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Sep 13 2023
The Labor Department said Wednesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.6% in August from the previous month, in line with estimates.
Prices climbed 3.7% from the same time last year, up from 3.2% in July. It marked the second acceleration in the headline figure in more than a year, underscoringFox Business
Sep 27 2023
Yesterday, the FTC and 17 States introduced a suit against Amazon . The long-anticipated suit paints the retailer as exploiting its monopolistic power from consumers, brands, and other parties that interact with the company. But many brands who sell on the marketplace or to the retailer as a vendor feel like the case is focused on issues that are peripheral to the real challenges of doingForbes
Jul 10 2023
China’s consumer inflation rate flattened to zero last month — sparking fears that the country is on the precipice of deflation.
Producer prices fell at their fastest pace in over seven years in June, according to data published Monday from China’s National Bureau of Statistics — indicating that there is both weak demand abroad and at home.
The worse-than-expected economicSemafor
Aug 11 2023
US year-ahead inflation expectations unexpectedly declined in early August, matching a more than two-year low, despite higher gasoline and grocery costs. Americans expect prices will climb at a 3.3% rate over the next year, down from the 3.4% expected in July, according to the preliminary August reading from the University of Michigan. They see costs rising 2.9% over the next five to 10 yearsBloomberg
Sep 13 2023
Prices for U.S. consumers grew 3.7% in August as gasoline prices spiked, according to the Bureau of Labor Statistics.
Inflation was about equal to expert projections, and prices rose at a faster pace than the previous month.
Economists had expected the data to show a 3.6% overall increase in inflation compared to a year ago. That makes the second time the year-on-year inflationNBC News (Online)
Jul 13 2023
(Bloomberg) — The U.S. Federal Trade Commission has sent a request for information to startup OpenAI as part of a probe into its ChatGPT conversational AI bot, according to a person familiar with the request. The document request was sent recently to the Microsoft-backed AI company seeking information on whether ChatGPT harms consumers, according to the person, who asked not to be namedThe Seattle Times
Aug 25 2023
JACKSON, MI (WKZO AM/FM) – Consumers Energy says it has been joined by out-of-state crews to restore power after damaging storms swept through the state Thursday evening. More than 660 crews, including those from Indiana, Ohio, Illinois, Alabama, Kentucky and Pennsylvania, will be working to restore outages by the end of Sunday. “We are all hands on deck on this storm, across the company,”WTVB
Jul 05 2023
After a number of lengthy outages this year, including a major ice storm that left Jackson residents without power for several days, Consumers Energy customers are asking for action to keep it from happening again. “We had family friends, for three or four days without heat in the middle of winter, and that’s super scary and not fun,” said Potterville resident Emme Dreysse. Consumers EnergyWILX 10