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Collins says he’ll attack runaway spending in DC – The Daily News Online
BATAVIA — Chris Collins, a multimillionaire businessman who helped restore the fiscal health of Erie County as county executive, said he would bring the tough medicine to Congress, leading the charge to drastically cut government spending and the … Inflation … Continue reading
Dollar falls against euro, pound, franc after report shows that US economic growth slowed – Minneapolis Star Tribune
The British pound rose to $ 1.6269 from $ 1.6198 … The dollar fell to 80.39 Japanese yen from 80.95 Japanese yen after In other trading Friday, the dollar fell to 0.9062 Swiss franc from 0.9079 Swiss franc and to … Continue reading
With Ron Paul, GOP expects Wash. convention battle – Seattle Times
Republican leaders are bracing for a combative Washington state party convention as supporters of presidential candidate Ron Paul look to seize more delegates from presumptive nominee Mitt Romney. Paul devotees have fared well in caucus states … Inflation Policy News … Continue reading
Twitter challenges court order in Occupy Wall Street case – Los Angeles Times
Tweeters, it looks like Twitter’s got your back when it comes to the Constitution. In quite a few more than 140 characters, Twitter is saying no way to a court order to give up the account details and communications of … Continue reading
Consumer Price Index M/M – Yahoo Finance
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is … Continue reading
Price of debt-ceiling deal: GOP plan goes ‘for the jugular,’ Dems say – The Christian Science Monitor
Facing the prospect of a draconian “sequester” – the across-the-board cuts that were the price of last summer’s debt deal – the Republican-controlled House Budget Committee on Monday approved a plan Democrats say would “go for the … Inflation Policy … Continue reading
House Republicans target social cuts to shield military – msnbc.com
WASHINGTON (Reuters) – Republicans in the House of Representatives on Monday will fire their first shots of the next deficit-reduction battle, advancing legislation to cut nearly $ 380 billion largely from social programs while protecting defense spending. Inflation Policy News … Continue reading
Paulson Hedge Funds Take Hit on Gold Stocks – Businessweek
In today’s “Movers & Shakers” Bloomberg’s Dominic Chu reports that John Paulson, the billionaire hedge-fund manager seeking to reverse record losses in 2011, lost 6.7 percent last month in one of his largest funds as gold-mining stocks dropped … Inflation … Continue reading
Stocks, Metals Decline on French Elections as Euro Drops – Bloomberg
His platform calls for policies German Chancellor Angela Merkel opposes, including increased spending and a delayed deficit-reduction effort. The new Greek parliament will have three new anti-bailout parties represented. “There’s been a lot … Inflation Policy News Link
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Oil prices rise on improvement in US manufacturing – Yahoo Finance
Oil prices rose Tuesday after growth in the U.S. and Chinese manufacturing sectors signaled more demand for energy products. The improvement for the world’s two largest economies offered some relief from persistent worries about the slowdown in … Inflation Policy … Continue reading