Producer prices came in higher than expected today, so did the consumers prices earlier this week. Producer prices show what producers pay to make goods, which ultimately affects consumers.
Strong jobs data coincides with planned mass job cuts. Today’s January jobs report showed that 353,000 jobs were added.
The Federal Reserve will maintain current interest rates, with no cuts announced despite the central bank having suggested several cuts this year.
President Biden announced the U.S. will respond to an Iran-backed drone strike in Jordan that killed three U.S. service members.
A crucial update on the ongoing recovery efforts in Maui, more than five months after deadly wildfires ripped through Lahaina.
The devastating Maui fires continue to take center stage in the state government.
In the heart of California’s deep blue landscape, a rebellion is brewing in one of the few red counties – Shasta County.
The prices of the products that producers make went down in December by a little bit, 0.1%, to be exact.
The Consumer Price Index report for December, released today, reveals an annual inflation increase of 3.4%, surpassing expectations.
It has been 90 days since the 10/7 massacre, rape, and kidnapping of women and children in Israel, with hostages still being held in Gaza.