Stocks rise on GDP beat and jobless claims drop
Wall Street gained as the economy grew 2.4 percent in the second quarter and jobless claims fell for a third straight week. The Nasdaq extended a six month winning streak, while the Dow and S&P posted monthly gains on upbeat earnings from Exxon Mobil and Procter & Gamble.
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New York
Wall Street
Standard & Poor
Exxon Mobil
Procter & Gamble
Quick
Toy
S&p
Dow
Commerce Department
U.S
Labor Department
Sprouse pushes plan to overhaul Senate finance review
Senate Minority Leader Vic Sprouse proposes a fourto five office linebyline budget examination by the full Finance Committee to curb spending. He calls current hearings underattended and wasteful, favoring tighter scrutiny of constitutional offices, with budget decisions sped up or slowed as needed. He notes large state staff growth and aims to force departments to justify requests. He expects Walt Helmick to consider a tougher approach.
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Charleston
Senate
Vic Sprouse
R-Kanawha
Senate Finance Committee
Sprouse
Capitol
GOP
John Perdue
Walt Helmick
D-Pocahontas
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