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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Apr 08, 2006
Page
13
Employers added 211,000 jobs in March as the Labor Department reported a 4.7 percent unemployment rate. The figures point to a strengthening economy and brighter prospects for job seekers.
President Bush threatens to veto spending bills to halve the deficit by 2009 as House Republicans pull a 2.8 trillion dollar budget blueprint amid infighting. Tornadoes and severe storms kill at least seven in Sumner County Tennessee including Gallatin and Nashville suburbs.
Wal-Mart Stores seeks FDIC approval to run an in-house bank to process millions of payments annually while pledging not to offer consumer banking. Opponents warn the plan could undercut local banks, noting past failed attempts and regulatory hurdles. The move involves Utah industrial loan corporation status, distinct from consumer lending.
The Senate failed to pass landmark immigration legislation with 38 votes in favor all from Democrats, leaving the bill in limbo. Widespread demonstrations are planned as Republicans face internal divisions and election-year pressures. Leaders vow to revive the measure upon return.
Iraqi police and soldiers secure the Baratha Shiite mosque after a death by own action attack. Rescue teams remove 79 bodies and more than 160 wounded as worshippers fled after Friday prayers.
In Lima two days before the Peru presidential vote, Ollanta Humala Alan Garcia and Lourdes Flores lead a tightly bunched race. Polls show Humala tied with Garcia and Flores, with fears across society about any winner and the influence of powerful interests.
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