Thursday, Jul. 24, 2008
FROM THE JOURNAL GAZETTE

WASHINGTON ? The National Association of Realtors reported Thursday that sales dropped by 2.6 percent last month to a seasonally adjusted annual rate of 4.86 million units. That?s more than double the expected decline.

FROM THE NEWS-SENTINEL

WASHINGTON — About 2 million Americans get a raise today as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the increase to consumers.