Inflation seen at 6.5 percent in 1978 forecast by CBO
Congressional Budget Office director Alice Rivlin testified that inflation could hold to 6.5 percent in 1978 if food prices do not exceed the figure. She warned that tight spending to cut inflation could raise unemployment from 7.1 percent to about 8.3 percent, with economy growth projected but slower.
MENTIONED IN THIS ARTICLE
Washington
Congressional Budget
Congressional Budget Office
Congress
Senate Budget Committee
Budget Office
Alice Rivlin
Carter
House
Senate
Treasury
Michael Blumenthal
Outdated Baby Formula Sparks Shopper Question
A mother in Sophia criticizes small stores for stocking three month outdated infant formula. The Enterprise traces the issue to lack of federal jurisdiction and limited state enforcement. Officials say dating is voluntary, with no penalties without laws, urging caution and patronage as leverage.
MENTIONED IN THIS ARTICLE
Sophia
High Point
Food and Drug Administration
FDA
N.C. Dept. of Agriculture
Office of Food and Drug Protection
Raleigh
Leonard Blanton
General Assembly
Blanton
Floodwaters Hit Johnstown Again
Eight hours of rain swelled creeks overflowing banks isolating communities in Johnstown Pennsylvania with waist high torrents. Civil Defense said two people were confirmed dead and five missing while Mayor Pfuhl Jr asked for military aid to curb looting. Windber with about 15000 residents was isolated as floodwaters blocked highways.
MENTIONED IN THIS ARTICLE
Johnstown
Pennsylvania
Civil Defense
Herbert Pfuhl Jr
Windber
San Francisco psychiatrist tags 35 percent police as dangerous
Dr Edward Shev of Sausalito says interviews with 6,700 officers justify labeling 35 percent as untreatable bad cops. He asserts 60 percent are treatable, while 5 percent are natural cops unable to handle pressure. He cites his book Good Cops Bad Cops and suggests psychiatric screening for high offices.
MENTIONED IN THIS ARTICLE
San Francisco
Edward Shev
Sausalito
Calif
Shev
California
Marshall Hale Memorial Hospital
Bay
Sausalito Council
FBI
Carter
Senate OKs 300 Million Subsidy for Cut-Rate Military Groceries
The Senate approved a $111 billion defense bill preserving a $300 million yearly subsidy for cut-rate groceries for military families and allowing 140,000 retired service personnel to work for the government while drawing full pensions. The measure moves to a House conference committee.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Carter
Ted Stevens
Alaska
Northwestern Bank official faces hearing set for Aug 8
In Greensboro AP report, Northwestern Bank vice president Gwyn E. Bowers and board chairman Edwin Duncan along with security officer Jerry Starr face charges for eavesdropping on FBI conversations during June and July. Bowers remains free on bond. Starr waived preliminary hearing. Duncan seeks bond reduction as a separate matter.
MENTIONED IN THIS ARTICLE
Greensboro
Northwestern Bank
Gwyn E. Bowers
U.S. District Court
FBI
Bowers
Northwestern Bank Board
Edwin Duncan
Jerry Starr
Duncan
Starr
Guilford County
Carter and Begin Edge Toward Geneva Talks
President Carter and Prime Minister Begin left with a cautious tone on peace talks in the Middle East. Carter said a October start for negotiations is likely and Vance will visit Jerusalem and Arab capitals August 1 to lay groundwork.
MENTIONED IN THIS ARTICLE
Washington
Carter
Menahem Begin
Middle East
Begin
Anwar Sadat
Cyrus R. Vance
Jerusalem
White House
Oval Office
Power Supply Strained as Heat Drives Demand Rise
North Carolina faces outages at major generating stations and record electricity use as the Utilities Commission warns of possible brownouts. Duke Power lost about a quarter of its capacity Monday and urged continued conservation amid all time summer demand peaks reaching 9,239 megawatts at 5 p.m.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Utilities Commission
Duke
Also Mentioned on This Page
Solo Sailor
James Meadows
Boston Harbor
Miami
Meadows
Concord
Mass
Atlantic Ocean
Ebensburg
Northwestern
Caghasibesis
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