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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Oct 30, 2015
Page
5
The Commerce Department reports a deceleration in economic growth during the third quarter. Analysts cite weaker consumer spending and softer manufacturing while inflation remains a risk. The update signals ongoing caution for policymakers and markets.
The Commerce Department reports 3Q15 GDP at a tepid annual rate of 1.5 percent due to reduced inventory rebuilding, offset by solid consumer spending of 3.2 percent. Analysts anticipate improved growth in Q4 with a full-year expansion near 2.3 percent amid global weakness and energy price declines.
A Dynamic Airways jet bound for Caracas caught fire during preflight at Fort Lauderdale Hollywood International. More than 100 evacuees used emergency slides as fire crews fought the blaze. one person was seriously injured and about a dozen others were treated for minor injuries. Passengers reported chaos and delays followed.
CNBC attracted 14 million viewers for the third Republican presidential debate, a record for CNBC but drew sharp criticism of moderator handling. Nielsen reported the audience lagged behind Fox and CNN numbers, while campaigns and RNC chair Reince Priebus faulted the questions and format. The next debate is set for November 10 on Fox Business Network.
After a weak debate in Colorado and a slow fundraising pace Jeb Bush faces a crisis campaign in New Hampshire where advisers warn November will be crucial. He insists his White House bid is not on life support as aides promise a tougher performance and heavier advertising to close the gap with rivals.
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