1978 Outlook: Slow Jobless Dip Despite Inflation Remains High
The Congressional Budget Office warns Americans face a slow fall in unemployment next year while inflation stays at or above 6.5 percent. CBO director Alice Rivlin told the Senate Budget Committee that inflation could drop only if food prices stay within the target, and that aggressive spending cuts would risk more economic damage.
MENTIONED IN THIS ARTICLE
Congressional Budget
Congressional Budget Office
Congress
Senate Budget Committee
Budget Office
Alice Rivlin
Rivlin
Carter
House
Senate
Treasury
Michael Blumenthal
Dept. of Housing and Urban Development
HUD
Washington, D. C
Minneapolis
OSHA eases rules cutting small firms paperwork burden
The federal government will drop record keeping and reporting requirements for 3.4 million small businesses and cut paperwork for 1.5 million larger firms by half. Labor Secretary Ray Marshall said the move saves money and reduces red tape while preserving health and safety protections. The National Federation of Independent Business praised it as a giant step, but the U.S. Chamber of Commerce said it does not go far enough.
MENTIONED IN THIS ARTICLE
Washington
Occupational Safety and Health Administration
Bay of Business
Ray Marshall
Marshall
National Federation of Independent Business
James D. McKevett
U.S. Chamber of Commerce
Congress
OSHA
Carter
Teng Hsiao-ping said to be restored in China
Reports from Beijing and Tokyo say that signs point to Teng Hsiao-ping's return to power as vice premier and party vice chairman. Wall posters in Beijing claimed his restoration, while a larger poster appeared but was later removed. Uncertainty remains amid prior false alarms and secret party decisions.
MENTIONED IN THIS ARTICLE
Tokyo
Peking
China
Teng Hsiaoping
Teng
Army
Ministry of Foreign Economic Relations
Heat grips Minnesota as record power use hits peak
Minnesotans endure a third straight day of extreme heat with Minneapolis St. Paul reaching 100 degrees and the stormy pattern pushing energy use to a record 4,540 megawatts. NSP warns of another energy alert as residents cut back 9 am to 9 pm.
MENTIONED IN THIS ARTICLE
Associated Press
NSP
Wayne Kaplan
Begin proposes framework for peace talks amid U S push
Washington D C reports Prime Minister Begin offers a negotiated framework for Israel Egypt Syria Jordan talks without preconditions. He urges binational subcommittees and autonomy for West Bank Arabs while opposing West Bank withdrawal. Carter seeks quicker progress toward a settlement this year.
MENTIONED IN THIS ARTICLE
Washington
Menahem Begin
Middle East
Carter
Begin
Israel
Egypt
Syria
Jordan
Palestinian Liberation Organization
White House
Jody Powell
Golan Heights
Sinai Desert
West Bank
Sinai
Geneva
al Ahram
Ismail Fahey
Palestine
City electric power not in trouble yet
Winter heat wave pushes Austin air conditioners to round the clock use but Austin Utilities Co reports city power demand remains manageable. Supt. Norman Dietrich cites 42.4 megawatts on Monday, noting higher peaks earlier and last year, and urges energy conservation measures such as higher thermostat settings, closing drapes, and limiting refrigerator door openings.
MENTIONED IN THIS ARTICLE
Minneapolis
Sears
NSP
Wayne Kaplan
Kaplan
New York City
Brian Ojanpa
Herald
Austin
Austin Utilities Co
Norman Dietrich
Dietrich
Downtown beautification gains a new 39 103 contract
Austin Housing and Redevelopment Authority approves a Hodne and Stageberg Inc. contract for Phase Two plans and specifications totaling 39 103, a 14 percent share of project costs. The board also funds partial acquisition of Nielsen Addition property and notes HUD funding denial.
MENTIONED IN THIS ARTICLE
Judy Allen
Herald
Austin
Board of Commissioners of
The
Austin Housing and Redevelopment Authority
HRA
Kermit Mahan
Tom Hohne
Hodne and Stageberg Inc
Minneapolis
Main St
3Rd Ave
Mahan
Hodne
Beireis
Darrell Crews
Nielsen
Tueday
Melvin Flicek
Weather Update Cooler With Showers Ending This Evening
Cooler conditions continue through Thursday with showers and thunderstorms tapering tonight. Lows fall to mid to upper 70s, and Thursday highs reach the mid 60s.
For Sale 1964 Chrysler Imper Crown Four Door
Advertiser offers a 1964 Chrysler Imper Crown four door with 40 000 miles for sale in the Locost Herald want ad section. The classified item was scheduled to run for three days but was cancelled after two days.
MENTIONED IN THIS ARTICLE
Locost Herald
Chrysler
Jaworski eyed to lead Korean influence-buying probe
Washington AP Leon Jaworski and at least four other figures linked to Watergate are being considered to head the House ethics committee inquiry into the Korean influence-buying scandal. Speaker O Neill urged a nationally recognized leader to fill the post after Lacovara quit. The panel seeks independent powers to run the probe.
MENTIONED IN THIS ARTICLE
Washington
Leon Jaworski
Richard Nixon
White House
Congress
House
Thomas P. O’neill
Jaworski
House Ethics Committee
O’neill
Philip A. Lacovara
Lee Watergate
Rymer O’neill
Houston
Archibald Cox
Henry Ruth
Sam Cash
Senate
Watergate Committee
John Doar
Nixon
Lacovara
John J. Flynt
D-Ga
Justice Department
O'Neill
Stans Named To Pettibone Board At Chicago Meeting
Maurice Stans former commerce secretary and Nixon campaign finance chair has been nominated to Pettibone Corp board. Stans 69 will seek election at the annual meeting in Chicago on July 28.
MENTIONED IN THIS ARTICLE
Stans
New Post Chicago
Maurice Stans
Commerce
Richard Nixon
Pettibone Corp
Chicago
New State CC
ST. Paul
Minn
Aileen Mucklemoe
Fergus Falls
Minnesota State Board
John Sontorovich
International Falls
Toyse Kyle
Minneapolis
Brooklyn Center
Also Mentioned on This Page
Lake of the Isles
Robert Sjogren
Metropolitan
Mosquito Control District
Twin Cities
City Electric Power
Schulte
Robert Leighton
Ondov
N. Main St
Mower County
Vs-Mkt
Society
Texas
Illinois
James W. Hoffman
Jeff
Renville, Minn
David Newby
Plainfield, Ind
Boys Nation
Hoffman
Newby
ST. Paul, Minn
Brooklyn Center Stadium
Security Council
Split
Dallas
Lutheran Church - Missouri Synod
American Lutheran Church
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