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IBD'S TOP 10.(A)
Dec. Consumer Spending Rose 1Consumers pushed up spending 0.9%, the fastest pace in five months. The gain was largely built on zero-financing deals that lured car buyers to dealers. Spending rose 0.4% in Nov. Incomes rose a solid 0.4%, up from 0.3% in Nov. Disposable, or after-tax, income grew 0.4%, the same as in Nov. The personal savings rate dipped to 4.1% from 4.5% in Nov. See A1, Vital Signs Blair Wants 2nd U.N. Resolution 2President Bush says the U.N. already authorized the use of force in Iraq. His closest ally, Britain's Tony Blair, wants to press for another U.N. measure to get more allies aboard. The British public overwhelmingly opposes attacking Iraq. After a White House meeting, Bush and Blair proclaimed Saddam Hussein is still not disarming. Chip-Gear Upturn Hopes Dashed 3Applied Materials said its latest orders came in far below expectations. The No. 1 maker of equipment used to manufacture chips projected $1.56 bil in new orders for its Q1, which ended Jan. 26. That's 35% below the fourth quarter. It had expected new orders to fall 20%. Applied's orders could signal a dreaded double-dip recession for the chip industry. More on this page
Chicago Factory Index Healthier
4The region's factory index climbed to 56 in Jan., said the National Association of Purchasing Management-Chicago. It was the best reading since 59.2 in May and topped analyst views of 53.0. The index climbed from Dec.'s 51.7. Firms filled new orders after drawing down inventories for almost three years. More on this page
Yen Sale, Factory Data Lift Dollar
5The dollar bought 119.87 yen, up from 118.96 Thurs., after the Bank of Japan admitted it covertly sold yen for dollars during mid-Jan. That's to keep the yen cheap and Japan's export economy on the recovery track. The euro traded near $1.0767, down from $1.0823, as the stronger Chicago purchasing manager report boosted the buck.
Bush Looks At Tax-Free Savings
6President Bush ...
- North Korea's nuclear disclosure also reveals U.S. policy failure.
- Newspaper article from: Chicago Tribune (via Knight-Ridder/Tribune News Service) October 17, 2002 700+ words
...Although this week's revelation that North Korea has a nuclear weapons program was seen...pursued a program of nudging and coaxing North Korea into compliance with international treaties...such as uranium. For just as long, North Korea has prevented inspections of key sites...
- North Korea Agrees To Nuclear Inspection; Tentative Pact Covers Only Declared...
- Newspaper article from: The Washington Post R. Jeffrey Smith January 4, 1994 700+ words
North Korea has agreed to allow a new international...international effort to block new work by North Korea on a nuclear arsenal, the officials...additional, undeclared nuclear sites in North Korea and it also does not ensure repeat inspections...
- North Korea Offer Conditional Talks with U.S.
- Newspaper article from: Knight Ridder/Tribune Business News January 4, 2003 700+ words
...Jan. 4--SEOUL, South Korea -- North Korea offered conditional talks Friday with...dispute. The Bush administration rejected North Korea's proposal, which was similar to...named said a rare news conference by North Korea's ambassador to China outlining Pyongyang...
- NORTH KOREA THIS WEEK NO. 439 (March 8, 2007)*** NEWS IN BRIEF (Part 2).
- News wire article from: YON - Yonhap News Agency of Korea March 9, 2007 700+ words
North Korea to counter enriched uranium program allegations: report SEOUL (Yonhap) -- North Korea is ready to counter allegations that it...Association of Korean Residents in Japan. North Korea had stated its position to the U.S...
- North Korea's troubled road to the IMF.
- News wire article from: United Press International October 25, 2002 700+ words
...Monetary Fund official said Thursday that North Korea could be invited to take part as an...Managing Director Horst Koehler said that North Korea would be invited to observe the 2003...prepared to offer technical assistance to North Korea. An IMF official, however, denied...
- Engaging North Korea Was a Failure, Critics Say.
- Newspaper article from: Knight Ridder/Tribune Business News October 18, 2002 700+ words
...Although this week's revelation that North Korea has a nuclear weapons program was seen...pursued a program of nudging and coaxing North Korea into compliance with international treaties...such as uranium. For just as long, North Korea has prevented inspections of key sites...
- NORTH KOREA NO THREAT TO THE U.S. MILITARY.(Perspective)
- Newspaper article from: Albany Times Union (Albany, NY) June 9, 1991 700+ words
...Panama in 1989; and Iraq in 1991. North Korea is being suggested as the next such villain...the Defense Department is pointing to North Korea as the enemy. Is it right to demonize North Korea to keep these bases? In March, the U...
- North Korea Sticks to Rhetoric, Pretends to Ignore Mounting Pressure.
- Newspaper article from: Knight Ridder/Tribune Business News January 9, 2003 700+ words
...With the diplomatic ball in its court, North Korea stuck Wednesday to its long-held game...Tuesday and formally agreed to talk with North Korea, the isolated communist country's...between North and South Korea. What North Korea dismissed as a false rumor is the U...