Consumer spending rebounds in September after hurricanes
Consumer spending rose 0.5 percent in September while incomes climbed 1.7 percent, signaling resilience in the economy despite Katrina and Rita. The report notes energy costs, uninsured losses, and gas prices pressuring inflation, with the Fed expected to raise rates again.
MENTIONED IN THIS ARTICLE
Jeannine Aversa
Wester Washington
Commerce Department
Bush
U.S
Federal Reserve
Japanese panel says U.S. beef risk nearly equal to Japanese beef
A government panel in Tokyo ruled that with proper precautions the mad cow risk from U.S. beef is nearly as low as Japanese beef. The report supports lifting the December 2003 import ban and may allow U.S. beef from cows under 21 months to resume this year, despite lingering consumer mistrust and political pressure from Washington.
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Tokyo
U.S
Washington
Yasuhiro Yoshikawa
Japan
Ington
Bush
Food Safety Commission
U N OKs modified Syria resolution amid sanctions drop
United Nations Security Council members reach a near unanimous vote on a resolution demanding Syria cooperate with the Hariri investigation. The text removes explicit sanctions and a broad renunciation of terrorism, aiming for broad support among all 15 members.
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U.N. Oks
Syria
United Nations
U.N. Security Council
Damascus
Lebanon
United States
Britain
France
U.N
Russia
China
Rafik Hariri
Associated Press
Council
U.S
John Bolton
Bomb kills 26 in Shiite village in Iraq week in review
The week opened with a truck bomb in Huwadar center killing 26 and wounding 34 as worshippers headed to a mosque. Attacks across the country and political moves dominated the week, including 2,000 U.S. soldier deaths since 2003 and near-simultaneous bombings in Baghdad.
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Iraq
Huwadar
Iraqi clashes and raids claim militants in Baghdad drive attacks
U S led operations report sweeping Baghdad areas capturing nearly 100 suspected militants after al Qaeda in Iraq targeted attacks. Mortar strikes in Baghdad and north Iraq killed three and wounded 11, while a car bomb and two drive by shootings killed a contractor and injured six. A sibling of Vice President Abdul Mahdi was killed in the capital, as another top official escaped an assassination attempt. A Marine died from injuries after a roadside bombing west of Baghdad. U S Marines with air support raided towns near the Syria border, including a strike on a safe house tied to a senior AQI cell in Obeidi and another house suspected of hosting attacks.
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al-Qaida
Iraq
Baghdad
U.S
Ghalib Abdul-Mahdi
Adil Abdul-Mahdi
Trade Ministry
Syria
Obeidi
Alito Emerges as Conservative Nominee Amid Kry Storms
The White House unveiled Samuel Alito as a conservative Supreme Court nominee. He faces questions on abortion limits and is seen as healing divisions after Miers’s defeat, Libby indictment, and Bush’s sagging approval amid Iraq and Katrina fallout.
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Alito
Scalito
Scalia-lite
Supreme Court
Antonin Scalia
Scalia
White House
Capitol
Senate
Bill
Tve
Republican Party
Miers
Iraq
Katrina
J. Lewis
Scooter
Libby
Bueh
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