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Breaking News

Wholesale Prices Jump in January

Bill Jefferson @ February 26, 2008 # No Comment Yet

Battered by bad economic news, consumer confidence plunged while wholesale food, energy and medicine costs soared, pushing inflation up at the fastest pace in a quarter century.The Labor Department said Tuesday that wholesale inflation jumped by 1 percent in January, more than double the increase that analysts had been expecting.
Meanwhile, the New York-based Conference Board […]

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Senate Is Set to Vote on Economy Package

Bill Jefferson @ January 31, 2008 # No Comment Yet

The Senate is set to begin voting on dueling economic aid proposals, as senators rush to add jobless benefits and tax rebates for high earners, the elderly, and disabled veterans to a House-passed package.
Senate Democrats and some Republicans are teaming up to tack $32 billion onto the House measure with a bill that would send […]

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New York’s Presidential Primary

Bill Jefferson @ January 31, 2008 # No Comment Yet

Facts and figures about the Feb. 5 presidential primary in New York state:
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Delegates at stake: Democratic 232; Republican 101.
Polls open: In New York City and the counties of Nassau, Suffolk, Westchester, Rockland, Orange, Putnam and Erie, polls open from 6 a.m. to 9 p.m. EST. In all other counties, polls open at noon and close […]

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Today on the Presidential Campaign Trail

Bill Jefferson @ January 31, 2008 # No Comment Yet

Democrat John Edwards ends bid for the White House … Giuliani, a contradiction within GOP, to bow out of presidential race … Obama attacks Clinton as calculating and divisive figure who votes with the GOP … Romney jokes about spending all his money in 2008 race … Nader launches 2008 exploratory presidential bid with appeal […]

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Fed May Cut Interest Rates Again

Bill Jefferson @ January 29, 2008 # No Comment Yet

Individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy.Fed Chairman Ben Bernanke and his colleagues are scheduled to open a two-day meeting Tuesday afternoon to plot their next move on interest rates. The closed-door gathering comes amid growing fears […]

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Durable Goods Orders Rise by 5.2 Percent

Bill Jefferson @ January 29, 2008 # No Comment Yet

Orders to factories for big-ticket manufactured goods soared in December by the largest amount in five months, welcome news for an economy buffeted by talk of recession.The 5.2 percent increase in orders was a surprise finish for the manufacturing sector at year’s end — a segment of the economy considered to have had a poor […]

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House to Vote Today on Rebate Package

Bill Jefferson @ January 29, 2008 # No Comment Yet

The House plans to vote this afternoon on the $150 billion economic aid package that would mean tax rebates to most income earners. The plan appears to be on a fast track to passage in the House but faces an uncertain future in the Senate, where lawmakers in both parties are seeking to tack on […]

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Factory Orders Fall in August

Bill Jefferson @ October 4, 2007 # No Comment Yet

Orders to factories fell in August by the largest amount in seven months, reflecting weakness across a wide swath of manufacturing as the turbulent financial market made businesses more cautious.
The Commerce Department said orders dropped by 3.3 percent in August, even worse than the expected 2.8 percent decline. It was the biggest setback since orders […]

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$5 Bill to Have Splashes of Purple & Gray

Bill Jefferson @ September 20, 2007 # No Comment Yet

Honest Abe will become Colorful Abe with splashes of purple and gray livening up the $5 bill.
The government showed off the new bill Thursday in an Internet news conference — a high-tech unveiling that officials say is entirely appropriate for a 21st century redesign of the bill featuring the Civil War president, Abraham Lincoln.
The changes […]

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DC Madam Releases Phone Records

Bill Jefferson @ July 11, 2007 # No Comment Yet

WASHINGTON, July 11 The public release of phone records belonging to alleged Washington D.C. Madam Deborah Jeane Palfrey has some working overtime in the dig for dirt.
“I have got the air conditioning on and my coffee cup beside me and we’ll be plodding through the list,” Lori Price, the editor of Citizens for Legitimate Government, […]

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