Free Republic

NEW YORK (AP) -- Stock futures tumbled Wednesday after economic policymakers signaled that they may be less willing to fund more economic growth through bond purchases. The Dow Jones industrial average futures fell 112 points to 13,020. The Standard & Poor's 500 index futures fell 12.1 points to 1,396.7. The Nasdaq composite futures slipped 21.25 points to 2,757.75. The Institute for Supply Management will release its services index at 10 a.m. Eastern time and economists expect it to show that growth has cooled compared to February, which came in at the highest growth in a year. But it was the...

ROCKLIN, Calif. - Gov. Arnold Schwarzenegger distanced himself Tuesday from a measure that would limit the use of union dues for political purposes, just one day after his chief strategist said the governor was considering campaigning for its passage. The Legislature's Democratic majority considers the dues initiative the most threatening of the Republican-backed measures that could be put before voters in a possible special election this fall because it would effectively dry up a major source of their campaign money. The governor has until mid-June to decide whether to call the election but has said he would rather work out...