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Another Bidenflation Setback as Producer Prices Climb Again

Prices of U.S.-produced goods and services rose at an even more brisk pace in October, potentially posing a long-term challenge to the Federal Reserve's efforts to bring inflation down to pre-pandemic levels. It suggests that. The Labor Department said Thursday that the producer price index (PPI), which measures the price producers receive for goods and […]

‘Blade Runner 2049’ producer sues Tesla, Warner Bros over AI images

Film and television studio Alcon Entertainment on Monday accused Tesla and Warner Bros. Discovery of using images related to the movie “Blade Runner 2049” to promote Tesla's new self-driving cybertaxi.・Sued Discovery. alcon california federal government lawsuit It alleged violations of U.S. copyright law and accused Tesla of “false endorsement” for suggesting a relationship between Alcon […]

Inflation Picked Up Again in August, Producer Price Index Shows

A key measure of U.S. inflation showed prices rising faster in August than the previous month, with prices of services rising sharply while prices of goods remained steady. The Producer Price Index (PPI), a measure of final demand, rose 0.2% from the previous month, beating the expected 0.1% increase, although the previous month's figure was […]

Producer Prices Increased by Less Than Forecast in July

U.S. inflation pressures showed further signs of easing in July, with producer prices rising just 0.1%, less than expected. According to the Bureau of Labor Statistics, the Producer Price Index (PPI) for final demand, which tracks the average change in selling prices received by domestic producers of goods and services for the products they sell […]

US producer prices rise less than expected in July

The Conference Board’s chief economist, Dana Peterson, analyzes the job market and consumer confidence on “Making Money.” U.S. producer prices grew slower than expected in July as rising commodity prices were tempered by lower services prices, suggesting inflation continued to ease. The Labor Department’s Bureau of Labor Statistics said on Tuesday that the producer price […]

Daniel Selznick, TV producer and scion of legendary Hollywood family, dies at 88

Daniel Selznick, producer of films like Gone with the Wind and Blood Faded and the last person directly involved with Hollywood’s iconic family, has died. He was 88 years old. Selznick died of natural causes on Thursday at the Motion Picture Country Home in Woodland Hills, California, where he had lived for many years, Fox […]