Jobless Rate and Prices Tied in Complex Way
An analysis outlines how falling unemployment can spark inflation, with the 4 percent target once used by officials, then 4.5 percent later, and current rates around 5.1 percent. It notes labor-force changes, rising consumer debt, and mixed explanations for Wall Street weakness, calling for new incentives to boost investment.
MENTIONED IN THIS ARTICLE
Conference Board
Dustry Association
House
Ways and Means
Whitehead
Wall Street
Sooner Solves Perpetual Motion Riddle Sparks $100000 Cadillac Bid
Oklahoma inventor John Webb claims to have solved perpetual motion and accepts over twenty offers including a $100000 starter and a Cadillac. He signed with Shir Ren Enterprises to seek buyers and patent rights while retaining 51 percent of royalties. Renfrow will act as agent, finding a buyer with Webb remaining in control. Hashish note appears as non sequitur.
MENTIONED IN THIS ARTICLE
Ripley, Okla
John Webb
Webb
Frank Renfrow
Shir-Ren Enterprises, Inc
Moore, Oklo
Renfrow
Renfrew
John
Hall Batting Average Good During Session
Gov. David Hall batted .600 in the session, passing three of his five big proposals while losing two. Education funding and reenacting the death penalty won approval. four year terms for county officers faced initial resistance but passed. Prescription drug tax exemption and catastrophic illness aid were shelved again.
MENTIONED IN THIS ARTICLE
Oklahoma City
David Hall
Hall
Senate
New Labor Code Bans Marriage Pledge for Job Seekers
Manila based report notes a new labor code prohibits employers from requiring a pledge not to marry from women seeking jobs and bars firing women for marrying or becoming pregnant.
MENTIONED IN THIS ARTICLE
Manila
Plaza Named Medinaceli Plaza for Ezra Pound
In Medinaceli Spain residents inaugurated a plaza named for Ezra Pound the expatriate American poet who lived abroad and influenced modernist verse. The ceremony honored Pound with a dedication in the northern Spanish town.
MENTIONED IN THIS ARTICLE
Medinaceli
Spain
Ezra Pound
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