Wall Street jitters as income surge signals stronger spending
Washington AP reports a February income gain of 0.9 percent, led by wages and salaries, with spending up 0.5 percent. The data suggests consumer demand could stay robust through midyear, potentially prompting further Federal Reserve rate hikes. Dow fell to 6,584.23 as investors fear tighter policy and higher inflation risks.
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Washington
Wall Street
Federal Reserve
Dow Jones
Commerce Department
Freighter Opens Great Lakes Shipping Season at Toledo Port
The Herbert C. Jackson freighter's arrival marked the start of the Great Lakes season at the Port of Toledo as coal shipments move to the Great Lakes Steel plant in Ecorse, Michigan. Seaport director John Loftus noted two more coal vessels would load today while northwest Ohio enjoyed sunny skies and springlike temperatures.
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al Harris
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Toledo-Lucas County
Trade barriers target Japan EU and China in annual report
The Clinton administration singled out Japan the European Union and China for the largest share of criticism in the 12th Foreign Trade Barriers report covering 46 countries. The report signals U.S. intent to press partners on open markets while outlining potential sanctions under Super 301 and WTO-backed remedies.
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Opening Stocks Snapshot From Akin Investment Light
Early quotation supplied by Akin Investment and secured through AEGON USA Securities Inc. NASD SIPC member. Provides a brief market snapshot with percent notes and price indications.
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Akin Investment Secures
Aegon USA
Secuntes Inc
NASD
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