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Inflation Seems To Be In Check
There are signs that the recovery from recession is not stoking inflation. The cost of living in the US rose at a slower pace while manufacturing has expanded in the New York and Philadelphia regions. Reports from the Federal Reserve Banks of those cities indicate that factories increased production...
Insurance Leader Advocates Industry Responsibility
Tom Wilson, the chief executive of Allstate Insurance, called for a federal insurance regulator to oversee the regulation of national insurance companies. In an opinion piece, in the New York Times, Wilson owns up to the part that insurance companies have played in the collapse of the financial markets,...
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