Economic Gauge Slows as Leading Indicators Point Down
The Commerce Department reports the Index of Leading Economic Indicators was flat in January while factory orders rose 0.6 percent, signaling slower overall growth after stronger gains in late 2023.
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Clinton defends record at news conference amid GOP challenge
President Clinton framed his administration as safer and stronger while accusing Republicans of seeking tax breaks for the rich. He defended ethics probes, called for lobbying reform, and expressed confidence in Russian leader Boris Yeltsin amid Chechnya tensions.
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Salinas Declares Hunger Strike Amid Mexican Crisis
Mexican leader Salinas announces a fast on television Azteca to protest blame for the economy crisis as Zedillo faces criticism. The drama includes Salinas’ brother Raul’s arrest for alleged political assassination and ongoing probes into Colosio’s murder.
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Carlos Salinas de Gortari
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Television
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Mexico
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Dollar Slump Triggers Alarm Over Markets Amid Intervention Fails
The dollar hit a record low against the yen and weakened against most currencies after a failed central bank rescue. Analysts warn currency turmoil could spill into stocks and bonds, with 30 year Treasuries up to 7.53 percent as equities mostly held firm.
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Weather Outlook Today
Mostly cloudy with a 40 percent chance of showers. Highs in the low 60s. Yesterday's high 64, low last night. Sunset at 6 27 p m tomorrow sunrise 6 54 a m.
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Rococ Law
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