Consumer Prices Rose 6 Percent Annually in February As Inflation Eased
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Consumers deal with high car prices
The prices for both new and used cars has many prospective buyers experiencing sticker shock. The interest rates on loans for the cars are also giving many pause. Jeff Nguyen has more.CBS News - Top stories -
Argentina economic activity seen plunging 6% in February- Reuters poll
Yahoo News - World -
Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.CNBC - Business -
Judge locks up 'Three Percenter' militia members in Jan. 6 obstruction case
Four California men who were associated with the "Three Percenter" militia were sentenced to prison in connection with the Jan. 6 Capitol attack.NBC News - Politics -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Oil prices finish higher as traders weigh potential for disruptions to Middle East supplies
Oil prices settle higher Tuesday as traders continued to weigh the potential for tensions in the oil-rich Middle East to lead to disruptions in the world’s crude supplies.MarketWatch - Business -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Tech -
Big Stocks Won When Markets Rose. They Are Winning Again in the Selloff.
High rates and war fears hit smaller stocks harder—driving an unusual split in two of the major U.S. indexes.The Wall Street Journal - World -
Gypsy Rose Blanchard Files for Divorce From Ryan Anderson
The couple married while Ms. Blanchard, who was found guilty of helping to kill her mother, was still in prison.The New York Times - Lifestyle -
Saturday Sessions: Daniel Donato's Cosmic Country performs "Rose in a Garden"
Singer-songwriter Daniel Donato began his music journey after being inspired by popular video game "Guitar Hero." After busking in the streets of Nashville, Donato landed a gig with a house band, and eventually began his own band. From his album ...CBS News - Entertainment -
Heat-Related ER Visits Rose in 2023, CDC Study Finds
As record heat enveloped the nation, the rate of emergency room visits increased compared with the previous five years, a sign of the major health risks of high temperatures.The New York Times - Health -
Diversity Goals Are Disappearing From Companies' Annual Reports
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.The Wall Street Journal - World -
Diversity Goals Are Disappearing From Companies' Annual Reports
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.The Wall Street Journal - Business -
Water 'feels unsafe' amid tonnes of sewage spills
More than 20 million tonnes of untreated sewage and wastewater is spilled into NI waterways annually.BBC News - Top stories -
Gold Futures Slump as Middle East Tensions Ease
Precious metal prices tumbled as tensions between Israel and Iran eased and safe-haven demand for gold melted away.The Wall Street Journal - World -
70 Percent of Workers Likely Exposed to Climate Change Risks
Excessive heat, UV radiation, pollution, and other hazards are likely already impacting billions of workers around the world. But companies can take important precautions.Inc. - Business - Climate -
Pennsylvania governor eyes solar power for 50 percent of state agencies
Pennsylvania Gov. Josh Shapiro (D) on Monday announced the state’s efforts to make half of all state agencies run on solar power. The Pennsylvania Project to Utilize Light and Solar Energy (PA PULSE) plans to get the state to have 50 percent of ...The Hill - Politics -
Tesla reports 9 percent dip in first quarter revenue
Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electric vehicle (EV) company said Tuesday. The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition. Tesla ...The Hill - Politics - Tesla -
Levi Strauss’ Direct-to-Consumer Shift Trades Wholesaler Habits for Increased Efficiency
Long reliant on department stores for sales, the maker of 501 jeans has adopted to online and company store sales strategies to gain valuable customer insights.Inc. - Business -
Singapore's Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings steady.The Wall Street Journal - World -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
Could interest rate hikes be keeping inflation high?
The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates are at bringing down price increases – and if they could be fueling the problem. Standard economic thinking says that higher interest rates ...The Hill - Politics -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - World - United Kingdom -
Australian Inflation Stays Strong in March Quarter
Australian consumer prices rose 3.6% annually in the latest quarter, illustrating the challenge facing the country’s central bank to bring inflation back within its target band and adding to uncertainty around the timing of interest-rate cuts.The Wall Street Journal - World - Australia -
UK Rejects EU Proposal to Ease Travel for Young Adults
Yahoo News - World - United Kingdom -
Gold posts biggest one-day drop in over a year as geopolitical concerns ease
Gold prices dropped by nearly 3% Monday, pressured as geopolitical pressures appeared to ease in the Middle East.MarketWatch - Business -
Legwold's top 100 draft prospects: Annual list of top names to know
Longtime draft expert Jeff Legwold picks the top prospects. In 2023, 78 of his picks were selected in the top 100.ESPN - Sports -
U.K. Flagship FTSE 100 Index Hits Fresh Record High
The U.K.’s FTSE 100 opened at an all-time high as weakness in the pound and easing geopolitics boosted the performance of the blue-chip index.The Wall Street Journal - World - United Kingdom -
AB Foods Eyes Further Profit Growth as Primark Margins Rise
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.The Wall Street Journal - Business -
Fortescue Forecasts Annual Iron-Ore Shipments at Lower End of Guidance
Fortescue expects annual iron-ore shipments at the lower end of its prior forecast range after an ore car derailment and bad weather affected its operations in the third quarter.The Wall Street Journal - World -
Just 10 percent in new poll have heard a lot about Biden climate action
Despite President Biden making climate change a central issue of his administration, only a small share of Americans in a new poll said they have heard a lot about his plans. The CBS News/YouGov poll, released Monday, found that 45 percent of ...The Hill - Politics - Joe Biden -
More than 90 percent of transgender teens live in states that have proposed or passed anti-trans laws: report
Over 90 percent of transgender teens live in states that have proposed or passed anti-transgender laws, according to a new report. The report from the Williams Institute at the University of California, Los Angeles, found that 93 percent of ...The Hill - Politics -
Haiti's former capital seeks to revive its hey-day as gang violence consumes Port-au-Prince
They call it Okap, home to Haiti’s kings, emancipated slaves and revolutionariesABC News - World -
GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.
GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.The Wall Street Journal - World -
PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales
PepsiCo's volume and sales growth were better in most international markets than in its North America markets.CNBC - Business -
The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers
Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.The New York Times - Business -
To fight inflation, we should look for ways beyond the Fed’s policies
The obvious problem is that almost total reliance on the Fed to defeat inflation by slowing the economy will not work in sectors where price-fixing and structural issues are its principal causes.The Hill - Politics -
BOJ's Ueda Reiterates Possibility of Rate Hike if Inflation Rises as Expected
Bank of Japan Gov. Kazuo Ueda reiterated Tuesday that the bank would raise interest rates further if inflation grows as the central bank expects.The Wall Street Journal - World -
3 moves seniors should consider with inflation still high
Are you a senior dealing with the high costs of inflation? Then consider making these three smart moves now.CBS News - Top stories