Keyword: itstheeconomy
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The Port Authority of New York and New Jersey is the latest regional agency to ask federal officials for a bail out, citing coronavirus related travel losses at all its facilities. The request for $1.9 billion was made in a letter to members of the New Jersey and New York congressional delegation Friday, citing a drop in traffic volume or ridership at all of its facilities as the reason. The coronavirus related fall off comes after the authority reported record volumes of traffic the its six bridges and tunnels, four airports, PATH rail system and cargo ports in 2019.
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Sixteen years ago, Bill Clinton surged to an improbable presidential victory over incumbent George H.W. Bush, primarily on the strength of a snarky campaign phrase: "It's the economy, stupid." Now, Republicans appear to be crafting their own version in an effort to recapture both chambers in Congress next year. Their message: President Obama's fiscal policy "spends too much, taxes too much and borrows too much."
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And, the most Liberal senator, Barack Hussein Obama, Cannot legitimately even pretend that he can offer it ....
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NEW YORK Wall Street extended its October rally Monday as investors grew more optimistic about upcoming earnings reports, and a decline in oil bolstered hope for higher consumer spending. The Dow Jones industrials crossed 12,100 for the first time. Dow component Wal-Mart Stores Inc., which said it will cut capital spending to improve its profits, helped the blue chips to their new trading high. Strength from International Business Machines Corp., Hasbro Inc., and Xerox Corp. also fed the advance. Just halfway through third-quarter earnings season, generally upbeat reports have instilled new confidence about the future in investors. "The picture being...
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Good morning to all, I am watching Fox News Channel, and the Dow has crossed 12,000. As of this type, it is up 90.61 at 12,041.99. Of course, it is changing faster than I can type it, so I'll let those more qualified than me, keep up with it.
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NEW YORK, Oct 18 (Reuters) - U.S. stock futures rose on Wednesday, lifted by a string of positive earnings reports by tech companies and after an unexpected rise in housing starts, coupled with benign inflation data. Shares in companies including Intel Corp. (INTC.O: Quote, Profile, Research), Yahoo Inc. (YHOO.O: Quote, Profile, Research) and IBM Corp. (IBM.N: Quote, Profile, Research) rose before the bell in composite trading and in Europe after they reported solid financial results or outlooks. JPMorgan Chase & Co. (JPM.N: Quote, Profile, Research), the third largest U.S. bank, said its third-quarter net income rose sharply on record investment...
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The federal budget estimate for the fiscal year just completed dropped to $250 billion, congressional estimators said Friday, as the economy continues to fuel impressive tax revenues. The Congressional Budget Office's latest estimate is $10 billion below CBO predictions issued in August and well below a July White House prediction of $296 billion. The improving deficit picture _ Bush predicted a $423 billion deficit in his February budget _ has been driven by better-than-expected tax receipts, especially from corporate profits, CBO said.
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HERE'S MORE BAD NEWS FOR DEMOCRATS It would seem that March was a pretty good month for job creation. Preliminary figures show that there were more new jobs created in March than in any month since 2000. How many? About 120,000. There are predictions that as many as one million jobs or more may be created before the election. Kerry knows the numbers look good, and he needs a way to overshadow the latest statistics. So ... he has now come up with some sort of a grand plan to create 10 million new jobs. sKerry says he will put...
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What are you most concerned about as we head into 2003?
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Hardcover: 432 pages ; Dimensions (in inches): 1.42 x 9.04 x 7.00 Publisher: Henry Holt & Company, Inc.; ISBN: 0805068937; 1st edition (November 12, 2002) In-Print Editions: Audio Cassette (Abridged) | Audio CD (Abridged) | All EditionsAverage Customer Review: Based on 26 reviews. Write a review. Amazon.com Sales Rank: 3,693
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