Inflation climbs as energy prices surge and Fed eyed next week
The Labor Department reports a 4.6 percent jump in energy prices the largest in 10 months, while core inflation rises 0.2 percent in February. Analysts expect the Fed to raise rates next Tuesday as energy costs push overall prices higher, though non energy inflation remains subdued. The Dow falls after a Friday rally, ending the week with gains.
MENTIONED IN THIS ARTICLE
Federal Reserve
Labor Department
Wall Street
Dow
First Union
David Orr
New England
Orr
Stephen Cecchetti
Ohio State University
Fed
CPI
Joel Naroff
Naroff Economic Advisors
Amsco
Vienna
Texas hosts among hottest sites in Weatherwise tally
The Weatherwise ranking lists Death Valley California with 86 record highs in 1999 and McAllen Texas as the hottest runner up with 41 hot days. The cold side marks Bodie California and Wisdom Montana as the coldest places, with Tower Minnesota noted for the year low.
MENTIONED IN THIS ARTICLE
Washington
California
Death Valley
Calif
McAllen
Texas
Weatherwise Magazine
Tower
Minn
Ledger
Bodie
Lake Tahoe
Wisdom, Mont
David Hickcox
Ohio Wesleyan University
Field study of Alaska Airlines crash ends at Port Hueneme
The NTSB completed its field investigation at Port Hueneme California into the January 31 crash that killed 88 people. Board chairman Jim Hall said the MD 83 airliner’s diversion attempt and plunge into the ocean off the Los Angeles coast will keep the inquiry active.
MENTIONED IN THIS ARTICLE
Alaska Airlines
Port Hueneme
Calif
Jim Hall
California
Los Angeles
Court upholds rules opening phone markets
An appeals court largely preserves federal rules to open local phone markets to competition while striking down parts deemed overly broad. The DC Circuit Court sent the disputed interpretation back to the FCC, limiting access for competitors at GTE and Baby Bells facilities and requiring tighter statutory alignment.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
Baby Bells
GTE
U.S. Court of Appeals
District of Columbia
FCC
Commission
GTE Corp
Also Mentioned on This Page
Lake Havasu City
Ariz
Laredo
Lajitas
Big Bend National Park
Thermal
Shirley Basin
Wyo
West Yellowstone
Mont
Weatherwise.org
Bagwells Home Furnishings
West Wall Midland
Ue Ito
Hammary
BOB Timberlake
Rumery
Gaby Dis Man
Stanley
Levi's Cargo Stop
Dillard’s
Dillard's
Visa
Mastercard
American Express
Discover
Diners Club
Music City Mall
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