Food prices also spiked. Energy prices surged due to diesel, jet fuel, and industrial electric power. Ugly all around. By Wolf Richter for WOLF STREET. In another inflation shocker – services again! – the Producer Price Index Final Demand for Services exploded by 1.08% in July from June (+13.8% annualized!), the worst since March 2022 when inflation was peaking (blue in the chart). …
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Sony’s chief financial officer has said she expects Marathon to release by the end of March 2026. In a Q&A session following the company’s latest financial results, Sony‘s execs were asked about the current state of Marathon following the shooter’s official delay, and whether it was factored into Sony’s forecast for the current fiscal year. The caller also asked for …
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Expanding the NCAA basketball tournament is on hold for now. NCAA senior vice president of basketball Dan Gavitt announced Monday that the field for the annual spectacle known as March Madness will remain at 68 teams for the 2026 season. “Expanding the tournament fields is no longer being contemplated for the 2026 men’s and women’s basketball championships,” Gavitt said in …
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March Madness won’t be expanding — not yet, at least. The NCAA announced Monday that it will not look to expand the current NCAA Tournament fields from 68 teams for the 2026 championships, but discussions will continue about potential expansion beyond next year. “Expanding the tournament fields is no longer being contemplated for the 2026 men’s and women’s basketball championships,” …
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Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, …
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On March 28, Myanmar was rocked by a 7.8 magnitude earthquake that claimed over 5,000 lives and caused damage even in neighboring countries. In a study published July 10 in The Seismic Record, seismologists confirmed previous research indicating that the southern part of the large earthquake’s rupture, or fracture, took place at astounding speeds of up to between 3.1 and …
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