Financial news on June 14, 2008

Business and Financial news
Canada Orders the Recall of Some Rail Car Wheels

About 10,000 wheels used on railroad freight cars operating throughout North America are being recalled for safety reasons. Read more..

By IAN AUSTEN - The New York Times

Oil and Food Prices Add to Inflation Pressures

Consumer goods rose at their fastest pace in six months, underscoring warnings that the Fed might raise interest rates by the end of the year. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

See what else happened on June 14, 2008