Spending cuts not denting $1.5 trillion deficit forecast
The $38 billion in spending cuts agreed last week won’t curb this year's deficit, projected at $1.5 trillion. Treasury data show $829.4 billion deficit in the first half, with March alone at $188 billion. Experts call many cuts gimmicks, and debt-limit battles loom as lawmakers eye long-term reductions.
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Airport collision highlights risk of giant airliners
An Airbus A380 and a Bombardier CRJ 700 clipped at Kennedy Airport, leaving the regional jet nearly 90 degrees and injuring no one. With FAA waivers and crowded taxiways, airports struggle to accommodate A380 and 747-8 operations as traffic rises. Autopsy and safety reviews proceed while experts warn of repeat incidents amid dusk, rain, and glare from wet tarmacs.
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Daily closing stock roundup for New York market
NYSE active stocks led gains and losses with AirSteel AMR AT&T AbtLab AMD CocaCola ExxonMobil Ford Motors Chevron Caterpillar CocaCola and others trading on volatile closes. Notable shifts included Petrobras Pfizer Potash and Petrobras amid mixed sector performance.
High Water Presses North Dakota Communities Hard
In Fargo area, emergency crews survey flooded rural areas door to door while congregants of Maple Sheyenne Lutheran Church cope with a third straight year of high water. Pastor Emily Nesdahl reports exhaustion yet resilience as roads remain flooded and the Red River nears historic levels about 38.75 feet.
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Harwood
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Cass
Bonnie Johnson
Red River
Texas lawmakers retreat on campus concealed carry bill
Texas lawmakers back away from a measure to allow concealed handguns in college classrooms after university opposition swayed two Democratic supporters. Two failed votes leave the bill struggling in a state that had earlier shown strong support. The national debate followed Virginia Tech’s 2007 mass shooting.
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Texas
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Senate
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U.S
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Hog prices at Peoria market steady gains noted
Stockyards Peoria Hog market reports moderate activity with barrows and gilts rising about one dollar. 1 2 230 260 lb ranges 61.50 62.00 and 2 3 270 280 lb 60.00 61.50. Sows down with mid weights around 52.00 to 56.00. big sows up one. Boars above 300 lb 21.00, under 300 lb 35.00.
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Pplcorp
Peabdge
PepsiCo
Petrohawk
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Petrobras
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SandRdge
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Schwab
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Target
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UtdCont
Usbancrp
US Steel
Valesa
The
Associated Press
Grain futures slide on CBOT with mixed losses
Grain futures on the Chicago Board of Trade declined Tuesday as May wheat fell 0.3625 to 7.62 a bushel and May corn dropped 0.2350 to 7.5250. May oats slipped 0.115 to 3.90 and May soybeans declined 0.3875 to 13.2975 a bushel.
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