Producer Inflation Makes Biggest Jump In A Year In Potential Warning Sign For Future Economy
A measure of wholesale inflation that tracks prices before they reach consumers surged to its fastest annual rate since April 2023, according to new data released Tuesday by the Bureau of Labor Statistics (BLS). The producer price index (PPI) rose 0.5% in April, totaling a 2.2% annual rate, far higher than estimates that the index […]
Wholesale inflation unexpectedly jumps again to highest level in a year
Gina Bolvin, president of Bolvin Wealth Management Group, discusses commodity movements, expected inflation data, the housing industry and the outlook for consumers. Wholesale-level inflation is much higher than expected in April, the latest sign that price pressures in the economy remain high and difficult to contain. The Labor Department announced Tuesday that it will measure […]
A Tough Year For Economists, A Great Year For Investors
It has been said, that if you could place all the economists in the world end to end, that would be a good idea. In that position, they might have been more useful than they were in 2023. While it has been a wild ride, in 2023, in the end, it has been a good […]
Ex-WV health official gets year of probation for lying about COVID test invoices
A former West Virginia health official was sentenced Monday to one year of probation for lying about whether he reviewed vendor invoices from companies claiming to perform COVID-19 tests in the state. It was announced. Timothy Priddy was sentenced in federal court after pleading guilty to making false statements to investigators. An indictment filed in […]
Stock futures are slightly up after Dow's best week of the year, investors look toward inflation data: Live updates – CNBC
1 hour ago European markets open mixedly European markets started the new trading week in mixed territory, with the pan-European Stoxx 600 index rising slightly, rising 0.03%. Britain’s FTSE 100 index rose 0.07% to 8,439, Germany’s DAX fell 0.13% to 18,748, France’s CAC fell 0.4% to 8,216 and Italy’s FTSE MIB rose 0.4% to 34,808. […]
Warnings of heavy rain across UK after hottest day of year | UK weather
Weather warnings for rain have been issued across the UK after the hottest days of the year so far. Temperatures reached a maximum of 26.5C (79.7F) on Sunday, but the Japan Meteorological Agency said recent warm and sunny days could end by Monday morning. Temperatures surpassed the previous record of 25.9C this year on Saturday, […]
Save $10,000 in a year by following these tips like using a high-yield savings account and creating a budget
Dave Ramsey, founder and CEO of Ramsey Solutions, shares how Americans can financially prepare for retirement on “The Bottom Line.” Saving money all starts with a specific goal. So let’s start with $10,000 per year. Saving money is hard. There is pressure all around us to buy and buy, bills to pay and debts to […]
STEVE PAVLICK: Will There Be Election-Integrity Concerns This Year?
An October 2023 Public Affairs Council/Morning Consult poll found that only 37% believe the 2024 elections will be both honest and open to all eligible voters. Democrats were more confident in the integrity of the election process, with 50% saying they believed the elections would be honest and open; just 35% of Republicans and 24% of independents […]
San Francisco slammed for $5M a year program to give free alcohol to the homeless: ‘This isn’t working’
A program that provides free booze to San Francisco’s homeless alcoholics came under fire this week after a tech company CEO questioned the logic of feeding the addicts of the city’s street dwellers. Adam Nathan, founder and CEO of Blaze, an AI marketing tool for small businesses, and chair of the Salvation Army San Francisco […]
Commanders’ Jayden Daniels and Giants’ Malik Nabers call off Rookie of the Year wager
A $10,000 bet between Washington Commanders quarterback Jayden Daniels and New York Giants wide receiver Malik Nabors for the NFL’s Rookie of the Year title didn’t last long. The former LSU teammates decided to call off the bet. “We weren’t educated about the NFL’s gambling policies,” Daniels said after the first practice of the manager’s […]