Clinton says policies put U.S. on road to prosperity
President Clinton used his annual Economic Report to claim his policy mix has put the nation on a path to rising prosperity with 3.1 percent growth this year and 2.8 percent in 1995, while warning of risks from rising rates or weak overseas markets and defending deficit reduction and investment in education health and reform.
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Clinton
U.S
Washington
Congress
Federal Reserve
Phil Gramm
R-Texas
Gram
Laura D'Andrea Tyson
President's Council of Economic Advisers
Experts predict steady expansion with slower 1995 growth
Washington AP survey of 44 NABE forecasters says the economy will grow 3.2 percent this year and 2.8 percent in 1995, with inflation easing to 3.4 percent next year. Forecasters expect the Fed to keep vigilance, possibly tightening if inflation pressures rise, as rates nudged to 3.25 percent. Housing starts, auto sales, and business investment are seen leveling off in 1995.
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Washington
William C. Dunkelberg
National Association of Business Economists
NABE
Dunkelberg
Federal Reserve
Fed
Chrysler recalls 110000 LH sedans over wiring fault
Chrysler recalls 110,000 1994 Concorde New Yorker LHS Dodge Intrepid Eagle Vision models built late July to early December last year for wiring that could short and cause stalling or lights to fail. No injuries reported. Analysts warn recalls may hurt Chrysler's image and demand action to reassure buyers.
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Detroit
Chrysler Corp
Chrysler
Thomas O'Grady
Integrated Automotive Resources Inc
Mercedes and Ford call back 37300 vehicles nationwide
Mercedes-Benz of North America recalls 5900 1992 to 1993 400E cars to add a larger heat shield and relocate a hose to prevent fuel vapor leaks that could ignite fires. Ford recalls about 31500 1988 Ranger pickups with 2.0 liter engines for an emissions adjustment after tests show possible high nitrous oxide emissions. Repairs are free and owners are notified.
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Detroit
Mercedes-Benz
North America
Ford Motor Co
Mercedes
Ford
Environmental Protection Agency
Overson joins Keiler Bruner as CPA firm partner
James A. Overson is named partner at Keiler Bruner & Co., CPAs and management consultants. He leaves a decade as chief executive of John D. Long's real estate and construction firms and will bolster accounting auditing and tax services plus real estate and construction industry practice at the Alexandria Virginia office. He is a William and Mary graduate of 1977 who previously spent seven years in public accounting and joined Long in 1984. The firm operates offices in Alexandria Frederick and Bethesda.
MENTIONED IN THIS ARTICLE
James A. Overson
Keiler Bruner & Co
Cpas
John D. Long
College of William and Mary
Long
Overson
Keller Bruner
Alexandria, Va
Frederick and
Bethesda
Grain futures at Chicago Board of Trade show varied quotes
Chicago AP reports erratic grain futures with wheat and corn prices fluctuating across contracts. Trading data include open highs lows and last prices, with several months and interest figures, though the OCR text is fragmented and partially unreadable.
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Chicago
Chicago Board of Trade
Bob's Bank
Zara
PBL
Dow Ends Mixed as Dollar Falls on Trade War Fears
Stocks closed mixed in choppy trading as the dollar weakened against the yen and traders priced in a potential U S Japan trade clash. The Dow rose 9.28 to 3904.0 while the NYSE volume stood at 262.99 million shares with a narrow edge for advancers over decliners.
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NEW York
Japan
United States
New York Stock Exchange
Standard&Poor
Standard&Poor’s
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