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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jun 15, 2013
Page
9
Microsoft launches Office Mobile for iPhone free to download with an Office 365 subscription. The app lets users read and edit Word Excel and PowerPoint files on the phone but does not offer an iPad version or Android support. An annual subscription covers use on up to five Mac and Windows computers.
The IMF notes improving fundamentals in the U S economy with rising home prices and job gains but says government spending cuts and tax increases restrain growth. It forecasts 1.9 percent expansion this year, urges Congress to replace cuts with longer term entitlement reductions, and expects a gradual Fed taper.
U S stock markets fell as weak economy signals and possible Fed stimulus cutbacks weighed on sentiment. The S P 500 slid 9.63 points to 1626.73 while Gannett dropped 6 percent to 24 99 amid broader declines and oil rose to 97 85 a barrel on the N M E.
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