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US Wholesale Prices Rose Record 8.6% Over 12 Months
Economy
US Wholesale Prices Rose Record 8.6% Over 12 Months

WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department reported Thursday that the monthly increase in its... Read More

U.S. Produce Prices Up 8.3% in August From a Year Earlier
Economy
U.S. Produce Prices Up 8.3% in August From a Year Earlier

WASHINGTON (AP) — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010. The Labor Department reported Friday that its producer price index... Read More

Experts Unsure Whether Stimulus Causing Inflation
Economy
Experts Unsure Whether Stimulus Causing Inflation
2021-07-02 18:47:08
by Kate Michael

WASHINGTON — If it seems like prices are going up for things like gas, groceries, vehicles, and houses, they are. The Consumer Price Index has risen by an average of 0.7% per month over the last three months, is now... Read More

Republicans Point to Inflation in Bid to Retake Congress
2022 Elections
Republicans Point to Inflation in Bid to Retake Congress

WASHINGTON (AP) — Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline tickets, department store blouses, ground beef and a Chipotle burrito are on the rise, too. ... Read More

Yellen: Biden's Phased-in Spending Plan Won't Fuel Inflation
Economy
Yellen: Biden's Phased-in Spending Plan Won't Fuel Inflation

WASHINGTON (AP) — President Joe Biden's massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in gradually over 10 years, Treasury Secretary Janet Yellen said Sunday. New economic reports have portrayed... Read More

Applications for Jobless Benefits Drop to a 49-year Low, Inflation Remains Tame
Economy
Applications for Jobless Benefits Drop to a 49-year Low, Inflation Remains Tame
2019-04-11 20:43:28
by Dan McCue

The number of people seeking unemployment benefits in the United States fell last week to its lowest level since December 1969, the Labor Department said Thursday. The last time unemployment benefits claims were this low, Jay-Z was a newborn in... Read More

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