If you noticed your utility bill has gone up this summer, you’re not alone. On average, electricity costs are 5.5% higher today than they were a year ago, according to the latest federal data, and natural gas is up 13.8%. Nearly 60 utility companies are set to increase electricity rates this year by more than $38 billion, affecting more than …
Read More »Who’s rising and who’s falling after the final preseason game at Carolina? Pittsburgh Post-Gazette Rapid Reactions: Sun sets on preseason, as Panthers fall to Steelers Carolina Panthers Steelers rookie Ben Sauls boots four field goals as Pittsburgh tames the Panthers yahoo.com Pittsburgh Steelers quarterback Skylar Thompson delivers 24-yard TD to wide open wide receiver Lance McCutcheon NFL.com How to watch tonight’s Steelers preseason game. …
Read More »Jobless claims jump to 2-month high — but still no sign of rising U.S. layoffs MarketWatch US applications for jobless benefits rise last week, but layoffs remain historically low ABC News US weekly jobless claims rise to highest since June Reuters U.S. Jobless Claims Rose Last Week The Wall Street Journal Higher-Than-Expected Jobless Claims Weigh Down Treasury Yields Barron’s Source link
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Pritti Mistry and Emer Moreau Business reporters, BBC News Getty Images Food price inflation has risen for four months in a row The cost of everyday food items from instant coffee to beef and fruit juices has continued to rise. The latest inflation data shows food and non-alcoholic drink prices rose 4.9% in the year to July, the highest annual …
Read More »Trump Energy secretary: ‘We’re going to get blamed’ for rising power prices — but they’re Democrats’ fault Politico Trump tariffs and green energy rollbacks push household electricity bills up 10% The Guardian REPORT: Trump’s Energy Crisis Is Spiking Utility Costs Across the Country Climate Power Trump’s Cuts Could Exacerbate The Energy Emergency Federation of American Scientists Trump’s Energy Chief Braces for Blame Over Price …
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Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Leverage in crypto markets is surging back to bull-market levels, even as last Thursday’s pullback reminded …
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By Jeffry Bartash Consumer and wholesale prices ticked up in July Americans are tired of high inflation. The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ironclad. The latest pair of inflation reports, to be sure, were not reassuring. A key …
Read More »Coronavirus infections are climbing again, marking another summer wave as children go back to school. But this uptick arrives with an added layer of uncertainty because it’s unclear when and which Americans can receive updated vaccines this fall. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Daniel R. Kuritzkes, chief of …
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Bureau of Labor Statistics data shows food prices have spiked by 2.9 percent since last July, and wholesale prices on fresh and dry vegetables increased by nearly 40 percent last month — the biggest increase in the last three years. And rising prices are likely to continue. Why? Donald Trump‘s tariffs. Producers are already seeing rising costs. The Labor Department’s …
Read More »Inflation alarm bells went off again and prices are rising. Just how bad is it going to get? MarketWatch US wholesale prices jump in July as tariffs hit BBC PPI report shows biggest surge in three years. Here’s what that says about inflation. CBS News Republicans say price report is a boon; Democrats say bust. Who’s right? Al Jazeera Wholesale prices rose 0.9% in …
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