The Federal Reserve Board raised interest rates Tuesday by a quarter percentage point, but low mortgage rates are holding steady, and the housing market is still booming.
Last year, mortgage rates dipped below 6 percent for the first time in national history. According to Freddie Mac mortgage market surveys, the average rate on a 30-year fixed-rate mortgage in 2003 was 5.83. So far in 2004, the average rate on a 30-year fixed-rate mortgage is 5.89.
ATHENS, Greece — In an upset as historic as it was inevitable, Tim Duncan, Allen Iverson and the rest of the U.S. basketball team lost 92-73 to Puerto Rico on Sunday, only the third Olympic loss ever for America and its first since adding pros.
It was by far the most lopsided defeat for a U.S. men’s team.
The life story for Dr. Jon Meese listed an incorrect date for the services. Services will be at 2 p.m. Saturday.
Boone County Sheriff’s Deputies have arrested a man in connection with a Sunday afternoon robbery at a Columbia convenience store. Sheriff’s deputies arrested John J. Day of Boonville at 2:43 p.m. Sunday in connection with a robbery that occurred about 45 minutes earlier at Break Time, 2402 N. Paris Road.
According to a release issued by Columbia Police Sgt. Kenneth Smith, Columbia police responded to a reported robbery at the store around 2 p.m. Police said the suspect, armed with an assault rifle, robbed the store and fled in a maroon Chevrolet Lumina van.
Columbia police officers responded to a report of an attempted robbery at about 10:30 p.m. Saturday in the 2700 block of Quail Drive.
According to a release issued by Columbia Police Sgt. Lloyd Simons, the suspect implied he had a weapon and demanded the victim’s wallet. Police said the victim, a 53-year-old Columbia resident, tried to distract his attacker but was hit in the face. The victim, police said, then fled to his residence, and the suspect walked off to the north without any of the victim’s property.
Almost 100 years ago, the Kress Co. opened what was known as a “Five and Ten Cent” store in downtown Columbia and, for decades, traded in everything from clothing to candy.
On Friday — weeks away from its latest incarnation as a dueling piano bar - the Kress building went before the Missouri Advisory Council of Historic Preservation in a bid for placement on the National Register of Historic Places.
PUNTA GORDA, Fla. — Rescuers rummaged through a chaotic landscape of pulverized homes and twisted metal Saturday, racing to tally Hurricane Charley’s “significant loss of life” and help thousands left homeless by its vicious winds and rain. At least 13 people were confirmed dead.
As a weakened Charley churned into the Carolinas and was downgraded to a tropical storm, newly sunny skies revealed its destruction in Florida, where emergency officials pronounced it the worst to wallop the state since Hurricane Andrew tore through in 1992. Twenty-six deaths were directly linked to Andrew, which caused $19.9 billion in damage.
BOLYE COUNTY, Ky. — For the 800 residents of Perryville, Ky., life goes on.
The stoplight on Highway 68 — one of two in town — still switches from red to green to yellow and back to red again.
Derek Biddle was 11 when he met a mysterious Cherokee woman in his hometown of Rocheport. It was the summer of 1998, and the American Indian was accompanying Glen Bishop, the founder of the Lewis and Clark Discovery Expedition, while he recruited men for the upcoming expedition to mark the bicentennial of the original explorers’ trip up the Missouri River.
“I spent the entire day with her,” Biddle said. “Before I left, she gave me a white mink skin and said that she would see me on the 2004 trail of Lewis and Clark.”
An increase of more than $325,000 for the development of sidewalks and pedways, particularly downtown and in areas of the First Ward, is part of City Manager Ray Beck’s proposed budget for fiscal 2005.
Bringing the city into compliance with the Americans with Disabilities Act is a top priority, said John Glascock, chief engineer for the Public Works Department. Even downtown is still missing wheelchair cuts and ramps in some places, he said, adding, however, that the city always has “money in the budget for downtown and the First Ward: They’re the oldest parts of town.”
For Danielle Sipi of Jefferson City, life has been all about a yellow ribbon for the past six months.
“We never thought it would be that big,” Sipi said. “It’s taking over our lives.”
