The Delaware Gazette

Olentangy saves $260K with insurance broker switch

DG243294_web_olentangy1

The Olen­tangy Local School Dis­trict will save about $260,000 a year by switch­ing health insur­ance bro­ker ser­vice companies.

US stocks fall on European economic, debt worries

NEW YORK — Wor­ries about Europe’s eco­nomic and debt prob­lems sent stocks Tues­day to their first loss in four days. The major indexes bounced up and down in another volatile day. The Dow Jones indus­trial aver­age fell more than 120 points in the first half hour of trad­ing after a report showed that Germany’s econ­omy stalled last quar­ter and dragged down growth for Europe.

Shoppers lift economy but will they keep spending?

WASHINGTON — The econ­omy might not be on the brink of another reces­sion after all. Con­sumers, who drive most eco­nomic growth, spent more on cars, fur­ni­ture, elec­tron­ics and other goods in July — and more in May and June than pre­vi­ously thought. That burst of activ­ity is encour­ag­ing because it shows many Amer­i­cans were will­ing to spend despite high unem­ploy­ment, scant pay raises, steep gas prices and dimin­ished wealth. If it keeps up, the econ­omy might rebound after grow­ing at an annual rate of just 0.8 per­cent in the first half of 2011.

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