Last month, I said it was smart when Cincinnati-based Kroger placed broad terms on its bid to pick up some of the economic stimulus money that's showing up in shoppers' hands this week. While Sears/Kmart offered a 10 percent bonus only if you handed them your whole stimulus check, Kroger...
I made that pronouncement in my previous posting and now I'm being challenged to explain what I mean. I relish the opportunity. This is more than a one- or two-quarter recession. This is the end of a nearly 30-year cycle that started when Ronald Reagan took office...
Regional differences in action potential duration APD restitution in the heart favor arrhythmias, but the mechanism is not well understood. The paper depicts that Regional differences in APD restitution are an arrhythmogenic substrate that can be concealed at normal heart rates. A premature stimulus produces regional differences in repolarisation, and...
Utah County homeowners may have inadvertently been shortchanged in this year's economic-stimulus package, due to standards for home loans that were revised earlier this spring. In March, the federal government raised the limits for loans that can be purchased by mortgage companies Fannie Mae and Freddie Mac...
David Cameron has warned that an incoming Tory government might be forced to raise taxes because the economy will be in a dire state after the next election. The Conservative leader also hinted that he might scale back Gordon Brown's flagship tax credits scheme. He warned that...
WASHINGTON -- The U.S. economic downturn gained steam Tuesday, with a report of the highest inflation since the early 1980s, more bad news for banks and automakers and a suggestion by the Federal Reserve chief that worse days are ahead. President Bush sought to bolster confidence by...
HOUSTON -- Bonanza Oil and Gas, Inc. (OTCBB:BGOI), a Nevada Corporation and an independent oil and gas company, is pleased to provide an update on its Apclark project located in Borden County, TX. The Everett # 7 well, the second in a series of fourteen (14) horizontal and...
Additional 5% Use Money to Avoid Foreclosure or Bankruptcy ATLANTA, July 15 /PRNewswire/ -- A survey of 3,004 persons across the United States who receive financial counseling from a national nonprofit agency found that 29.4% used funds from their tax stimulus check to pay for everyday expenses,...
FORT WORTH, Texas -- RANGE RESOURCES CORPORATION (NYSE:RRC) today provided an operational update on its activities in the Marcellus Shale play located in the Appalachian Basin. John Pinkerton, Range's Chairman and CEO, said, "With more than 100 wells drilled in the Marcellus Shale, including 20 horizontal wells, we...
BOSTON, July 14 /PRNewswire/ -- -- 81% feel we are in an economic recession -- 78% feel economic stimulus checks are useless -- 86% say the federal government is doing "nothing" or "little" to help small businesses -- Labor costs and inflation...
According to Kim Shinkoskey (Readers' Forum, July 9) the Economic Stimulus Plan was a scheme by President Bush to buy votes for the Republican Party and the war in Iraq. Actually, the Economic Stimulus Act of 2008 was an act of Congress. It was a bipartisan effort and therefore required...
I disagree with Kim Shinkoskey's perception of the economic- stimulus plan (Readers' Forum, July 9). There is actually sound economic reasoning behind it. The theory is that by putting money in everybody's pockets they will be motivated to make purchases, which - - in turn -- will put money in...
WASHINGTON -- U.S. Department of Energy 11:38 A.M. EDT THE PRESIDENT: I want to thank the members of my economic team for assembling here at the Department of Energy. Secretary Bodman, thank you for hosting us. First of all, Secretary Paulson came by this morning to...
WASHINGTON -- The National Association of Home Builders NAHB today applauded the Senate for voting overwhelmingly to pass badly needed housing stimulus legislation and called on the House to move quickly to complete action on the bill to address the faltering housing market and economy. "The Senate action...
NEW YORK -- Shoppers, enticed by heavy discounts and armed with rebate checks, spent freely in June, helping to lift retailers' sales. The outlook for the back-to-school season remains tough, though, as consumers confront high gas and food prices, a slumping housing market and tighter credit. The...
Modest near-term movement is expected in existing-home sales, with a recovery in sales expected in the second half of the year, according to the latest forecast by the National Association of Realtors NAR. The forecast states the Pending Home Sales Index PHSI, a forward-looking indicator based on...
MATTHEWS, N.C. -- Family Dollar Stores, Inc. (NYSE: FDO) reported that net sales for the five weeks ended July 5, 2008, increased 10.7% to $715.0 million compared with $645.8 million for the five-week period ended July 7, 2007. Comparable store sales for the June period increased 8.0%. The Company had...
In possibly the most brazen vote-buying scheme ever attempted, President Bush sent several hundred dollars to each voter just before the presidential election under the guise of stimulating the economy. The economic-stimulus plan is really a political-stimulus plan for the Republican Party and the war in Iraq....
Democrats are considering a second economic stimulus measure this year that may include more spending on food stamps and infrastructure projects, said Senate Majority Leader Harry Reid. Reid said he would discuss the idea with House Speaker Nancy Pelosi. "It's going to be really...
In a week devoted to cures for our growing economic ills, Barack Obama made the conventional political promise: To every "middle-class" American, a chicken in every pot, paid for by someone else. The ambitious Obama economic agenda laid out in St. Louis includes: More tax money...
