Global trade deficit hits all-time high as crisis lowers exports
The United States posted a record August trade gap of 16.8 billion as exports fell and imports surged. Auto parts from Mexico and Canada and Chinese toys drove the rise, with the year’s deficit tracking toward a new $165 billion peak.
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Pacific Rim
Blacks say they progress in growing U.S. economy
A national poll by the Joint Center for Political and Economic Studies finds 51 percent of blacks say they are better off financially than a year ago, versus 32 percent of whites. Median black income rose 4.3 percent to 25050, poverty fell to a four decades low, while 85 percent approve of Clinton among blacks and election worry remains mixed.
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David Bositis
Joint
Center For Political and Economic Studies
Census Bureau
Clinton
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Bositis
Center
SBC asks court to upend part of telecom law
SBC Communications asks the Supreme Court to overturn key 1996 telecom provisions allowing regional Bell companies to enter long distance. The company seeks review of a New Orleans appeals court ruling that upheld the provisions. spokesman Selima said SBC’s challenge was expected.
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SBC Communications
Supreme Court
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