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Lacker Says Fed Should Avoid Favoring Specific Credit Markets

Posted by on Jan 31st, 2009

Feb. 1 — Richmond Federal Reserve Bank President Jeffrey Lacker said the U.S. central bank should avoid favoring specific credit markets such as mortgages and consumer loans and instead boost the money supply with more “neutral” purchases of Treasuries.

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OUR OPINION: Stimulus plan needs less pork, more passion

Posted by on Jan 31st, 2009

Giddy from the rush of their party’s new power, House Democrats overreached.

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Working for donations

Posted by on Jan 31st, 2009

First-, second- and third-graders at Harbor View Elementary didn’t just donate toys to the Spark of Love drive at a nearby fire station; instead of a plain-old holiday party, they took a field trip and walked over there together. And they didn’t just get their parents to buy toys; they had to earn the money themselves by doing chores.

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Students win with stocks

Posted by on Jan 31st, 2009

As expert investors hemorrhaged money in the late 2008 stock market, high schoolers in Horry and Georgetown counties were able to turn a modest profit. Horry County Early College High School sophomore Ashton Butler placed first in the state’s Hootie & the Blowfish version of the Merrill Lynch stock market game

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Poll reflects money woes

Posted by on Jan 31st, 2009

Poll reflects money woes Layoffs, foreclosures and seemingly endless headlines on the tanking economy are taking their toll on Americans’ psyches and habits, one recent survey found. The poll, by insurer Country Financial, found that 75 percent of adults surveyed said the issue of money and the economy were very or somewhat stressful topics for their families. Respondents ages 18-29, the …

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Adult films are where the money is

Posted by on Jan 31st, 2009

Silly me, earning minimum wage by stacking books at the library. Turns out, literature is great – but not where the money is. I used the library for the only thing it’s good for – tidbits of wisdom – and checked out the essay “Big Red Son” by David Foster Wallace.

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More plead guilty in SK Foods conspiracy

Posted by on Jan 31st, 2009

The dominos continue to fall for SK Foods, a Monterey-based tomato processing business with a shipping plant in Lemoore, as more members of the food industry are admitting to participating in a decade-long price-fixing scheme that affected businesses across the country.

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Woman with six having eight more raises debate over multiple births

Posted by on Jan 31st, 2009

W HITTIER, Calif. | How in the world does a woman with six children get a fertility doctor to help her have more — eight more?

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Cedar Rapids residents call for more flood recovery communication

Posted by on Jan 31st, 2009

Cedar Rapidians want their city rebuilt and built better.”Cedar Rapids could be a showcase,” said Greg Stokesberry, who lost his business in Czech Village to the June flood. “I hope the powers that be are astute enough to seize the opportunity.”More than 200 area residents came and went through the Grand Ballroom of the Crowne Plaza Five Seasons Hotel on Saturday to have their say at the second …

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Red Cross In Need Of Money, Blood Donations

Posted by on Jan 31st, 2009

Red Cross representatives say the organization is in desperate need of blood and money.