California
Hawaii
Bernanke
Rocky Mountain gas glut fades with new pipelines
In the Rocky Mountains spot prices for natural gas plummeted to 5 cents per 1000 cubic feet as producers faced excess supply. New pipelines will move Rocky Mountain gas to California, Phoenix, and the Midwest, easing Western prices but risking regional shortages if drilling slows.
MENTIONED IN THIS ARTICLE
Salt Lake City
Rocky Mountains
Porter Bennett
Bentek Energy LLC
West
Rocky Moun
Rockies
California
Phoenix
Midwest
HUD unveils simpler mortgage disclosures under Bush plan
HUD proposes a reform of the Real Estate Settlement Procedures Act to require a federal good faith estimate that clarifies loan terms and closing costs, potentially saving a typical borrower about 700 dollars. The form would be used for refinancings and home purchases, with broker compensation disclosures to curb yield spread premiums and broaden broker definitions.
MENTIONED IN THIS ARTICLE
Washington
Bush
White House
U.S
National Association of Mortgage Brokers
HUD
American Eagle to add third daily flight to Roswell
American Eagle will begin a third daily Dallas to Roswell flight on April 7. The carrier plans expansion amid ongoing projects in New Mexico, including energy, manufacturing and research initiatives, with several firms exploring future job growth and partnerships.
MENTIONED IN THIS ARTICLE
American Eagle
Goodwater
Hubert
Menges
Sally
Stan
Sunshine
Wendell
New Mexico
Roswell
Sykes
Air Service
Dallas
New Mexico Rural Alliance
New Mexico Economic Development Department
New Mexico Economic Development Partnership
Renew
PSM
PrimeSource Mortgage, Inc
PSMI
Texas
Kansas
Phillip Johnson
Overland Park
Kan
Johnson
Kansas City
Kansas City Chamber of Commerce
Mike Gaver
MyTech Mortgage Group
Grapevine
Gaver
Southwest
Psmholdings.com
Easter Bunny visit at Imagine That! in town a fundraiser
The Easter Bunny with Daisy and Duke will pose at Imagine That Scrap Books & Gifts 317 N Main St from 2 to 5 pm Saturday. Photos cost 5 dollars if you bring your own camera with all proceeds aiding Goddard High School Junior Class President Chelsie Green and the Prom fund. The event invites local families to support students.
MENTIONED IN THIS ARTICLE
Easter Bunny
Daisy
Duke
Imagine That
N. Main St
Goddard High School Student Council
Chelsie Green
Bear Stearns rescue by rival and Fed shocks markets
JPMorgan Chase and the Federal Reserve extended 28 day loans to Bear Stearns as the investment bank teetered on collapse amid the subprime crisis. The rescue halted a potential market-wide failure, with Bear Stearns stock plunging about 46 percent and the Dow dropping around 200 points.
MENTIONED IN THIS ARTICLE
Fed
Wall Street
Bear Stearns Cos
Jpmorgan Chase & Co
Bear Stearns
Treasury Department
Financial Institutions
Bush
Bernanke
Treasury
New York
U.S
Federal Reserve
Richard Bove
Punk, Ziegel& Co
Jpmorgan
Central Bank
Stearns
Also Mentioned on This Page
Bennett
Golden
Cole
Illiopolis
Ill
Adam
Berken
Breeze
Bulls Eye
Crest
Gandy-Marley Energy Solutions
Buzz
N.M
Lava Company
Chaves County
Renew.nm.com
Rival
Feds
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!