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Key inflaton gauge worsens as Americans shell out more for gasoline
1+ hour, 51+ min ago (545+ words) Inflation jumped to 3. 8% in April compared with a year ago, the Commerce Department said Thursday, up from 3. 5% in March and the highest since May 2023. On a monthly basis, prices rose 0. 4%, down from the 0. 7% jump in March but still higher than…...
Key inflation gauge worsens as Americans shell out more for gasoline
3+ hour, 36+ min ago (177+ words) The report showed that prices have risen for many items in addition to gas, indicating that inflation could persist. Key inflation gauge worsens as Americans shell out more for gasoline WASHINGTON " A key inflation gauge accelerated in April to the…...
MN grocer grapples with soaring prices amid tariffs and global instability
5+ day, 20+ hour ago (451+ words) BLOOMINGTON, Minn. " At Colonial Market in Bloomington, owner Danny Hernandez says the pressures facing grocery stores have intensified in recent months, and shoppers are noticing it at the checkout line. "Less than three weeks ago, we paid $15. 20 for a box…...
Retail sales rose 0. 5% in April from March as the rising price of gas leaves less money for nonessential items
2+ week, 3+ hour ago (79+ words) kare11. com Retail sales rose 0. 5% in April from March as the rising price of gas leaves less money for nonessential items To stream KARE 11 on your phone, you need the KARE 11 app. Download the KARE 11 app Next up in 5 Example video…...
Wholesale prices jump 6% as energy prices soar, raising pressure on US companies to pass along costs to consumers
2+ week, 1+ day ago (77+ words) kare11. com Wholesale prices jump 6% as energy prices soar, raising pressure on US companies to pass along costs to consumers To stream KARE 11 on your phone, you need the KARE 11 app. Download the KARE 11 app Next up in 5 Example video title…...
Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade
2+ week, 1+ day ago (1174+ words) Iranians have been hit by spiraling prices for food, medicine and other goods. At the same time, the country has seen mass job losses and business closures caused by strike damage to key industries and the government's monthslong shutdown of…...
Higher gas prices are leading to higher inflation overall, latest Consumer Price Index says
2+ week, 1+ day ago (439+ words) MINNESOTA, USA " When you work in the courier business like Benjamin Biancini at St. Paul Courier, you spend a lot of money on gas." "I'm doing 20 to 25 loads today. We're running all over the metro," Biancini said. "Our drivers are…...
Average US long-term mortgage rate ticks up to 6%, ending a three-week slide
2+ mon, 3+ week ago (597+ words) The average long-term U. S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran. The benchmark 30-year fixed rate…...
Fed likely to leave rates unchanged at what may be Powell's last meeting, as Warsh to advance
4+ week, 1+ day ago (486+ words) WASHINGTON " Wednesday will likely be a momentous day for the future of the Federal Reserve as Chair Jerome Powell could signal'he will stay with the Fed even as a Senate panel is expected to confirm his replacement. Powell will preside…...
Iran's currency hits record low as shaky ceasefire with US and Israel still holds
4+ week, 1+ day ago (426+ words) TEHRAN PROVINCE, Iran " Iran's national rial currency hit a record low Wednesday of 1. 8 million to $1 as a shaky ceasefire with the U. S. and Israel still holds. The rial had remained stable in the early weeks of the war, which began Feb....