Business News: Inflation takes a breather as gasoline and home costs help

11:41 am ET Sep 15, 2006

Inflation takes a breather as gasoline and home costs help

Consumer price inflation moderated in August as gasoline and home
ownership costs rose at a slower pace, the Labor Department said
Friday.
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Ford to slash 14,000 salaried jobs, offer union buyouts

Ford Motor Co. said Friday it's cutting its salaried work force by
one-third -- or 14,000 jobs -- and offering buyouts to all 75,000 union
workers in a massive restructuring to cut $5 billion in costs.
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DaimlerChrysler cuts 2006 outlook, shares slide

LONDON -- Shares in German automaker DaimlerChrysler slid in Frankfurt
and New York Friday after the company slashed its outlook for 2006,
citing difficult trading conditions at its U.S. operations.
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Housing, community trends emerge for aging baby boomers

CHICAGO - The country's more than 77 million baby boomers represent
more than a quarter of the U.S. population and have a substantial build
up of spending power. As more of them move toward retirement age,
businesses are paying attention to what this generation's real estate
needs are.