91. The gain pushed starts of new houses to their highest level since February. 92. The Goldman Sachs Commodity Index, boosted by crude oil and natural gas, reached its highest level since January. 93. The index is at its highest level since July. 94. The fed funds target has stood at that level since January of last year. 95. The inflation rate has remained at single-digit levels since June last year. 96. The Ifo economic research institute said Western German business confidence in July rose to its highest level since last November. 97. The Ifo institute said German business confidence was at its highest level since November, signalling the economy is set to pick up. 98. The jobs growth drove bond yields to the highest levels since August suggesting the economy is rebounding, reviving the risk of inflation. 99. The government said new claims for unemployment insurance fell last week to the lowest level since mid-February, indicating some leveling in layoffs. 100. The main culprits are higher food costs and surging gasoline prices, now at the highest levels since the Persian Gulf War. |