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Jul 14 2023
News
US economy shifts into disinflation mode; consumer prices rise modestly
U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation subsided further, but probably not fast enough to dissuade the Federal Reserve from resuming raising interest rates this month.
The report from the Labor Department on Wednesday also showed underlying consumer prices posting their smallest monthly gain since
Reuters
Jul 28 2023
News
The Economic News Has Been Almost All Good and Consumers Can Feel It
Consumer sentiment jumped 11% in July as inflation kept slowing and the economy kept growing.
The University of Michigan's Consumer Sentiment Index for the month rose to 71.6 from 64.4 in June. Economists had expected consumers to be a bit more optimistic, forecasting the index at 72.6, according to estimates gathered by FactSet.
"The sharp rise in sentiment was largely
The Messenger
Jul 05 2023
News
Consumers Energy to test burying power lines to bolster grid reliability
A major Michigan power provider announced its plan to test burying power lines to boost the electrical grid’s reliability and resiliency to strong thunderstorms, ice storms and other damaging weather. Consumers Energy officials said they want to launch a targeted pilot program to place power lines underground, if approved by state utility regulators. The goal is to learn how to bury the lines
MLive.com
Aug 04 2023
News
Trump pleads not guilty and phony Wells Fargo accounts confound consumers: Morning Rundown
Donald Trump's indictments motivate throngs of small-dollar donors. Dozens of people report bank accounts in their name at Wells Fargo even though they're not customers. And scientists think they've identified the heaviest animal to ever live. Here’s what to know today. Trump pleads ‘not guilty’ to illegally trying to overturn 2020 election In a Washington, D.C., courtroom on Thursday
NBC News (Online)
Aug 03 2023
News
Bipartisan bill would allow people who consumed marijuana to gain federal employment
Recreational cannabis has been legalized in more than 20 states and Washington, D.C., and there is now a bipartisan effort on Capitol Hill to change a law that limits federal hiring by automatically disqualifying candidates who admit to having used cannabis.
The proposed bill introduced by Rep. Jamie Raskin, D-Md., has already received bipartisan support, with Raskin and Rep. Nancy Mace
Fox News (Online News)
May 04 2023
News
Distant star caught consuming its own planet
Artist's illustration of a planet being absorbed by its star. Image: K. Miller/R. Hurt (Caltech/IPAC) A Sun-like star 12,000 light-years from Earth has been spotted eating one of its planets. Why it matters: The first-of-its-kind discovery is a glimpse into the future of our solar system. In about 5 billion years, our Sun will expand, consuming Mercury, Venus and even Earth. • "The
Axios
Aug 09 2023
News
People Rescued after Jumping Into Ocean to Escape Fire as Flames Consume Maui Tourist Hub
People were forced into the ocean waters off Maui Tuesday to escape a fast-moving wildfire driven by winds from a hurricane passing south of Hawaii. The Coast Guard confirmed it rescued 12 people from water off Lahaina. Structures were burning and evacuations were under way in the popular tourist area whose main street is lined with shops and restaurants. Alan Dickar posted a video on Facebook
The Messenger
Jun 22 2023
News
Amazon accused of tricking consumers into Prime subscriptions, making it hard to cancel
Amazon was sued Wednesday by the Federal Trade Commission for allegedly engaging in a yearslong effort to enroll consumers without consent into Amazon Prime and making it difficult for them to cancel their subscriptions. In a complaint filed in the U.S. District Court for the Western District of Washington, the agency accused Amazon of using deceptive designs, known as “dark patterns,” to
The Oregonian
Aug 04 2023
News
India's New Licensing Mandate On Imports Of Laptops, PCs May Hard-Hit Local Consumers
In a surprise move to boost local manufacturing in the tech sector, India announced restrictions on the import of laptops, tablets, and personal computers. As per a notification released by the Indian Ministry of Commerce, importers will be required to apply for licenses to bring laptops, tablets, and PCs into the country. "Import of laptops, tablets, all-in-one personal computers, and ultra-
International Business Times
Jul 05 2023
News
Consumers Energy will explore burying power lines to prevent outages. Here's where
JACKSON — Michigan’s largest energy provider hopes to launch a pilot program to better understand the benefits of burying power lines. Consumers Energy announced Wednesday, July 5, that it's proposing a pilot program to bury power lines in parts of six counties, pending approval from the Michigan Public Service Commission. The pilot program will target areas of Ottawa, Allegan, Livingston,
Holland Sentinel