Chicago area National Association of Purchasing Management rose to 62.1 this month from 57.1 in August - economy may be accelerating calling for more rate hikes
Jasmine Sholey
Sep. 29, 2006

The economy is giving mixed signals. While stagnation was evident from lower personal income rise and spending, the NAPM Chicago index showed very healthy signs.

Chicago area National Association of Purchasing Management rose to 62.1 this month from 57.1 in August - economy may be accelerating calling for more rate hikes by the Fed.

The report was a surprise and the long bonds fell after the report.

The report shows that inflation cycle may not be over yet. Stagnation may be accompanying spot infaltion.

Chicago area National Association of Purchasing Management rose to 62.1 this month from 57.1 in August - economy may be accelerating calling for more rate hikes
Jasmine Sholey
The report was a surprise and the long bonds fell after the report.
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Cell phone companies are now running for cover after allowing fraudulent access of the phone records of customers - HP fall out on Verizon and Cingular
Media Release
The cell phone companies are suing those who fradulently accessed their phone records for HP. But the bigger question is why did these cell phone companies allow anyone to access the customer calls details. Was this a failure or breach of privacy?
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Amaranth gets closer to liquidation - talks with Citigroup fails
Harry Henderson
The hedge fund lost more tha $6 billion on matural gas bets.in futures market.
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United Airlines planning for some major mergers and acquisitions
Paula Robson
Glenn Tilton will be the flagship leader till 2011 and United will become the largest airlines in the wrold.
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A new trend in America - Corporations start influencing employees to vote - WalMart takes the lead with its 1.3 million workers
John Peterson
Voting as a block can give corporations enormous power.
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Venezuela and Nigeria decide to cut 200,000 barrels a day but that cannot stop crude oil to plunge below $30 a barrel
Lauren Morgan
the unilateral cut will do nothing to stop the collapse of thenoil market - excess supply and alternative fuels will take it over.
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Stock market may have topped out yesterday as stagflation take hold of the economy
Sam Adelton
The Dow ended the day with a 40 points drop after trying to make a new high all day.
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J. Crew Group's Board of Directors including Co-Founder Emily Scott, resign - another corporate scandal?
Sushmita Basu
The company went public on on June 28 and already three of the directors including the cofounder have decided to quit.
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