Inflation Surges Twice As Much As Expected
Key inflation indicators rose sharply in February, confirming that the pace of inflation is accelerating as the new year begins. The producer price index, which measures the prices U.S. businesses pay for goods and services, rose 0.6% in the second month of 2024, the Labor Department said Thursday. This was twice the producer price index […]
Denver faces worst snowstorm in 3 years with travel disruptions, feet of snow expected in Front Range
Snow continues to fall across Centennial communities during what could be the biggest event to affect Denver and Boulder in three years. This powerful winter storm is the first in three years since Denver last saw a significant snowstorm, when the Mile High City saw well over 2 feet of snow during the March 14, […]
Near-record energy sector methane emissions expected to fall: IEA
Fossil fuel emissions from methane, which is more powerful than carbon dioxide, are projected to fall after rising last year, according to a report. report The International Energy Agency (IEA) announced on Wednesday. According to the IEA, the leading emitters will emit about 80 million tons of methane emissions from fossil fuels in 2023, with […]
Savannah’s 200th anniversary St. Patrick’s Day parade expected to draw historic crowds
There were no green beers, no pickup trucks pulling parade floats, and no hordes of tourists in flashy green costumes. Instead, dozens of Savannah’s early Irish immigrants marched half a mile from their hotel near the riverbank to attend a special service at Savannah’s only Roman Catholic church at the time. This modest procession on […]
Annual inflation rose to 3.2 percent in February, hotter than expected
Consumer prices rose at a faster monthly and annual rate in February, according to inflation statistics released by the Labor Department on Tuesday. The Consumer Price Index (CPI), which is closely watched as an indicator of inflation, rose at an annual rate of 3.2% in February and 0.4% last month. Consensus estimates show annual inflation […]
Consumer Prices Rising Faster Than Expected
U.S. households suffered a second straight month of sharp rises in prices in February, undermining the Biden administration’s claims that policy is keeping inflation in check and dampening hopes for Fed rate cuts in coming months. The consumer price index rose 0.4% in February, exceeding the rate of increase in January and marking the fourth […]
US inflation rose 3.2% in February, higher than expected
U.S. inflation rose 3.2% in February, which is also a stubbornly high number and likely won’t incentivize the Federal Reserve to cut interest rates this spring. The consumer price index, which measures changes in the cost of everyday goods and services, was slightly higher in February than the 3.1% headline inflation rate of economists surveyed […]
Inflation ran hotter than expected in February as high prices persist
QI Research CEO and Chief Strategist Daniel DiMartino Booth responds to the ‘Apollo’ article claiming the Federal Reserve will not cut interest rates in 2024. Inflation unexpectedly rose in February due to soaring gasoline and rent prices, highlighting the challenge of containing price pressures in the economy. The Ministry of Labor announced on Tuesday that […]
Biden administration expected to soon announce strategy for placing electric truck charging infrastructure in busy stretches: Sources
Two sources told The Hill that the Biden administration will soon announce a strategy to install electric freight truck charging infrastructure in strategic and high-traffic corridors. One source said the strategy could be announced on Tuesday. Proponents of this approach argue that it could make more infrastructure available in locations where trucking occurs frequently, making […]
Locking it up: Trump, Biden, expected to clinch GOP, Democrat, presidential nominations in Tuesday’s primaries
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