Wholesale prices drop in December on energy decline
U S economic data show wholesale prices falling by the largest amount in 20 months in December helped by energy costs. Manufacturing output rose strongly, marking the first annual increase since 2000, signaling a healthy year start with moderate inflation and factory strength.
MENTIONED IN THIS ARTICLE
Washington
Mark Zandi
Economy.com
Wall Street
Dow
Energy prices drive drop in producer index
The Labor Department reports the Producer Price Index fell 0.7 percent last month as gasoline and energy costs slide 4 percent the largest drop since April 2003. In a separate release the Federal Reserve notes industrial production rose 0.8 percent in December with manufacturing up 0.7 percent utilities up 2.7 percent and mining up 0.0 percent.
MENTIONED IN THIS ARTICLE
Labor Department
Federal Reserve
White House plays down CIA Iraq report as speculative
The White House called a CIA report speculative, saying Iraq is not a breeding ground for terrorists and reaffirming that the United States has the right strategy in the war on terrorism. Press secretary Scott McClellan defended Bush’s stance that Iraq is a central front in the war.
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White House
CIA
Iraq
Washington
Ter
Scott McClellan
Air Force One
Bush
Florida
United States
McClellan
FBI keeps travel records on airline passengers before 9/11
FBI holds 257.5 million passenger name records from June to September 2001 in a permanent investigative database. Privacy advocates warn the bureau may analyze personal data without consent, noting the data include manifests and PN R files with credit card numbers itineraries and addresses. The FBI says retention rules require keeping records and that access rights exist for individuals.
MENTIONED IN THIS ARTICLE
FBI
Bureau
Marcia Hofmann
Electronic Privacy Information Center
Bill Carter
National Archives
Carter
Hofmann
Privacy Center
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