Inflation Rises as Gas and Food Costs Jump in 2007
U S consumer prices climbed 4.1 percent for 2007, the fastest in 17 years, with energy and food surging at the largest pace since 1990. Wages lag behind inflation as core inflation edged up 2.4 percent and the Fed considers a 0.5 percentage point rate cut at its January meeting.
MENTIONED IN THIS ARTICLE
Washington, D.C
Labor Department
Fed
House passes defense bill with troop pay raise
The House approved a defense policy bill 4469 to 46 including a 3.5 percent pay raise for troops retroactive to January. It provides immunity provisions for state sponsored abuse lawsuits and outlines Pentagon policy and funding, totaling about 696 billion dollars.
MENTIONED IN THIS ARTICLE
U.S. House
Washington, D.C
House
Bush
U.S
Cour
Baghdad
White House
Tony Fratto
Iraq
Afghanistan
To & Pentagon
Pentagon
Ex-congressman indicted in terror fundraising case
Former U S congressman and United Nations delegate Mark Deli Siljander was indicted on 42 counts including money laundering conspiracy and obstruction of justice for allegedly aiding an Islamic charity that routed stolen USAID funds to support a terrorist fundraising ring. The indictment, unsealed in Kansas City, ties Siljander to a scheme that paid him 50000 to lobby while funds were diverted to al Qaida supporters.
MENTIONED IN THIS ARTICLE
Washington, DC
United Nations
al-Qaida
U.S. District Court
Kansas City
Islamic American Relief
Sitjander
U.S. Agency For International Development
Pai
United
Kenneth Wainstein
Siljander
House
Rea
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