Greenspan warns slowdown may linger into year end
Chairman Alan Greenspan told economic advisers the slowdown could stretch through year end as the nation’s employers struggle to keep up with new demands from the labor force and rising costs. He cautioned that unemployment remains high and productivity must improve to stabilize growth.
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Alan Greenspan
President's Council of Economic Advisers
Greenspan
Delegsie
Almanac warns of bitter winter ahead nationwide
The 87th edition of The Old Farmer's Almanac predicts 2 cold, bitter winters west of the Mississippi, droughts and mined crops elsewhere. Abe Weatherwise, the almanac’s meteorologist, has forecasted weather since 1818 and claims high accuracy, with western plains set for severe conditions and August revisions anticipated.
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America
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OH Farmer's Almanac
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Social Security tax base to rise next year for millions
The Social Security Administration announced a higher tax base will take effect January 1, increasing taxes for about 19 million workers earning above the new threshold and adding roughly 23 billion dollars in revenue. Self employed taxes will also rise to about 41.50. ThisChange will reduce benefits for high earners and affect retirees with outside income.
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Washington
Social Security Administration
Milan
Louis Cartier Diamond Unveiled At Fifth Avenue Store
Cartier New York unveiled a pear shaped diamond named The Louis Cartier Diamond. The stone weighs about two inches across and three quarters of an inch thick, mounted in platinum. Ralph Destins called it the most beautiful diamond ever found, marking it as the largest with a D fineness rating.
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New York
Fifth Avenue
Cartier-New York
Ralph Destins
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The
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