Four years after her divorce, Ha Tran, 50, continues to have trouble trusting people. After 30 years of marriage, she started to lock herself up emotionally. Though she is social, she has difficulty establishing serious relationships. She hadn’t taken a vacation in years.
It took a lot of convincing from her friends to get her to leave Morris County, N.J., and travel more than 1,200 miles to a small city in southwest Missouri. The occasion was a four-day celebration last weekend honoring the Virgin Mary and the Vietnamese Martyrs.
I’ve written about my hair troubles in the past and as the older I get they don’t seem to get any better. When I spotted the first gray hair I dashed to the beauty parlor (now called a salon) and had the offensive strand dyed (the pc word is colored, but that makes me think of crayons.) I’ve been covering up the gray for almost two decades now, and it’s winning. At first I would have it colored every few months, then every six or eight weeks. Now I have a standing monthly appointment. I hate the process. I sit before the mirror while the stylist sections off my hair with a comb and then with a paintbrush coats each section with a thick paste that turns black almost immediately. By the time she’s finished with the first step I look as if a bucket of tar has been dropped on my head. Then I have to wait for a half hour while the solution “cooks.” About 10 minutes into the cooking part, my head begins to itch, but scratching is a no-no unless I want permanent dye on my fingers. By the time the 30 minutes is up, the stuff on my hair is as hard as a brick. Then it’s time to wash the excess out of my hair. This is also the time she reaches for some potent liquid to remove the dye that has remained on my face and neck. Whatever she uses removes any makeup in its way and leaves bright red blotches on my skin. The final step is cutting and styling my hair. The entire process takes about two hours, and I’ve learned to bring a book and a makeup kit.
Over the years, the hair that isn’t gray has become a mousy brown — not the rich brunette that I hated growing up. So recently I decided that I wanted to be a redhead.
A story about a genealogy conference on page 7A Thursday should have said consumption is the outmoded name of tuberculosis of the lungs, not cholera.
MU officials will appear in front of the National Collegiate Athletics Association’s Committee on Infractions in Seattle today to discuss the NCAA allegations levied against the men’s basketball program in May.
University of Missouri system President Elson Floyd, athletics director Mike Alden, basketball coach Quin Snyder and members of an MU investigatory team are among those who made the trip.
Three police officers and two firefighters are among the 25 new employees the Columbia City Council should authorize for fiscal year 2005, according to a budget proposed by City Manager Ray Beck.
The new positions, which run the gamut from public safety to vehicle maintenance to public works engineers, would cost the city about $1.16 million, said Robert Ross, spokesman for the city. The city council will consider Beck’s recommendations over the next several weeks as it holds work sessions and public hearings on the budget, a final version of which will take effect Oct. 1.
Under a hide-and-seek sky of sun and swift-moving clouds, Jennifer Sanders and her family enjoyed the cool weather Thursday as well as changes to Stephens Lake Park.
Sanders came to the lake often as a child, and now that it has reopened, she brought her children, nieces and nephews.
As customers perused through his finished product, Kenny Cook stitched together a teddy bear made of red fox fur. By the middle of Thursday afternoon, the first day of the National Trappers Association’s 45th Annual Convention, Cook had finished five bears made from raccoon, coyote and red fox.
Cook, who lives in California, Mo., has been sewing fur accessories for more than 22 years. He was a dairy farmer who added fur sales for extra income. But he had a marketing problem.
Nicole Lawrent of Columbia leaned against the gated fence Thursday morning surrounding the practice arena for horses at the Missouri State Fair, watching intently as other riders took their steeds through their paces.
Lawrent, 16, was at the fair with her Arabian, Cozmo, to compete later in the evening for Stephens College in the Saddle Seat Arabian Country Pleasure category.
Friday through Sunday a statewide sales tax holiday for some back-to-school items will allow shoppers to take a slightly smaller hit to the pocketbook, but shoppers in Columbia and Boone County won’t save as much as those in some other Missouri cities.
Missouri will lift its 4.22 percent sales tax on clothing items, school supplies and computer software and supplies under a certain dollar amount. Each individual item of clothing cannot exceed $100 to receive the tax break, but there’s no limit on the total for clothing purchases. For computer and school supplies, the total purchased amount cannot exceed $2,000 and $50, respectively.