Mixed job data paints uneven view of economy ahead of elections
The unemployment rate fell to 4.6 percent last month while payroll gains were weak at 51,000, prompting analysts to say hiring remains decent but cooling. Earlier August and July estimates were revised up by 62,000 jobs, easing some disappointment and leaving Wall Street cautious as voters head to the polls. President Bush hailed improvement as wages rise and energy prices fall, but the Dow dropped 16.48 points amid a mixed mood about economic health and party trust on the economy.
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Washington, D.C
Richard Yamarone
Argus Research
Labor Department
Wall Street
Bush
Hastert life lesson echoed in page scandal shadow
Washington sees a page scandal reflection in Dennis Hastert biography themes. The House speaker avoids resignation amid Foley misconduct fallout as allies and aides face accusations of inaction. The piece contrasts Hastert’s strength in party cohesion with past leaders who fell to scandals.
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Dennis Haster
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House
Senate
Mark Foley
Capitol Hill
Jim Wright
Astert
Newt Gaingrien
Bob Livingston
Washington
Clinton
Monica Lewinsky
Denny Hastoff
James A. Baker
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