News
Tomatoes become latest symbol of America's affordability squeeze
1+ hour, 55+ min ago (634+ words) NEW YORK " Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs. Prices for those red orbs have soared more than any other food product…...
Iran's inflation hits World War II levels, deepening economic pain
13+ hour, 25+ min ago (464+ words) A report Monday by Iran's Central Bank represents the first official acknowledgment of what Iranians shopping, paying for a taxi or visiting a medical clinic already know: The rial currency is battered by the war and uncertainty around it resuming....
Opinion | La Plata County's economy is stagnating as workers and families are pushed out
4+ day, 13+ hour ago (535+ words) Editor's note: This is Part I of a two-part column examining La Plata County's economy. Part II will appear Monday, June 1. The La Plata County economy is failing. A lack of economic growth is contributing to declines in jobs and…...
U. S. grocery prices rose in April, but gas spikes weren't the only reason
2+ week, 5+ day ago (885+ words) Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at home rose 2. 9% in April compared to the same month a year…...
Durango businesses are taking creative approaches to improve affordability
2+ week, 6+ day ago (1196+ words) International conflicts might occur far away, but they hit close to home for some Durango residents who are mindful of their expenses. The cost of living, including housing, food, gas, health care and consumer goods have increased over the past…...
Wall Street flirts with a record after its big rally the last 2 weeks
1+ mon, 2+ week ago (685+ words) The S&P 500 rose 0. 1% in morning trading and at one point was on track to eclipse its all-time high set in January. The Dow Jones Industrial Average was down 174 points, or 0. 4%, as of 10: 05 a. m. Eastern time, and the Nasdaq composite was…...
Stocks recover most early losses as volatility again hits Wall Street. US oil tops $110 a barrel
2+ mon, 9+ hour ago (485+ words) The S&P 500 fell 0. 1% after slumping as much as 1. 5% in early trading Thursday. The Dow Jones Industrial Average shed 142 points, or 0. 3% as of 2: 06 p. m. Eastern. The Nasdaq composite fell 0. 2%. Stocks in Europe and Asia finished lower. Oil prices remained elevated although…...
U. S. economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
3+ mon, 1+ week ago (687+ words) WASHINGTON " U. S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending. The nation's gross domestic product " the total output of goods and services…...
Gas prices spike in Durango amid conflict with Iran
2+ mon, 2+ week ago (494+ words) As of Friday, it was difficult to find a gas station in Durango charging less than $3. 40 per gallon " a noticeable increase from about $2. 80 in recent weeks. A Circle K on Main Avenue, among the most expensive in town, was charging…...
US stocks lose ground as war with Iran keeps pressure on oil prices
2+ mon, 2+ week ago (15+ words) The Durango Herald...