Inflation outlook stirs concern despite softer price signals
Analysts warn the recent CPI and PPI improvements may be illusory as declines come mainly from food prices. Merrill Lynch notes core inflation remains and warns gains could resume next year. Citibank economists share wary view, citing food-driven drops and potential later accelerations. The Fed's tightening moves reflect continued inflation worries and slower money growth aims.
MENTIONED IN THIS ARTICLE
Chet Carrier
NEW York
Merrill Lynch Government Securities Inc
Labor Department
Citibank
Merrill Lynch Government Securities
Federal Reserve Board
The World Almanac Q and A Quiz
A reader puzzle from The World Almanac asks three questions about 1976 marriages Texas New York or California time zones from Columbus Ohio to Santa Barbara California and international mailing costs from Oregon to Mexico The page provides multiple choice options and an answer key segment with stray letters accompanying it.
MENTIONED IN THIS ARTICLE
Texas
New York
California
Columbus
Ohio
Santa Barbara
Calif
Oregon
Mexico
This Day in History September 13 Highlights and Birthdays
On this date in 1788 the U S Constitution authorized the first national election in the United States. Other entries include the Plains of Abraham victory in 1759 and Key's detention in 1814 before writing The Star Spangled Banner. Also noted are Chiang Kai-shek becoming China president in 1943 and Maine's first Democratic governor in 20 years in 1954.
MENTIONED IN THIS ARTICLE
Associated Press
U.S
United States
Plains of Abraham
Quebec City
Francis Scott Key
Fort McHenry
Baltimore
Chiang Kai-shek
China
Maine
Edmund Muskie
West Germany
Soviet Union
Richard Nixon
John Kennedy
Israel
Syria
Secretary of Health, Education and Welfare
Joseph Califano
Medicare
Claudette Colbert
James Rhodes
Ohio
Adlai Stevenson
Vesco scheme ties White House aides to Georgia fix bid
Washington columnist details alleged links between White House aide Hamilton Jordan and Atlanta lawyer Charles Kirbo to Robert Vesco’s $12 million stock and $10 million cash swindle. The piece cites sworn statements, letters, and memos claiming efforts to influence Vesco’s legal troubles for $10 million, while Jordan and Kirbo deny knowledge or involvement.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
White House
Hamilton Jordan
Atlanta
Charles Kirbo
Robert Vesco
Jordan
Kirbo
Carter
Mr. Inside
Mr. Outside
Georgia
Vesco
Inside
Outside
Justice Department
United States
Panama
Mr. Vesco
Gerolyn Hobbs
Spencer Lee IV
R.L. Herring
Lee
PAL
Jimmy Carter
Herring
Hamilton
Jerry Dorminey
Georgia Group
Charlie
Albany
PRL
Nassau
Editorials Politics all part of the game in New England
New England politicians chase voter attention as summer ends while sports loom large. The Boston Red Sox pennant race influences public mood, with Sen. William Hathaway noting elections may wait until baseball outcomes are known. Massachusetts candidates live at Fenway, hoping a Sox victory aids incumbents like Kevin White and past parallels with Lindsay show how winning teams boost re-election chances.
MENTIONED IN THIS ARTICLE
Boothbay Harbor
Maine
New England
New
Red Sox
William Hathaway
GOP
William Cohen
Sox
Massachusetts
Fenway Park
City Hall
John Lindsay
New York Mets
Lindsay
Brown Backs Carter, Calls Resolution Non-Binding
Democratic governors met in a partisan session and approved a pro forma resolution pledging support for President Carter. Jerry Brown, asked if he voted, said it was unanimous and that he supported it, while noting the resolution is non-binding.
MENTIONED IN THIS ARTICLE
Carter
Jerry Brown
Brown
Zealots fumble Maine tax reform in sparsely attended session
In Augusta independent Gov James B Longley convened Maine lawmakers for a special session on a tax rebellion. Three committees held hearings in the Augusta Civic Center with only about 250 attendees, many of them officials and reporters, despite grand plans for public access.
MENTIONED IN THIS ARTICLE
Augusta
Maine
NEA
James B. Longley
Augusta Civic Center
Portland
Lewiston- Auburn
Bangor
Tax reform struggles across states prompt cautious approach in Maine Kansas
The piece surveys how various states confront tax reform proposals amid a rush to action. It notes Idaho duplicating California Proposition 13, Texas sorting through 45 proposals, and several states lacking ballot mechanisms. Maine approved a 19.8 million tax cut package, while Kansas Governor Bennett forms a citizen committee to study reform and propose rational options.
MENTIONED IN THIS ARTICLE
Idaho
California
Texas
Maine
Also Mentioned on This Page
THE
Almanac
By Gill Fox
Merary
Ken Dulaney
Jerry
Longley
Legislative Committees
Kansas
Robert F. Bennett
Bennett
Citizens’ Committee
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