AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
IBD's Top 10.(A)(IBD's Top 10 1-5)
Manufacturing Index Dips,
Flashes New Warning Sign
1The National Association of Purchasing Management warned of a deepening recession in U.S. factories. Its purchasing index slid to 43.7 in December from47.7 in November. The December figure was far lower than the 47 reading anticipated - and marked the lowest reading since April 1991. A purchasing managers' index above 50 signifies growth in manufacturing. A figure below 50 means contraction. T
he report should prompt Federal Reserve policy-makers to act decisively, economists said. Some now expect a half-point rate cut.More on this page
Nasdaq Shelling Goes On;
Broad Market Also Dives
2The Nasdaq plunged 7.2% on lighter trade, its seventh worst fall on record. EMC Corp. dived 18% and Network Appliance 20% after Robertson Stephens downgraded the two on worries of slower data storage spending. Five tech-related IBD groups sank 10% or more. Outpatient medical care, dental service, hospital and biotech stocks also sold off. The Dow lost 1.3% on heavier volume. GE, the market's biggest stock, slid 9% and is only a couple ofpoints from a 52-week low. More on A18
- Bush's latest tax cuts seal legacy.(USA)
- Newspaper article from: The Christian Science Monitor September 29, 2004 700+ words
...President Bush signs his latest round of tax cuts, expected within days, he confirms his...s 1981 cut was larger than the Bush tax cuts, relative to the size of the economy...this year - with a record deficit. "Tax cuts will probably be the top element of President...
- Investors Say Job Creation More Important Than Tax Cuts; Only Half of Investors...
- Press release article from: PR Newswire April 21, 2004 700+ words
...had a choice between enacting the 2003 tax cuts or spending additional money to create...cutting the deficit over last year's tax cuts and in fact that less than half of investors (43%) reported benefiting from the tax cuts at all. Fewer Personally Benefited from...
- Tax cuts on the table; Legislation scheduled for House vote.(OPED)(POLITICS IN...
- Newspaper article from: The Washington Times December 8, 2005 700+ words
...limit "revenue loss" associated with tax cuts and political tactics are some of the reasons for not making tax cuts permanent. For example, when Congress...2003 measures) is the only way to pass tax cuts - even on a temporary basis. For example...
- A question of fairness.(Editorials)(Bush's tax cuts should not be made...
- Newspaper article from: The Register-Guard (Eugene, OR) February 14, 2004 700+ words
...stubborn allegiance to his ill-advised tax cuts that he is counting on Americans to come...the Press" host Tim Russert that his tax cuts were the cornerstone of an "economic...the 2004 version of the reason for the tax cuts, but it's not what Bush was telling...
- House GOP backs from big tax cuts.(A)
- Newspaper article from: The Washington Times Roman, Nancy E. Hill, Patrice March 12, 1997 700+ words
...Republican leaders are holding off on big tax cuts - once the crown jewel of their agenda...pass a budget if they don't scale back tax cuts for now. The GOP majority needs the support...spending curbs, and the Blue Dogs oppose tax cuts, saying a balanced budget has to come...
- EDITORIAL: Tax Cuts and Deficits: Bad math, slick politics: We'll pay,...
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) May 30, 2006 700+ words
...while peddling a math myth to the public. Tax cuts won't make the deficits worse, they say. Tax cuts will stimulate so much economic growth that federal tax revenue will actually increase. Tax cuts, they are fond of saying, pay for themselves...
- U.S. can't afford tax cuts any longer, Voinovich says.
- Newspaper article from: Columbus Dispatch (Columbus, OH) February 2, 2006 700+ words
...Torry Feb. 2--WASHINGTON -- Extending tax cuts that President Bush wants to make permanent...grandchildren." Bush called for preserving the tax cuts in his State of the Union address Tuesday...Without reducing spending or allowing many tax cuts to expire, the national debt will ...
- Most Americans Say Job Creation More Important Than Tax Cuts; Nearly Two-Thirds...
- Press release article from: PR Newswire April 15, 2004 700+ words
...had a choice between enacting the 2003 tax cuts or spending additional money to create...cutting the deficit over last year's tax cuts. And a majority of Americans-60 percent...they didn't benefit personally from the tax cuts of 2003. The poll also found that about...