Durable goods dip signals slowing factory growth
February durable goods orders fell for the first time in four months signaling a softening manufacturing expansion. Markets rose on hopes Fed rates stay steady with the Dow up 50.84 points to 4138.67 as bonds advanced.
MENTIONED IN THIS ARTICLE
Federal Reserve
House Ratifies Welfare Reform Clearing Senate Hurdles
The House passed a sweeping welfare reform bill by a 234 to 199 vote led by Republicans to dismantle 45 programs and return aid decisions to states. President Clinton decried it as weak on work and tough on children as hearings begin in the Senate.
MENTIONED IN THIS ARTICLE
Foster
Senate
Henry Foster Jr
Clinton
Senate Labor and Human Resources Committee
Mike Horak
Nancy Landon Kassebaum
Tennessee
House
Congress
House-Senate
Alan B. Morrison
Public Citizen Litigation Group
Washington
Clay Shaw
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Tax burden shift sparks clash over IRS proof rules
Congress weighs forcing the IRS to prove taxpayers wrong in civil tax disputes. IRS officials warn the bill would upend the tax system and intrude into taxpayers lives by expanding investigations and third party data requests.
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Washington
Congress
Internal Revenue Service
IRS
Margaret Milner Richardson
House
Ways and Means Oversight
Richardson
Treasury
Cynthia G. Beerbower
Jim Traficant
Ohio
Traficant
Subcommittee
Jeffrey Dahmer
Beerbower
Casey Moves Toward 1996 Presidential Run
Robert Casey former Pennsylvania governor announces an exploratory committee to seek the Democratic nomination and decide by April or May. He aims to challenge Bill Clinton from within the party while facing questions about his health and abortion views.
MENTIONED IN THIS ARTICLE
Washington
Robert Casey
Pennsylvania
Bill Clinton
Casey
Federal Election Commission
Clinton
Scranton
Will Aoe
Weather outlook clear with mild temperatures
Tonight mostly clear with a low around 40. Tomorrow mainly sunny with a high near the mid 70s. Yesterday's high and last night's low not listed. Sunset today at 6 43 p m and sunrise tomorrow at 6 28 a m.
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