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Deanna Garcia / 90.5 WESA

Former city police Chief Nathan Harper has pleaded guilty to federal charges that he conspired to steal police funds deposited into unauthorized credit union accounts and willfully failed to file income tax returns.

The guilty plea was entered Friday in a hearing before U.S. District Judge Cathy Bissoon and is the latest incident in a remarkable fall from grace for Harper who joined the city's police force in 1977 and rose through the ranks before being appointed chief in 2006 by Mayor Luke Ravenstahl.

Harper, who is 60-years-old, will be sentenced Feb. 25.

Officials with Edinboro University say the school won't cut bachelor degree programs in music and music education as it works to address a budget deficit. In July, the state system of higher education school had said that it might cut the music programs because there were only 70 students enrolled in them. Now, the school's interim provost and vice president for academic affairs, Michael Hannan, said the music department will not be cut, but will be restructured a bit.

Americans Eugene Fama, Lars Peter Hansen and Robert Shiller won the Nobel prize for economics on Monday for developing new methods to study trends in asset markets.

The Royal Swedish Academy of Sciences said the three had laid the foundation of the current understanding of asset prices.

While it's hard to predict whether stock or bond prices will go up or down in the short term, it's possible to foresee movements over periods of three years or longer, the academy said.

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