WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures. Consumer prices increased 2.9% in August from a year earlier, the …
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Recession specials could be the latest sign of deteriorating consumer sentiment
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.” Lisa Kailai Han | CNBC As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials. Look up the term “recession specials” through Google’s search engine, and the list of results will include entries …
Read More »Moose that forced closure of New York hiking trail is put down after showing signs of deteriorating health
A bull moose whose lingering presence around an Adirondack mountain hiking trail this summer forced its closure was euthanized after showing signs of severely deteriorating health, New York environmental officials said Thursday. The Goodman Mountain trail in the Horseshoe Lake Wild Forest had been temporarily closed since June 6 after the moose began exhibiting “unusual behaviors” and staying on or …
Read More »Micah Parsons-Cowboys relationship deteriorating amid contract standoff: Sources
The relationship between Micah Parsons and the Dallas Cowboys has deteriorated to the point where the star pass rusher is considering drastic measures, which could include a trade request or even a declaration that he is severing his relationship with the team, according to a league source familiar with the situation. The two sides remain far apart heading into the …
Read More »Oxford Economics says the crumbling housing market will continue deteriorating because of two key factors
Mortgage rates are still nearly 7% and home prices are 55% higher than they were at the beginning of 2020, according to the Case-Shiller U.S. National Home Price Index. Housing inventory is slightly rising overall, but it’s not doing so by nearly enough, a May report by the National Association of Realtors and Realtor.com shows. And an analyst note published …
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