63 Still Hazy For Business
AP Business News Analyst reports midyear optimism across production, sales, jobs, and incomes. Despite favorable indicators, risks include weather, Congress, labor issues, and global tensions. Unemployment around 6 percent may persist. housing starts and back-to-school demand loom. Public confidence remains pivotal to a strong year.
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Sicilian Mafia Roundup Begins as Raids Hit Suburbs
In Palermo, Sicily, security forces held more than 200 suspects after raids in six suburbs deemed Mafia hotbeds. The crackdown follows a wave of violence blamed on the Mafia, with over 500 deaths since the end of the war.
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