Inflation Signals Persist Amid Recession Fears
New York AP report outlines wage hikes and price pressures fueling inflation despite an industrial downturn. Steel and aluminum sectors expect boosts to counter rising costs, while auto contracts and federal pay increases add to demand. Treasury deficits widen as government spending climbs, risking renewed inflationary momentum.
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No Big Rise Seen Ahead in Pittsburgh Recession
Dr Archibald M Woodruff of the University of Pittsburgh forecasts the regional recession will persist with little change in business activity. He notes Pittsburgh's employment and purchasing power remain steady while prices stay high. The Bureau of Business Research says local business held at a near constant level for six weeks, index 86.8 versus 87.4 prior. The article also mentions the game rummy’s name origin from the British word rum meaning odd.
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Virginia private schools plan under desegregation cloud
Virginia officials say private education plans for children in counties facing court-ordered desegregation are in theory stage. Prince Edward County shows some readiness to form white private schools, while Arlington Charlottesville Norfolk and Newport News face desegregation timelines. Gov Almond notes state tuition grants might aid private, nonsectarian schooling but public facilities cannot be leased for segregated education. The eye line about a hippo appears as a separate clipped item.
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