Today’s news update includes the faces of the tea party movement, social security benefits update and retail sales.
Social Security benefits will remain flat for 2nd straight year, government says
For the second year in a row, the nearly 54 million retirees and other Americans who receive Social Security benefits will not get any cost-of-living increase in 2011 in their monthly checks, government officials announced Friday morning.
Faces of the Tea Party Movement
While a few issues like smaller government bind most Tea Party candidates together, there are loose factions within the movement. Click the above title to see a few of the groups and a sampling of candidates in each.
Retail Sales in U.S. Climbed More Than Forecast in September
Retail sales in the U.S. climbed more than forecast in September, easing concern consumer spending will weaken and endanger the recovery.
Purchases rose 0.6 percent following a 0.7 percent gain in August that was larger than previously estimated, Commerce Department figures showed today in Washington. Other reports showed inflation cooled even further last month and manufacturing in the New York region accelerated.