What the new economic outlook means for you
Sylvia Porter explains how a bottoming slump, rising unemployment, and easing inflation affect earnings, spending power, credit, and tax burdens for middle income families. She notes that real income may rise as inflation is stripped out, unemployment could improve, and long term rates hinge on inflation.
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Sylvia Porter
New York Stock Exchange closes with mixed stock results
Selected NYSE stocks show varied performance with heavy hitters like Exxon and IBM near session highs while declines appear in several industrials. Investors watch shifts in energy and technology names amid fluctuating close prices across dozens of components.
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