Stocks slide as US growth estimate trimmed in Q3
The Commerce Department revised U S growth to a 2 percent annual rate for July through September, down from 2 5 percent and missing economists expectations. The Dow fell 53.59 points to 11 493 72 led by Alcoa as markets worry about Europe’s debt crisis and potential U S credit rating effects from a budget impasse. Monday’s drop followed congressional deadlock over deficit cuts fueling fears of automatic spending reductions.
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Grain futures rise on CBOT with mixed gains
Grain futures advanced Tuesday on the Chicago Board of Trade led by soybeans and wheat while corn and oats posted smaller gains. Wheat for December up 2.50 cents to $5.94 a bushel, corn at $5.99, oats at $3.0350, soybeans for January at $11.53.
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Closing stock prices spark mixed NYSE activity
New York stock listings show AES, AT and BP among notable movers with varied gains and losses. Major names including Alcoa, Caterpillar, Exxon, Ford, Disney, Microsoft, JP Morgan, and General Electric appear with price changes reflecting uneven investor sentiment on Tuesday.
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Luechtefeld questions Illinois plan as Murphysboro fate looms
Murphysboro workers face layoffs with 18 openings at Harrisburg and Pere Marquette youth facilities and 158 adult-prison vacancies nearby. Juvenile advocates back closing the 156-bed youth center, arguing many offenders could be served in community settings with better treatment options. Luechtefeld cites funding as the deciding factor.
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Herrin prepares community Thanksgiving dinner tradition endures
Herrin attorney Mann leads a decade long push to revive the town Thanksgiving meal at the Civic Center. 800 to 1,000 guests are expected with dine in 10 a.m. to 2 p.m. and takeout options. Volunteers coordinate turkey prep, cooking, and delivery for homebound guests, with support from Newman Center and Knights of Columbus groups.
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Clinton County
Carbondale
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