Chamber pushes tax limits on balanced budget amendment
The U S Chamber of Commerce urges House members to demand a true tax limitation in any constitutional balanced budget amendment. They argue current proposals fail to restrain spending or tax increases, risking only symptom relief and higher taxes if enacted. Greg Jordan reports for the Daily Telegraph.
MENTIONED IN THIS ARTICLE
U.S. Chamber of Commerce
House of Eee
Richard W. Rahn
Chamber
Congress
House
Donald J. Kroes
Committee On the Judiciary
Kroes
Stock market inches to a six month gain
New York AP report notes the Dow Jones average rising 1.98 to 2,880.69, marking a six month gain of 127.49 points. Advancing issues outnumbered declines about 5 to 3 on NYSE listings, with 954 up, 583 down, 469 unchanged, as volume reached 145.55 million shares on the Big Board. Analysts cited caution ahead of second quarter results while gold and select mining stocks rose.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Hasbro
American Stock Exchange
Commodity Exchange
Newmont Gold
ASA Ltd
Homestake Mining
Balrnco
Keene Corp
Wilshire Associates
NYSE
Standard & Poor
Dominion Bank outlines FDIC insured deposit changes
Dominion Bank announced on June 27 that in coming weeks all deposit customers will receive notices about new FDIC insured deposit rules. The FDIC reforms align savings and loan coverage with banks, expanding individual retirement accounts and Keogh balances to $100,000 separate coverage, previously merged under a single limit.
MENTIONED IN THIS ARTICLE
Dominion Bank
Federal Deposit Insurance Corporation
Federal Savings and Loan Insurance Corporation
FDIC
Unemployment in 15 West Virginia counties under 5 percent
Fifteen counties posted unemployment of 5 percent or less in May, unchanged from April, while state figures show 5.7 percent overall in May. Monongalia leads with 2.4 percent, Pendleton at 2.5 and Webster at 15.5 percent top the high-rate list. County totals show 687,800 employed and 41,900 unemployed in May.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
Division of Employment Security
Berkeley
Cabell
Doddridge
Hancock
Hardy, Jefferson
Kanawha
Mineral
Monongalia
Monroe
Morgan
Ohio
Pendleton
Preston and
Wood
Brooke County
Monongalia County
Pendleton County
Calhoun
Clay
McDowell
Nicholas
Pocahontas
Randolph
Roane
Webster
Wyoming
Barbour
Braxton
Wirt
Webster Ae
West
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Exxon
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William
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Sara Lee
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Duke Pwr
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Digital
John Jn
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Sashne M
Kelly Oi
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Syntex
Atlas Corp
Estra G&f
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Inter-Ceater HB Fuller
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Transamer
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Occidental
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Ethyl
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Ladd Furniture
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Union Pac
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MCI Communications
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Busch
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Ptrck
US Air
Nash-Finch Co
Abot
la Pac
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Unisys
Bassett Furniture
One Valley Bancorp
Clorox
Glaxo
Int Inc
Pfizer
Wrn Limbt
Burke Persone
Ae Premier Bank
CaroPac
Genetech
Pittston
Wsth UN
Cadmus Communications
Pulaski Furniture
Costal Comp
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Pot
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Dominion Benksharee
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