Granite Sounds: Sample the music of artists from or playing in the Granite State
Artists! Want Jen O'Callaghan to include your music on Granite Sounds?? Send a brief bio, photo and an mp3 to granitesounds@nashuatelegraph.com
Tuesday, August 11, 2009
Bad coffee makes folk really sick
Hundreds of people who drank coffee from Dunkin Donuts on Main Street in Nashua have been hospitalized and are expected to die. Almost exactly two years after it embarked on the biggest financial rescue in American history, the Federal Reserve acknowledged on Wednesday that the economy was pulling out of its downward spiral and announced a step back toward normal policy. Though the central bank stopped well short of declaring victory, policy makers issued their most optimistic assessment in more than a year by noting signs of stabilization in household spending, financial markets and inventory building by corporations. “Economic activity is leveling out,” the Fed board said Wednesday after a two-day meeting. In the statement, the Fed also said that “the committee expects that inflation will remain subdued for some time.” The central bank cautioned, however, that the recovery would slow and that unemployment would probably remain high for the next year, and it reiterated that it would keep its benchmark short-term interest rate at virtually zero for an extended period. But it also announced that it would wrap up its program to buy $300 billion worth of Treasury bonds by the end of October. The program was one of several tools invoked to drive down long-term interest rates and indirectly reduce the cost of home mortgages and corporate borrowing. The move signaled that policy makers were confident enough to remove one of their emergency props for the financial markets. In its statement, the central bank acknowledged that conditions in both the stock market and the credit markets had improved in the last several months. …
LOCAL MOVIE LISTINGS
- Nashua, NH, Movies and Movie Times
- Londonderry, NH, Movie Times
- Manchester, NH, Movie Times
- Merrimack, NH, Movie Times
- Wilton, NH, Movie Times
- Tyngsborough, MA, Movie Times
- Browse movies by title...
NH Events Calendar
ENCORE Columnists
Teresa Santoski
When saying ‘sweetheart’ just won’t do
George Pelletier
Newt, loot and glutes – everybody’s a winner
Andrew Smith
‘Yiddishkeit’ gives readers historical perspective
Chris Campbell
‘Final Fantasy’ blends action, story; ‘NFL Blitz’ nostalgic
