Greenspan signals Fed may cut rates to shield U S from global crisis
Federal Reserve Chairman Alan Greenspan said the Fed could cut U S interest rates to prevent a recession as global financial stress grows. He noted dislocations abroad could feed back into U S markets, signaling a policy shift though a rate cut was not guaranteed at the next meeting.
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San Francisco
Federal Reserve
Alan Greenspan
U.S
Japan
Greenspan
Fed
United States
Asia
Lynn Reaser
Nationsbank Corp
Jacksonville
Fla
David Jones
Aubrey G. Lanston & Co
New York
Fed W
Jones
Miyazawa
Federal Reserve Board
Murder charges dropped against two boys in Harris case
In Chicago a stunning reversal led Cook County prosecutors to drop charges against two boys aged seven and eight accused of murdering 11-year-old Ryan Harris after tests showed semen on her underwear. The judge dismissed the case as defense lawyers praised the exonerating test results and called for videotaped interrogations.
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Chicago
Cook County
Ryan Harris
Patty Ludendorf
Andrew Berman
America
Ludendorf
Stadius
Ferguson
Elizabeth Tarzia
Richard Devine
Pincham
Devine
Ryan
Weather Outlook Card Says Mostly Clear Through Weekend
RSE Sonight mainly clear with a Sunday of partial sun and a breezy day. Monday and Tuesday forecast partly sunny with highs around 75 and 70 and lows in the 50s.
Million Youth March Faces Narrow Path in New York City
In New York City the Million Youth March begins amid mixed views as organizers anticipate about 50 000 participants in a six block corridor along Harlem’s Malcolm X Boulevard. A federal court allowed the event to run up to four hours despite city objections with some subway closures noted.
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Harlem
Malcolm X
Manhattan
Police probe serial killer Kendall Francois home
Police widened a search of Kendall Francois s residence in Poughkeepsie after eight bodies were found in the home s attic basement and crawlspace. Prosecutors indicted Francois on second degree murder for the strangling of 25 year old Catria Newmaster.
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Poughkeepsie
Kendall Francois
Pesanere
Audrey Pugliese
Westchester County
Francois
Catria Newmaster
WUC
Sue
Wiliam Grady
Air Force seeks clues in crash of choppers near Area 51
At Nellis AFB Nevada two HH 60G Pave Hawk helicopters crashed during a night training mission near the Pintwater Mountains and Area 51. All 12 aboard died and wreckage covered a wide area as investigators search for causes. The crash marked the 22nd major Air Force aviation accident of the fiscal year.
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Nev
Air Force
Nevada
Nevada Desert
Area 51
Pintwater
Theodore Lay
57Th Wing
Nellis
Lay
al Gore
Richard Covington
66Th Rescue Squadron
Turkey
Southeast Asia
Iraq
Neils Range
Las Vegas
Indian Springs
Ar Force
Groom Lake
Roswell
N.M
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