Greenspan warns of abrupt cuts to baby boom benefits
Federal Reserve Chairman Alan Greenspan told reporters at a Kansas City Fed aging conference that Congress must trim Social Security and Medicare benefits for the baby boom generation or face abrupt painful choices. He urged recalibrating programs, raising the retirement age, and reducing cost of living adjustments to avoid promises the economy cannot deliver as 77 million boomers retire.
MENTIONED IN THIS ARTICLE
Jackson
Wyo
Federal Reserve
Alan Greenspan
Congress
Greenspan
The
Kansas City Federal Reserve
U.S
Bush
Fed
Market watch wrapup for August 27 2004 overview
Financial brief shows major indices closing mixed with the Dow at 9195.01 the Nasdaq at 1862.09 and the S&P 500 at 1107.77. Nasdaq diary notes 1920 advances 1131 declines 418 unchanged 37 volume 1006437522 while NYSE diary lists 2186 advances 1032 declines 181 unchanged volume 1067490993.
Economy expands at 2.8 percent in Q2 slowing from prior estimate
The Commerce Department says GDP grew 2.8 percent in the April to June quarter, below the earlier 3 percent estimate. High energy costs weighed on growth, while Fed policymakers expect a pickup before the election as Bush seeks support.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Bush
Commerce Department
Stocks Stockyards Prices and Illinois Hog Market Report
Eastern Cornbelt carcass prices span 0.5 to 0.9 inch bf from 66.72 to 78.71 per hundredweight with today’s negotiated purchases at 15 301. Illinois Direct Hogs Laws show trading 1.00 to 2.00 lower amid light demand and moderate to heavy offerings. US 1-3 hog weights 300 to 600 pounds quoted 39.00 to 47.00, with boars 30.00 to 36.00 under 300 pounds and 10.00 to 15.00 over 300 pounds.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Stocks rise on better than expected GDP data
Stocks edged higher as second quarter GDP growth was 2.8 percent, revised from 3 percent and above economists’ 2.7 percent forecast. Investors weighed lower oil prices against a slow August trading backdrop with light volume and a cautious mood ahead of the Republican National Convention. Dow rose 21.60 to 10,195.01, S&P 500 up 2.68 to 1,107.77, Nasdaq up 9.16 to 1,862.08.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Standard & Poor
Grain futures edge lower on Chicago Board of Trade
In Chicago Grain futures moved mostly down Friday with Wheat for September at 3.01 a bushel after dropping 4 percent. September corn slipped to 2.20 a bushel, September oats held at 1.39, while September soybeans fell to 6.00 a bushel by day’s end.
MENTIONED IN THIS ARTICLE
Chris Johnson
Schaeffer’s
Cincinnati
Chicago
Chicago Board of Trade
Closing Stock Prices From The Daily Market
The clippings present a chaotic list of closing prices and volumes for multiple stocks. Figures include 21.95, 14.17, 95.77, 43.09, 13. -, 42.4, 44.89, 24.58, 73.72, 10.29, 32.9932, 6.76, 10.41, 10.64, 4.15, 22.7, 42, 10, 4, 3.49 and related entries with sporadic punctuation and missing values.
MENTIONED IN THIS ARTICLE
Kmart
Prudential
Alcoa Inc
Coke
Altria Group Inc
ConAg
Kroger
Qualcomm Ameren
CVS Corp
Lee Ent
Regions Financial
Devon
Lowes
Ryerson Tull
Apple May Dept. Stores
Sears
Applied Materials
Dillard's
Southern Co
Archer
Dollar General
Maytag
Avaya Financial
DuPont
McDonalds
Southwest Axa
Eateries
Metlife
Sun Micro
Microsoft
Super Valu
Baker Hughes
Fifth Third
Mips Technologies
Anova
Bemis
First Data Corp
Nbty Inc
US Bancorp
Bob Evans
Ford Motor Co
USG
Occi. Petrol
Boeing Gen. Dyn. O'charley’s
Verizon
BP Amoco
Gen. Motors Snr
Old Nat. Banc
Integra
Pfizer
Wachovia Cifra
JC Penney
Pier
Securities, Inc., Cinf
Kerr McGee
ProFac Coop
Carbondale
Proxim Inc
NYSE
SIPC
Clear Channel
Kinder Morgan
New York
AMR
At&t
Wris
AbtLab
Alcoa
Allstate
Altria
AnalogDev
AonCorp
Aquila
ArchDan
Avaya BP PLC
Bk of Am
Banknorth
Baxter
BellSouth
BestBuy Blockhr
BestScis
BrMySq
Cadence
Calpine
Chicosfas
Also Mentioned on This Page
Sagree Cigarettes
Country Plaza
Berkley
Viceroy
Winst
Marlboro
Kool
Campton
Kentucky
Tuscon
Pall Mall
Coc Ae Skoal
Boston
Mik
RWOLF
Ountry
Ormer Shey
Demacane
Marion
East Acres
Oll
Standard& ~ Poor's
Russell
Southern Illinoisan
ARCA
Southern Illinois
du Quoin State Fairgrounds
USAC
Ken Schrader
Federated
Ink Ae
N. Illinois Ave
P.O
Fox
Esteres A
Thesouthern.com
New York Stock Exchange
Nowan Sbc
SabreHold
St PaulTrav
Saralee
Schergel
Schimb
Schwab
Selectra
wstAirl
SptAuth Spratfon
SunGard Sysco
Gap of
Genentch
Generec
GnMott
Goldmans
Grace Gtech
Hewlettp
IntPap
Jpmorgch
JohnJn
Kellwood
KerrMc
KimbClk
Kohls Ersprirm Kroger Lsi
Libtyma
Lillyéli
LowesCos
Lucent Lyondell
MBNA
Mattel
Merck
Merrilllyn
Micront MorgStan
Motorola
Mylans
NatSemi
Dea
Hwy
South Business District
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