Fed cuts rate to 1.25 as Iraq war fears loom
The Federal Reserve sliced the federal funds rate by 50 basis points to 1.25 percent, aiming to stabilize a slowing economy amid Iraq war anxieties. Analysts saw banks cutting prime rates and hoped for renewed consumer and business lending as Wall Street rallied briefly.
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Federal Reserve
America
Iraq
Fed
Federal
Sung Won Sohn
Wells Fargo
Minneapolis
Wall Street
M&t Bank
AmSouth
David Wyss
Standard & Poor’s
New York
United States
Winona Ryder Found Guilty In Saks Theft Case
Beverly Hills California AP A jury convicting Winona Ryder of felony grand theft and vandalism found she stole more than five thousand five hundred dollars in merchandise from Saks Fifth Avenue last year Though prosecutors said she may avoid jail Ryder faces sentencing on December 6 The case drew international attention with media coverage and testimony from security staff and a guard noting vandalism and sensor tag removal.
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Beverly Hills
Calif
Winona Ryder
Saks Fifth Avenue
Ryder
Peter Guber
Ann Rundle
Rundle
Miss Ryder
Sandi Gibbons
Beverly Hills Labs
Mark Geragos
Springsteen Concert in Austin Postponed for Clemons Surgery
Bruce Springsteen and the E Street Band postponed the Austin show after Clarence Clemons, 60, needed detached retina surgery following Monday’s Houston performance. A spokesman said the operation was successful and no new date was set, though the Statesman reported a March 2 reschedule. Other tour dates’ status remained undetermined.
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Bruce Springsteen
Austin
E Street Band
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Clemons
Houston
Springsteen
Harris Cohen
Shore Fire Media
New York City
Cohen
Austin American-Statesman
Parade Continues With Gold Star Mothers In Roswell
Gold Star mothers who lost sons in Vietnam will join the parade at 10 30 a m starting on 11th Street, led by the New Mexico Military Institute Cadets. About 14 groups and 10 classic cars will march for an hour and finish at Alameda Street. The Roswell Adult Center will serve snacks to veterans and families between 2 and 4 p.m. Monday.
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Vietnam
11Th Street
New Mexico
Kane Doerhoefer
Roswell
USA
N.M
Chaves County Sets Special Session to Canvass Vote
Voters faced issues with ballot circles and blue ink causing machine read errors leading to some hand tallies. The late tally finished near midnight but county turnout exceeded 6,000 early voters in Chaves County. A special commission session is set for 2 p.m. Friday at the Administration Center to canvass the vote.
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E. College
ZIA Girl Scout Club
Amana
Chaves County
Chaves
Buttercup the calmest horse wins youth award
Buttercup, a 3 year old mustang praised as gentle by Malone, has formed a strong bond with Felicia an 18 year old resident of the Assurance Home. Felicia credits Buttercup with bringing joy to staff and children as the program prepares to travel to Santa Fe for the Milagro 2002 Youth Award ceremony.
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Buttercup
Malone
Felicia
The
Assurance Home
Hilton Hotel
Santa Fe
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