Foreign auto sales surge as imports take market share
Foreign cars capture a rising share of U.S. sales amid fuel fears and price pressures. Through mid 1975 imports reach one in five new car sales, with a long historical arc from 1950s reluctance to 1970s recession and oil embargo driving demand for small fuel efficient models.
MENTIONED IN THIS ARTICLE
Detroit
EPA
U.S
Chevy
Ford
Toyota
Volkswagen
United States
Mideast
Market in bonds retreats amid inflation fears and rate worries
Bond prices fell across corporates and government issues as inflation fears and Fed tightening fears weighed on demand. Treasury securities offered stiff competition, with volume light and August supply lowered by postponements, while Fed policy signaled money supply alignment with anti inflation aims.
MENTIONED IN THIS ARTICLE
Federal Reserve
Treasury
Federal Home Loan Mortgage Corp
Federal Home Loan Bank
Bank For
Federal Intermediate Credit Banks
Federal Reserve Board of New York
Fed
Traditional business guidelines lose force
Business leaders face new regulations and uncertainty as old norms blur. Pension plans worry under ERIA rules while banks confront scrutiny over subprime lending to municipalities. SEC hints at action for cities with undisclosed deficits and markets move toward national exchanges amid competition and scandal.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
New York City
Securities and Exchange Commission
A.A. Sommer Jr
SEC
American Bar Association
Montreal
Sommer
Record durum wheat crop signals strong pasta year
Agri culture Department analysts forecast a robust pasta year as durum wheat harvest reaches a record 125 million bushels as of August 1, with 58 percent more than 1974 75. Improved yields offset by Italian crop damage may bolster U S supplies for export and domestic use.
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Washington
Agriculture Department
Great Plains
Northwest
U.S
Red River Valley
Economic Research Service
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