Census reveals 46 million in poverty amid weak economy
Washington reports 46.2 million Americans live in poverty, 15.1 percent, the highest since 1993, with 49.9 million uninsured. Mississippi leads poverty share at 22.7 percent, New Hampshire the lowest at 6.6. The report notes health coverage losses and 18-24 uninsured rate drop, and includes Nekisha Brooks of Fort Washington, Md., who lost her AT&T job and now relies on aid while seeking work.
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Hogs Prices Steady for Barrows and Gilts in Peoria
Peoria livestock report shows 1 2 230 260 lb hogs at 51.50 to 52.00 and 270 280 lb at 50.00 to 51.50. Sows ease 1.00, big sows steady with 300 400 lb at 57.00, 400 500 lb at 57.00, 500 700 lb at 60.00. Boars over 300 lb at 21.00 and under 300 lb at 27.00. Associated Press.
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Grain futures slip at Chicago Board of Trade
Grains futures mostly declined on Tuesday at the Chicago Board of Trade with Wheat for December down 25.25 cents to 7.02 a bushel Corn for December down 22.50 cents to 7.23 a bushel oats for December down 1 cent to 3.44 a bushel and November soybeans down 4.25 cents to 13.9175 a bushel.
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Debates Over Debt Panel Split on Tax Reform and Spending
Washington fights over the deficits as a 12 member supercommittee nears a November 23 deadline. Republicans push spending cuts and limited tax hikes while Democrats seek higher taxes and Obama proposals, including Social Security payroll tax cuts and highway funding. Obama argues for jobs and construction spending to revive Ohio and the nation.
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Markets Shaken As NY Stocks Jump And Dip Across Session
NYSE shares swing widely led by big names such as ExxonMobil, General Electric, Coca Cola and AT&T as traders reassess earnings and sector risk. Tech and financials show mixed moves with notable activity in Ford, IBM, DuPont, Pfizer and Wells Fargo amid volatility.
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