Fed expected to raise rates amid inflation fears in 2005
Fed anticipated to lift short term rates by a quarter point on Tuesday as oil prices surge and wages rise, signaling further tightening to curb inflation. Greenspan and economists warn continued increases through 2005 into 2006, with funds rate near 3.50% and prime around 6.50%, amid rising labor costs and energy prices.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
Greenspan
Congress
Federal Reserve Board
Senate Banking Committee
Capitol Hill
Boeing wins $5 billion Chinese airline jet order
Four Chinese carriers agreed to buy 42 Boeing 787 jets for 5.04 billion dollars. Air China and China Eastern each buy 15 jets, Shanghai Airlines nine, Xiamen Airlines three. The deals appear ahead of President Hu Jintao's U.S. visit and bolster Boeing over Airbus. China Southern and Hainan Airlines are negotiating as part of prior talks.
MENTIONED IN THIS ARTICLE
Shanghai
China
Xinhua
Air China Ltd
China Eastern Airlines Corp
Shanghai Airlines Co
Xiamen Airline Co
Hu Jintao
United States
Boeing
Airbus Sas
China Southern Airlines Co
Leach
Xiamen Air
China Southern Airlines
Dynegy posts Q2 profit on tax benefit amid Midstream sale
Dynegy Inc reports second quarter net income of 32 million or 8 cents per share, up from 2 million and 1 cent, as tax benefits from the planned Midstream natural-gas unit sale boost results. Revenue drops 33 percent to 459 million. full-year outlook improves.
MENTIONED IN THIS ARTICLE
Houston
Dynegy Inc
Thomson Financial
Dynegy
New York Stock Exchange
Also Mentioned on This Page
Anthony Chan
JP Morgan Asset Management
Nikon
Tokyo
Japan
Nikon Corp
Whirlpool Eyes
Benton Harbor
Mich
Whirpool Corp
Maytag Corp
Triton Acquisition Holding Co
Whirlpool
Triton
Maytag
United Debt
Chicago
United Airlines
UAL Corp
Eugene R. Wedoff
Northern District of Illinois
United
Wedoff
Odessa
RSS
Wcke LU
Eka
Simon
EL Colareen
Eve Aaa
Nemead Pee Hun
Moy
Eve Flores
Texas
Pere
Chool Bus
Larry McCleary
Larry McCleary, M
Cai Cida
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