Newsroom Headlines

May 10, 2005 Asbestos Bill Talks Continue The outcome of asbestos legislation slated for a markup this week remains unclear, CongressDaily reported. Aides and lobbyists predict the long-debated bill

May 9, 2005 Senate Resumes Asbestos Markup This Week The Senate Judiciary Committee on Thursday will resume its markup of asbestos legislation and is hoping to wrap up work on the long-debated bill

May 6, 2005 Jobs Growth Was Surprisingly Robust in April U.S. employers created a surprisingly large 274,000 new jobs in April and added more workers in each of the two preceding months than first

May 5, 2005 Consumers Turn Cautious, Damping Retailers’ Results Consumers showed more signs of caution during April, giving the nation’s retailers mixed sales results for the month, the Wall Street

May 4, 2005 Fed Raises U.S. Rates to 3 Percent The Federal Reserve raised interest rates by a quarter-percentage point, as expected, yesterday, and signaled that rates will continue to rise at a

May 3, 2005 The Fed Is Expected to Raise Rates Again Despite growing evidence of an economic slowdown, the Federal Reserve is not going to keep rates steady, the New York Times reported. The Federal

May 2, 2005 Bush Defends Plan to Limit Retirement Benefits President Bush on Saturday defended his plan to cut the growth of some retirement benefits, saying it will fix most of Social Security’s

April 29, 2005 Economic Slowdown Surprises Experts U.S. economic growth slowed sharply in the first three months of the year, to the weakest pace in two years, as surging energy costs caused consumers

April 28, 2005 Economy Grows at Softest Pace in 2 Years The U.S. economy grew at its softest pace in two years during the first quarter of this year, slowing to a 3.1 percent annual rate of expansion

April 27, 2005 Markup Forcing Senators to Take Sides on Asbestos Bill Critics and supporters of the asbestos bill faced off at a Senate hearing yesterday as Judiciary Chairman Arlen Specter (R–Pa.)