Trade Deficit Rises to 46 Billion in March
The trade gap widened to a record 46 billion in March as imports reached 140.7 billion and exports climbed to 94.7 billion. The weaker dollar and overseas demand boosted U.S. goods, with cars and consumer items posting all time highs, while stock markets fell on rate and Iraq concerns.
MENTIONED IN THIS ARTICLE
Washington
U.S
Gommerce Department
Clifford Waldman
Manufacturers Alliance
MAPI
Wall Street
Iraq
Training aid cuts hit laid off small firms in Iowa
Thousands of workers from small companies face loss of retraining funding as new Labor Department rules end bundling of small layoff groups to reach a 50 employee threshold. Officials say the change simplifies rules and saves resources, but critics warn especially thinly populated states like Iowa will feel the impact.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Labor Department
Ted Harms
Mason Bishop
Florida orange harvest faces uncertain future amid global shifts
In Lake Placid Florida the Smoak family farms 3000 acres producing eight million gallons of juice yearly. Demand strains from Atkins and South Beach diets have cut per capita consumption and Brazil now dominates exports. A potential Smoot Hawley tariff reversal could reshape Florida’s orange juice market, which already has a glut and storage for half a year.
MENTIONED IN THIS ARTICLE
Lake Placid
Fla
Mason G. Smoak
Smoak
Perigord
Florida
Smoaks
Edward L. Smoak Sr
Mason
Rida
Brazil
United States
Raymond D. Royce
Highlands County Citrus Growers Association
Lake Okeechobee
Gas prices jump thirteen cents this week
The Chronicle-Telegram reports Ohio average gasoline at 2.02 per gallon with a national 2.07 peak, marking the sixth straight week of price increases. AAA notes a 59 cent year over year rise and quotes spokesman Brain Newbacher on concerns over refiners profits.
MENTIONED IN THIS ARTICLE
Ohio
AAA
Brain Newbacher
Dow Industrials
Tsakos
RoyiGpg
BanColum
learCop NY
LowesCos NY
Lucent
Norteln
Nn -M
Djia Diam Amex
Notpg NY
Fv Canada
Anal
Riggs Bank Fined 25 Million Over Terror Links Probe
The Federal Reserve ordered Riggs Bank's parent company to curb money laundering after a 25 million fine tied to a terrorism financing probe. A cease and desist requires independent review and Riggs Miami operations to retain an outside consultant to examine past transactions for suspicious activity.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Riggs Bank
Fed
Treasury Department
Riggs
Central Bank
Miami
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the Chronicle-Telegram
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