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The Rebound Pact book. Read 17 reviews from the world's largest community for readers. Just one taste is never enough The attraction between Gabrielle. Editorial Reviews. About the Author. Eliza Knight is the bestselling author of several historical romance series. Her many Scottish romance titles include The.
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Retail sales, which fell in July and August, recovered to post a 1. Clothing stores led the way with a 5. Producer prices , those paid by retailers for their goods, fell two-tenths of 1 percent in September, the first time in almost eight years that the key inflation indicator has fallen in two consecutive months. The drop surprised analysts, who were expecting a modest increase, and is likely to help keep the inflation rate well below the 4 to 5 percent forecast by most economists.
Cutting Back. The Financial Corporation of America, parent of the nation's largest thrift institution, is trimming about 20 percent of its work force, cutting executive salaries and getting rid of such luxury items as jets and apartments in an effort to stay afloat.
But the company said the cutbacks were not done at the behest of Federal regulators. Trying to Dig Out. Caterpillar Tractor, with just one profitable quarter in the past eight and with at least another six months of losses on the horizon, slashed its stock dividend to Analysts said that may not be enough, noting that Caterpillar has not diversified as the construction equipment market matured. Eleventh-Hour Votes. Congress, caught in the rush to adjourn, passed a compromise trade bill that extends trade concessions to developing nations and authorizes the first free- trade zone with Israel.
But a long-discussed compromise bill to control exports died when the House attached a ban on new loans to South Africa, and the Senate refused to consider it. A bill to raise the nation's debt ceiling stalled until Friday in Congress, delaying adjournment. Similarly, a stopgap spending bill to allow the Government to continue operating stalled until Thursday.
Uncertainty in the credit markets was fueled by the delay in the debt ceiling bill.
Still, traders remained generally optimistic, and long-term rates moved modestly down. Stocks had a lackluster week, moving in a narrow range.
The bellwether Dow Jones industrial average ended the week at 1, A novel legal theory that had stirred up a hornets' nest among news organizations was abandoned when the Government dropped some charges against a former Wall Street Journal reporter and two co-defendants. The dropped charges were based on the theory that the reporter breached his duty to readers by not disclosing his financial interest in the stories he wrote.