Fed Widely Expected To Hold Rates Amid Economic Slowdown Nasdaq
(RTTNews) - Notwithstanding the recent hawkish comments of Fed Governors and the Fed Chairman Ben Bernanke himself, the markets have priced in a pause in the December Fed meeting and a rate cut in the first half of 2007. Economic readings have been supportive of the markets' convictions by suggesting that the economy is slowly slipping into a contraction phase.
People in business Tennessean
MMA Creative , an advertising and marketing firm, received Davey Awards for two Web sites it designed: Bredesen.com and NelsonBibles.com. The Web sites were recognized for their creativity, user experience and overall quality.
Winn-Dixie foundation donates $175,000 bizjournals.com via Yahoo! Finance
The Winn-Dixie Stores Foundation will give $25,000 to each of seven Jacksonville-area nonprofits.
Reports say gap growing in economy Detroit Free Press
Two economic reports issued this week highlighted the gap opening between the nation's stagnating manufacturing segment and the service sector, which continues to show unexpected zip. "The service sector is not as weak as expected, and is performing vastly better than the manufacturing sector," said Wachovia economist Sam Bullard.
Midday Business Report: KC man indicted in odometer fraud inquiry Kansas City Star
A Kansas City man has been indicted by a Jackson County grand jury in connection with an ongoing odometer fraud investigation by Missouri Attorney General Jay Nixon.
Economy beats predictions The Salt Lake Tribune
Two economic reports issued Tuesday highlighted the gap opening up between the nation's stagnating manufacturing segment and the service sector, which continues to show unexpected zip. ''The service sector is not as weak as expected, and is performing vastly better than the manufacturing sector,'' said Wachovia economist Sam Bullard.
New Building Design+Construction Report Assesses Financial Advantages of 'Green Buildings' Business Wire via Yahoo! Finance
OAK BROOK, Ill.----"Green Buildings and the Bottom Line," a 64-page "White Paper" that assesses the financial costs and benefits of environmentally sustainable buildings, is now available online from Building Design+Construction.
Supervisors approves loan for elementary school Culpeper Star-Exponent
At a glance Below is a list of banks that submitted interest rate bids to the county’s request for short-term loans for the new elementary school. 1. RBC Centura: 3.49% 2. Patriot Bank: 3.50% 3. Sun Trust: 3.55% 4. Second Band & Trust: 3.71% 5. Wachovia Bank: 3.89% 6. Branch Banking & Trust: 3.90% 7. First Bank & Trust: 3.97%
PRAISES MORGAN AS PRESIDENT: Chamber chairman to keep focus on growth The Charlotte Observer
National Gypsum CEO Tom Nelson took over Wednesday night as chairman of the Charlotte Chamber before a crowd that may have surpassed 2,000.
Phantoms Weekly OurSports Central
Friday, December 8 - Phantoms vs. Chicago, 7:05: The Chicago Wolves (Atlanta Thrashers) make their only trip of the season to the Wachovia Spectrum on Friday night.

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