Personal income up but U S spending rise muted in November
U S incomes rose 0.8 percent in November to a seasonally adjusted annual rate of $7.03 trillion while spending advanced 0.4 percent to $5.59 trillion. Analysts cite restrained holiday shopping, with mortgage rates dipping and durable goods edging higher. The Dow fell, inflation fears eased, and analysts project moderate consumer spending into 1998.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Wall Street
Dow Jones
U.S
Freddie Mac
Federal Reserve
Katz
Fed
Clinton works to sell Bosnia plan with bipartisan reach
President Clinton draws prominent Republicans to Bosnia to project bipartisan support for keeping U S forces there past the June 1998 deadline. He used his 11 hour visit to thank troops, urge Bosnian leaders toward peace, and press Americans at home to back a longer U S mission amid a looming election year.
MENTIONED IN THIS ARTICLE
Washington
Bosnia
Clinton
Congress
U.S
Ean
Sen
John Warner
Virginia
Senate Armed Services Committee
Warner
Somalia
Haiti
Saddam Hussein
China
North Korea
H Sera
Justice and Microsoft wage tech tug of war
The Justice Department and Bill Gates's Microsoft empire clash in a high profile legal fight over the reach of government authority in the evolving computer and internet era. The case draws public attention as computing becomes commonplace and business and home users navigate online services.
MENTIONED IN THIS ARTICLE
Microsoft
Washington
Justice Department
Bill Gates
Microsoft Empire
At&t
Catherine Buzzell
Reston
Cost to raise a child tops one hundred forty nine thousand
AP reports the 1996 Agriculture Department estimate that a two-parent middle income family will spend about 149,820 to raise a child to age 17. Housing dominates 33 percent of costs, with food, transportation, clothing, and child care following.
MENTIONED IN THIS ARTICLE
Washington
Renee Bellerive
Menorah Medical Center
Overland Park
Kan
Cade Werner
Department of Agriculture
Bellerive
Linda Mitchell
Manassas Va
Mitchell
Kelly
Peter
Also Mentioned on This Page
Arlen Specter
R-Pa
Bush
Persian Gulf
Specter
Iraq
Senate
George Mitchell
House
Thomas Foley
Kuwait
Newt Gingrich
R-Ga
Ted Stevens
Alaska
Senate Appropriations Committee
John Kasich
Rohio
House Budget Committee
Bob Dole
Dole
Elizabeth
American Red Cross
Kasich
Sarajevo
Internet
New York Yankees
Klein
McCaugheys
Iowa
Thompsons
Washington, D.C
Kipp Masingale
Sprint Long Distance
Sprint
RadioShack
Weatheradio
NFL
Ene
RaeShack
Paking
Atsale Mae
Radioshack.com
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