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Wednesday, May 14, 2008
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Inflation pressures ease despite food price jump
WASHINGTON (AP) -- Inflation pressures eased a bit in April despite the biggest jump in food prices in 18 years.
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View All ->Indians find U.S. at fault in food cost
(From The New York Times) NEW DELHI -- Instead of blaming India and other developing nations for the rise in food prices, Americans should rethink their energy policy -- and go on a diet. That has been the response, basically, of a growing number of politicians, economists and academics in this country, who are angry at statements by top United States officials that India’s rising prosperity is to blame for food inflation.
3 in 10 get all or most calls on cell phones
WASHINGTON (AP) -- For nearly three in 10 households, don't even bother trying to call them on a landline phone. They either only have a cell phone or seldom if ever take calls on their traditional phone.
Recession? Not so fast
(From The Wall Street Journal) A funny thing happened to the economy on its way to recession: It's taken a detour. That, at least, is the view of a growing number of economists -- including some who not long ago were saying a recession was all but inevitable.
Buy a new car, get the gas for free
(From The Times-Picayune) As gas prices creep toward $4 per gallon, some local car dealerships are hoping to turn consumers' dismay into profits.
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