Keyword: economy

  • CDI Won't Renew NTRA Membership for 2010

    Churchill Downs Inc., operator of four major racetracks in the United States, has informed the National Thoroughbred Racing Association via letter it won't renew its membership for 2010.

  • Irish Racing Funding Cut Due to Economy

    Horse Racing Ireland announced Nov. 20 a series of budgetary measures for 2009, including a reduction in prize money, a freezing of grant aid to organizations supported by HRI, a pay freeze for HRI staff and restrictions on racecourse capital development projects.

  • Hip 3238; filly; Tiznow - Katz Me If You Can by Storm Cat, topped day 9 of the Keeneland September yearling sale with a final bid of $400,000.

    Consignors: Business Down, But Not Out

    After its ninth day, which produced a session-topper of $400,000, the marathon Keeneland September yearling sale business-wise remained down. But given recent developments on Wall Street, overall economic stagnation, and the aftermath of hurricanes, things could be much worse, consignors said.

  • Recession Not Always Bad Sale News

    A popular definition for a recession is a decline in a country's gross domestic product for two or more consecutive quarters in a year. So far, that hasn't happened in the latest economic downturn, but there is plenty of bad financial news around concerning gas prices, home values, and job losses

  • Commentary: Let's Get Fiscal

    <i> By Richard Zwirn</i> - While not an economist, it was clear that these are difficult fiscal times. Costs for just about all goods and services have risen dramatically.