Republicans Are Good With Money
May 17th, 2006 at 1:14 pm by Susie
More good news from BushCo:
NEW YORK - Stocks plunged Wednesday after a stronger-than-expected rise in consumer inflation intensified Wall Street’s fear that interest rates will keep climbing. The Dow Jones industrial average lost almost 150 points.
Investors were disappointed by a Labor Department report that its consumer price index swelled 0.6 percent in April, ahead of forecasts of a 0.5 percent gain. But core CPI — without food and energy — also grew a faster-than-anticipated 0.3 percent, adding to worries that soaring oil prices have begun to lift prices elsewhere.
