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IBD'S TOP 10.(A)
Oil Prices Dive, Close Under $50
1June crude retreated late, falling $2.05 to $49.72 a barrel, the first close below $50 in more than 2 months. For the week, near-term oil futures fell $5.67, the biggest loss since early Dec. Oil is now 17% off its April 4 all-time high of $58.28. Swelling U.S. crude supplies, which hit a 35-month high, eased concern. More on B17
Stocks Rally Late; Volume Rises
2 The Dow and S&P 500 erased morning losses to close more than 1% higher. The Nasdaq rose 0.9%. Volume was stronger, a positive sign. Oil prices dived, while economic reports indicated inflation isn't getting out of hand. The 10-year Treasury yield rose to 4.20%, mainly on reports China may sell U.S. bonds and reports that it might revalue the yuan soon. More on this page, B6
Q1 Earnings Season Doing Fine
3With 381 of the S&P 500 firms in, profits are up 15.3% vs. a year ago. That's 5.1 percentage points over views, better than the average 3.1-point upside. Financials and consumer discretionary firms are topping views by 8 points. Basic materials and energy firms are posting the strongest earnings growth. Q2 guidance is generally average.
Income, Spending, Inflation Up
- Retirement bill by June; House GOP to include Bush Social Security goals.(PAGE...
- Newspaper article from: The Washington Times April 30, 2005 700+ words
...by June a broad retirement bill that includes Social Security reform and aims...won't just be a Social Security bill; it will be a retirement bill," he said...strengthen and preserve Social Security," said House Majority...
- Analysts urge broad retirement bill.(NATION)
- Newspaper article from: The Washington Times May 20, 2005 700+ words
...addition to Social Security reform. But...supporting a broad retirement bill if it includes...accounts within Social Security. "Attempts...t sneak the Social Security private-accounts...the larger retirement bill he aims to...
- SOCIAL SECURITY ON FAST TRACK.(News)
- Newspaper article from: The Cincinnati Post (Cincinnati, OH) April 30, 2005 700+ words
...their drive to overhaul Social Security, unveiling plans to draft...It won't just be a Social Security bill. It will be a retirement bill," said Rep. Bill Thomas...Apart from changes in Social Security itself, the California...
- Dismantling social security: race becomes a red herring as conservatives tackle...
- Magazine article from: Colorlines Magazine Hernandez, Daisy September 22, 2005 700+ words
...off the Save Our Social Security campaign to talk...Because privatizing Social Security has little public...Republicans are calling "a retirement bill." It addresses...1 in privatizing Social Security. RELATED ARTICLE...
- WILL SOCIAL SECURITY EAT U.S. ECONOMY ALIVE?(L.A. LIFE)(Review)
- Newspaper article from: Daily News (Los Angeles, CA) November 10, 1996 700+ words
...today. There is a Social Security problem. The baby...from the existing Social Security payroll tax will...longer cover the retirement bill. Peterson is right...a plea to reform Social Security, he often adds in...
- BANKER HAS HOLES IN ARGUMENTS ABOUT RESCUING SOCIAL SECURITY.(Lifestyle)(Review)
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) November 16, 1996 700+ words
...there. There is a Social Security problem. The baby...from the existing Social Security payroll tax will...longer cover the retirement bill. Peterson is right...a plea to reform Social Security, he often adds in...
- SOCIAL SECURITY OFFERS PUNY PAYOFF.(Opinion)(Letter to the Editor)
- Newspaper article from: The Post-Standard (Syracuse, NY) February 10, 2002 700+ words
...insurance, taxes and double Social Security. In, "Don't save Social Security to death," (Post...Garcia and Kingson believe Social Security should not be tinkered...take care of our own retirement. Bill Cody Camillus
- BIPARTISAN SUPPORT: PENSION LEGISLATION GETS BOOST AS SOCIAL SECURITY REFORM...
- Magazine article from: Pensions & Investments Anand, Vineeta April 5, 1999 700+ words
...WASHINGTON -- With the chances of a Social Security overhaul this year fading fast...added their names to a broad retirement bill introduced by Sens. Bob Graham...steam on its own and, unlike Social Security, it has bipartisan support...
