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Aiken Standard in Aiken, South Carolina

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Nov 20, 2008

Page

10

October CPI Dips 1 Percent the Largest Monthly Decline

U S consumer prices fell 1 percent in October the largest monthly drop since 1947 while year to year inflation remains 30 percent raising hardship for households. Auto makers seek 25 billion rescue amid bailout stalemate as housing and jobs woes persist.

Washington, D.C

Forecast lowered as Fed hints at rate cut

The Federal Reserve cut its economic outlook for current and next year and signaled possible further rate reductions. Officials warned that weak conditions and financial dislocations may limit policy impact while pledging additional easing if needed to support banks and growth.

Washington, D.C Federal Reserve Hacon Fed Icted

Auto industry may consolidate amid global downturn

Nissan Motor Co and Renault SA Chief Executive Carlos Ghosn said at the Los Angeles Auto Show that the ongoing auto industry crisis will force consolidation among carmakers. He cited a weak market and credit crunch as factors threatening U S automakers seeking loans to survive.

Los Angeles Nissan Motor Co Renault SA Carlos Ghosn Ghosn General Motors Corp Ford Motor Co Chrysler LLC Washington House Financial Services Committee U.S United States

Americans embrace a new frugality across the economy

Americans shift to thriftiness as economic fears reshape shopping habits. Consumers seek discounts, buy used goods, repair rather than replace, clip coupons, and prefer store brands. Walmart gains while Saks and Abercrombie struggle.

Gisele Sanders Nordstrom’s Portland Ore Sanders Candace Corlett WSL Strategic Retail

Also Mentioned on This Page

Capitol Hill Detroit Congress General Motors Rick Wagoner Senate Banking Committee Aiken, S.C Aikenstandard Treasury Department Treasury Henry Paulson Paulson Barney Frank D-Mass George W. Bush Federal Deposit Insurance Corp Sheila Bair Auto Industry Nissan Chrysler Allstate Takiyah Bryant Agency Allstate Insurance Company Dougherty Road Aiken Allstate.com Vernon Williams Hampton Ave Fox Stock Exchange Wednesday's Market IN Review Ourrray Mutat Dow Jones Naspan Atat Inc NY LillyEli NY AbtLab NY Lowes NY AlcatelLuc NY Gainersonan Altrias NY MeadWvco NY AmExp NY Merck NY MerrillLyn NewConcEn Beachfstn EkotAm NY Motorola NY PacBkrMg LimeEngyn NatiCaty NY Msbhio9n Orexigen Boeing NY NortixSo NY Delaco Retalix BrMySq NY Nucor NY Islamec CBS B Naso Pacohpt MarketLdr CSX NY Oracle ChemereEn Fsistfnfl CampSp NY PepsiCo NY Hillmct Chevron NY Pfizer NY CocaCi NY Prushs&p NY ConAgra Djia Diam Orleansh OTE B&ho Riovistae Daimler NY Prounsp NY Caracop Anstalie Delline Nasd ProUltFin NY Graham Cental Dwectv Nasd ProdGam NY Disney NY Crosstex Duke Engy NY Scana NY Barnwell StratusPro Ekodak NY SearsHidgs Nasd AMCON Unica BPZ Res Toreador ExxonMb NY Southf Nel FMC Corp NY FCBA SouthnCo Mone Ford SprintNex GenElec Amex SPOR GnMotr NY SP Engy NY Microsoft Harley D NY Spdr Fael SP Mid Intel Heinz NY Synovus Oracle BrotAm Mxtvgoic US Yahoo Hewilettp NY Shem«T S iShCh25 S NY Ussteel Fordm Retailht Inc Shemkt S NY UnvHith RschMotn State NY Viacomb NY Comcast Wachovia NY Jpmoigch Nasd WalMart NY Jpmorgch NY Wells Fargo NY ARY JohnJn NY Wendy Arby NY Dow Jones Industrials PIMCO Grhama Mg Capiicbua m Cowidgrla m Fidelity Contra Invcoama m LV Amercan Incamera m UIUC Wamutinvam Vanguard Dodge & Cox Fidelity Bala m Fundminva m Dodge & Cox intStk Fidelity GrowCo Pimco TotRetAdm Bal Vanguard Wellin BondAm Wal-Mart Bj’s Wholesale Club Goodwill Thrift Saks Abercrombie & Fitch O’charley’s Red Lobster McDonald’s Larry Waldman University of New Mexico Bureau of Business and Economic Research Timothy Day University of Oregon Mayfield Heights Ohio Pat Roberts Prudential Woodside Realty Aikense VIA
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