Inflation steady as food energy slow price rise
Consumer prices rose 0.2 percent in November, matching October, with food and energy moderating overall inflation. Computers toys and video gear fell, while annual inflation sits near 1.6 percent. Economists note profits squeezed by rising labor costs amid foreign competition. Wall Street gains on inflation news despite impeachment vote jitters.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Paul Kasriel
Northern Trust Co
Chicago
Kasriel
Wall Street
General Electric
Caterpillar
Agricultural Machinery
Dow climbs as GE leads gain in volatile market
The Dow Jones rose 127.70 to 8823.30 led by General Electric, breaking a week-long decline. Nasdaq added 45.41 to 2012.22 as inflation data soothed fears while Caterpillar missed earnings expectations, weighing on the Dow.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Electric
AFLAC
Ameritech
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Cocaola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Pittston Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Intl
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
Usx-Marathon Oil
USX
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Intl
Westvaco Corp
Williams Cos
Valley Nat'l Gases
Xerox Corp
DOW Jones
NEW York
General Electric
Dow
Wall Street
Clinton
House
Wall Street Worries Impeachment Could Roil Markets
Washington AP reports investors fear impeachment of President Clinton could paralyze government response to emergencies and unsettle world markets. The Dow rose briefly after GE earnings, but four prior losses reflect impeachment uncertainty. analysts differ on impact if Gore succeeds Clinton.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
Clinton
Iraq
Saddam Hussein
General Electric
Allen Sinai
New York
Senate
House
Sung Won Sohn
Wells Fargo & Co
U.S
al Gore
White House
Millions of Americans will pay zero income taxes in 1998
About 47.8 million Americans will owe no income taxes in 1998 mainly due to a new $400 child tax credit. High earners above $100,000 will shoulder about 62 percent of the tax burden, while most zero tax filers earn under $20,000. The credit phases out with income and rises to $500 next year.
MENTIONED IN THIS ARTICLE
Washington
Joint Committee On Taxation
J. Randy Penn
H&r Block
Internal Revenue Service
U.S
Also Mentioned on This Page
Bureau of Labor Statistics
Wall Street Worry
Ashton-Drake
Lizzie High
Yue
College Coin Laundry College Square Bird
Virginia
Tale
FDIC
Bluefield
Cedar Bluff
Claypool Hill
Pocahontas
Richlands
Downtown
Riverjack
Tazewell
Imperial China
USA
China
Beijing
Xian
Guilin
Shanghai
Las Vagas
TriCity
Laughlin
Las Vegas
Carnival Cruise Line
Worldwide Travel, Inc
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