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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
Jul 25 2023
Partisan culture wars are boiling over on House spending bills touching on even the most mundane agencies — complicating Congress’ efforts to keep the government operating past September.
Republican policy riders seeking to limit diversity efforts, drag shows, Pride flag displays and promotion of critical race theory are rife throughout the House’s dozen proposed annual spending bills,Politico
Jul 19 2023
Goldman Sachs GS 3.08%increase; green up pointing triangle reported significantly lower profit for the second quarter, hurt by write-downs in its consumer and asset-management businesses. The bank on Wednesday said quarterly profit was $1.22 billion, down 58% from a year ago. That amounted to $3.08 per share, which missed the $3.16 per share expected by analysts polled by FactSet. Revenue wasWall Street Journal (News)
Jun 20 2023
Texans are being urged to limit power use amid searing heat that’s projected to send electricity demand to an all-time high amid tight supplies. The Electric Reliability Council of Texas called for voluntary conservation efforts on Tuesday in an effort to avoid entering emergency conditions that could entail blackouts, Chief Executive Officer Pablo Vegas said during a board meeting. SpareMidland Reporter Telegram
Aug 10 2023
For the first time in more than 12 months, consumer prices heated up on an annual basis.
The Consumer Price Index rose 3.2% for the year through July, up from June’s 3% annual increase, according to data released Thursday by the Bureau of Labor Statistics.
Persistently high inflation — specifically grocery, gas and rent prices — continues to weigh on consumers, and July’s reportCNN Business
Oct 11 2022
The litmus test for government antitrust actions has traditionally been the consumer-welfare standard developed by Robert Bork: If consolidated market power doesn’t lead to higher prices, consumers haven’t been harmed, and there’s no justification for government to act. By this view, Big Tech is off the hook. Its prices are low, sometimes free.Wall Street Journal (Opinion)
Jul 05 2023
MID-MICHIGAN (WJRT) - Areas of two Mid-Michigan counties prone to power outages may get some help as part of a Consumers Energy pilot study. The utility announced plans Wednesday to bury some power lines in Genesee, Iosco and four other counties to see how the projects reduce the number and duration of power outages. Consumers Energy is asking the Michigan Public Service Commission, whichABC 12
May 10 2023
The consumer price index rose at a quicker monthly pace in April as costs for used cars and trucks soared — the latest sign of sticky inflation pressures across the economy.
Why it matters: The consumer price index rose 0.4% in April, faster than the 0.1% rise the previous month. The measure that excludes energy and food prices continued to rise at a quick pace, a worrying sign forAxios
Jul 05 2023
JACKSON, Mich. — Consumers Energy announced Wednesday it has proposed a pilot program that would bury Michigan’s power lines. The energy service provider says burying power lines would bolster the state’s electric grid and decrease the rate of power outages while saving money in their effort to improve Michigan's electric infrastructure. “We know burying power lines will help make the gridFox 17 West Michigan