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May 16 2024
News
Letters: Missing data
Submit your letter to the editor via this form. Read more Letters to the Editor. It’s great that the study focuses on low- and moderate-income learners and actual typical cost and long-term salaries, but the results aggregate programs and outcomes in a way that distorts some of the key conclusions. The mounting cost of traditional four-year college programs can take years to offset for those
San Jose Mercury NewsMay 15 2024
News
Inflation fell in April to 3.4 percent
Inflation slowed down in April after several months of faster-than-expected price increases, according to data released Wednesday by the Labor Department. The consumer price index (CPI), a closely watched inflation gauge, rose 0.3 percent in April and 3.4 percent over the previous 12 months, in line with economist expectations. Both monthly and annual inflation fell 0.1 percentage points from
The HillMar 14 2023
News
Inflation fell for the eighth-straight month in February
Inflation remains elevated but the temperature is coming down, according to the latest Consumer Price Index.
The closely watched gauge of inflation, released Tuesday morning, showed that annual price increases continued to slow in February.
CPI measured 6% for the year ended in February, down from January’s 6.4% and in line with economists’ expectations.
On a monthly basis
CNN BusinessMay 13 2024
News
An Inflation Test Looms Over the Economy and the Election
Wall Street is increasingly divided over whether the Fed will cut interest rates by Election Day. New inflation data out this week will go a long way toward settling that question, as polls show that President Biden is struggling to convince voters that he’s done a good job on the economy. It’s a big week for economic data with mixed signals on inflation. A first-quarter uptick in inflation
New York Times (News)May 11 2024
News
Sugar Grove nursery destroyed in February storm reopens
SUGAR GROVE, Ill. — A nursery in Sugar Grove is finally ready for a busy spring after it was destroyed in a storm in February. When it comes to gardening, timing is everything. Mother’s Day weekend usually signals the end of frost, giving flowers a chance to flourish. “It’s our busiest day today and tomorrow and we will stay open as late as people come out. You can see it the parking lot is
WGNOct 26 2023
Analysis
Strong Growth Data: No Soft Landing for Inflation
For those who follow closely the Atlanta Fed’s invaluable GDPNow estimate, today’s 4.9 percent real annual growth rate for the third quarter was a slightly negative surprise, as the mavens in Atlanta expected the number to be north of 5 percent. But for virtually everyone else who has been dining on a steady diet of “soft landing” rhetoric from Fed watchers, it was a major upside surprise. So
National Review (Opinion)Jan 12 2024
News
Stocks end little changed as earnings offset inflation data
U.S. stocks closed barely changed on Friday, after wavering between modest gains and losses, as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve.
On Friday, data showed U.S. producer prices unexpectedly fell in December as the cost of goods such as food and diesel fuel declined, while prices for services
ReutersMay 15 2024
News
A Primer for Investors on Data Centers
In the digital age, data centers are the unsung heroes, powering essential services like internet searches, streaming, and increasingly, the artificial intelligence applications that are becoming integral to our technological landscape. As the demands on these facilities grow due to AI advancements and high-performance computing needs, a significant evolution is underway, shaping the future of
Newsmax (News)May 14 2024
News
Argentina Monthly Inflation Cooled for Fourth Straight Month
Monthly inflation in Argentina slowed in April for the fourth straight month, dropping into single-digit territory for the first time in Javier Milei ’s presidency.
Consumer prices in April rose 8.8% in April from March, in line with economists’ expectations . From a year ago, inflation accelerated a notch to 289.4%, according to government data published Tuesday.
BloombergMar 12 2024
News
Inflation data from CPI report shows sharper price gains: What it means for Fed rate cuts.
Rising gasoline costs kept inflation elevated in February, underscoring that a return to more modest consumer price increases following a pandemic-induced spike may continue to be bumpy.
The climb in fuel costs and rent offset flat food prices.
Overall prices rose 3.2% from a year earlier, up from 3.1% in January, according to the Labor Department’s consumer price index. On a
USA TODAY