share: digg facebook twitter When their two-day meeting ends Wednesday, before the news conference begins, Bernanke and his colleagues are expected to signal that the Fed's $600 billion Treasury bond-buying program will end as scheduled in June. [...] critics say increased spending has raised the risk of high inflation. Since the Fed announced the economic-support program in November, the economy has improved. A vocal minority, including the Fed regional chiefs in Philadelphia and Minneapolis, say the Fed may need to raise interest rates by the end of this year to fight inflation. Bernanke has predicted that the jump in oil and food prices will cause only a brief increase in consumer inflation. "Even people as smart as Bernanke are human and sometimes make slips," said Alan Blinder, a Princeton economist and former Fed vice chairman. Bernanke, who's spent most of his professional life in academia teaching economics at Princeton and other institutions, likes explaining complex subjects. Economic growth likely slowed sharply in the January-March quarter as bad weather and a spike in oil prices weighed on consumer and business spending. Alliant Techsystems Inc. has received a contract to develop a precision grenade launcher called the XM25 Individual Semi-Automatic Airburst System worth $65.8 million. NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- CheapOair launched two additions to its site, the Top 50 Destinations and the Top 25 City Pairs pages. The lists tally travel trend data on the Top 50 Destinations and Top 25 Travel Routes most searched by customers on CheapOair.com as well as the lowest fares to those cities. Each Tuesday morning the lists are updated so it's easy to stay in touch with current hot spots - both domestically and internationally. Workers clear snow from the seats Monday at Lincoln Financial Field in Philadelphia. (Reuters) _Tribune News Services_ PHILADELPHIA -- While the Minnesota Vikings ate cheesesteaks and acted like tourists, the Philadelphia Eagles savored a division title they clinched from their couches. Both teams had to wait another day to play the first NFL game on a Tuesday in 64 years. The Vikings-Eagles game was switched from Sunday night to Tuesday night because of a winter storm before any snow had even accumulated. About a foot of snow fell on Philadelphia, though less than 5 inches was on the ground before the scheduled kickoff at 8:20 p.m. EST. By Monday morning, it was bright and sunny at Lincoln Financial Field. But the league had already postponed the game because of the uncertainty of the forecast.On Monday, the Eagles held their typical walkthrough a day before a game, then checked into a team hotel. The Vikings took the field first for a workout at the Eagles' practice facility and returned to their downtown hotel. Many players thought the game should have been played Sunday night. So did Pennsylvania Gov. Ed Rendell, who said Vince Lombardi would be "mocking us" for the ... _Tribune News Services_ MINNEAPOLIS -- Workers were close Wednesday to clearing the remaining snow and ice from the roof of the Metrodome, which would allow more substantial repair work to begin nearly two weeks after a blizzard caused extensive damage to the home of the Minnesota Vikings. But Bill Lester, executive director of the Metropolitan Sports Facilities Commission, said it's still not clear how long total repairs would take, including whether it would involve replacing damaged pieces of the roof or replacing it entirely, and how much the repairs would cost. With the Vikings finished with their home schedule this year, repairs now likely to stretch well into the new year are less urgent. It still means cancellations or postponements for a number of major events scheduled for the stadium. Among them are a popular New Year celebration by the state's Hmong community, a home and landscape expo, and potentially a monster truck rally and a popular annual Minnesota Twins expo. Lester said members of the events staff at the Metrodome are already working with Dome users scheduled through the end of January on setting alternate plans and that could extend even further. The long-running and well-attended "TwinsFest" ... Fans brave snow and sub-freezing temperatures Monday at TCF Bank Stadium in Minneapolis. (Brian Cassella/Tribune) **The Minneapolis Star Tribune reports:** Vikings owner Zygi Wilf would like to make outdoor home games a way of life in Minnesota. "Football should be played outdoors,and for the Vikings in the past, the weather has given the Vikings a big advantage," Wilf said before the Bears' 40-14 victory Monday at TCF Bank Stadium. Wilf met Monday with NFL commissioner Roger Goodell and expressed his enthusiasm for a new open-air stadium for the Vikings. **Get the full story: **StarTribune.com _By Brad Biggs _ MINNEAPOLIS -- Snow was falling in the Twin Cities area at midday Monday and the area was bracing for the largest storm since a combination of snow and ice caved in the Metrodome roof on Dec. 12. Local weather reports call for a total of up to eight inches of snow, and more than half of that could be on the ground before the 7:30 p.m. kickoff between the Bears and Minnesota Vikings at TCF Bank Stadium. The chances are very good the Bears will play in the snow for the second consecutive week. It didn't work out so well for them last Sunday when they were drubbed by the New England Patriots 36-7 at Soldier Field. Monday marks the 29th anniversary of the last outdoor home game played by the Vikings at old Metropolitan Stadium. Commissioner Roger Goodell will attend the Bears-Vikings game. He is meeting with local government officials Monday and a new stadium initiative for the Vikings no doubt will be the primary topic of conversation. **The Minneapolis Star Tribune reports:** Asked about the advantage that cold- weather teams enjoy when playing outdoors, Vikings coach and former Bears cornerback Leslie Frazier recalled the 1985 NFC championship game at frigid Soldier Field. "When (the Bears) played the Rams in that championship game, I can remember (Rams tackle) Jackie Slater coming up to me before the game and saying, 'Man, you guys need to get a dome over this place.' " Frazier said in advance of Monday night's Bears-Vikings outdoor game at TCF Bank Stadium. "Immediately I knew in pregame, he ain't thinking about winning no football game, he's thinking about the cold. It was a cold, cold day in Chicago." **Get the full story: **StarTribune.com From California to Germany, wild winter weather is bringing travel to a halt as the holidays approach. NBC's Mike Seidel reports from Minneapolis, Minn. (TODAY show)
Key Words: minneapolis weather
References:
http://www.seattlepi.com/news/article/Fed-weighs-next-move-Bernanke-to-meet-the-press-1354036.php
http://www.zacks.com/blog/post_detail.html?t=50218
http://www.send2press.com/newswire/2011-03-0302-005.shtml
http://www.chicagobreakingsports.com/2010/12/on-any-given-tuesday-vikings-wait-to-test-eagles.html
http://www.chicagobreakingsports.com/2010/12/workers-still-clearing-snow-ice-from-metrodome.html
http://www.chicagobreakingsports.com/2010/12/vikings-owners-pushing-for-new-open-air-stadium.html
http://www.chicagobreakingsports.com/2010/12/heavy-snow-expected-before-bears-vikings-kickoff.html
http://www.chicagobreakingsports.com/2010/12/vikings-frazier-knows-cold-can-be-an-advantage.html
http://www.msnbc.msn.com/id/21134540/vp/40748631#40748631
http://pixelhat.net/
Tuesday, May 10, 2011
Fed weighs next move; Bernanke to meet the press Alliant Awarded $65.8M Army Contract Analyst Blog CheapOair Introduces Travel Trend Data On any given Tuesday Vikings wait test Eagles Workers still clearing snow ice from Metrodome owners pushing for new openair stadium Heavy expected before BearsVikings kickoff Vikings' Frazier knows cold can be an advantage Video Winter weather chaos spans globe
