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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Sep 07, 2011
Page
7
NYSE lists top movers with JPMorgan Chase, AT&T, and Intel headline trading. Maersk, Pfizer, ExxonMobil, and General Electric show notable price shifts as investors chase gains across sectors and indices.
Stockyards Peoria hogs show moderate activity with barrows and gilts steady. 1-2 230-260 lb fetch 54.50 to 55.00, 2-3 270-280 lb 53.00 to 54.50. Sows steady across weights from 60.00 to 63.00 depending on weight. Boars: over 300 lb at 21.00, under 300 lb at 35.00. Associated Press.
Chicago grain futures moved up early on the Chicago Board of Trade as December wheat slid 19 cents to 7.5650 a bushel, December corn fell 12.50 cents to 7.4750, December oats held at 3.69, and November soybeans dropped 30.75 cents to 14.15 a bushel.
The United States faces a rising poverty tide driven by 18 to 64 year olds, with the working poor making up about 60 percent of the impoverished. High unemployment and stagnant wages for low skilled workers push millions into poverty, a trend likely to keep growing through 2012 as census data and economic reports frame policy debates. The report notes 14.3 percent poverty and 43.6 million people, with examples like Richard Bowden, 53, of southeast Washington, relying on food stamps, disability, and other aid after job loss.
In New York Bank of America announces leadership changes as two officers exit and two insiders share the chief operating officer role. Sallie Krawcheck and Joe Price depart while David Darnell and Tom Montag become co chiefs. Darnell heads consumer units. Montag leads banking markets and institutional services.
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