Fair 72°
Tag:

Energy Costs

Politics
Nation’s Only Black Gov Says White House Excluded Him From Annual Dinner: 'Blatant Disrespect' Nation’s Only Black Gov Says White House Excluded Him From Annual Dinner: 'Blatant Disrespect'
Nation’s Only Black Gov Says White House Excluded Him From Annual Dinner: 'Blatant Disrespect' Maryland Gov. Wes Moore says a White House snub sent a clear message — and the nation’s governors weren’t willing to accept it. Moore — the only Black governor in the US — said he was quietly uninvited from a long-standing White House dinner for governors this year, calling the move “blatant disrespect” and a snub of bipartisan tradition. The dinner is part of the National Governors Association’s annual winter meeting, a decades-old tradition where governors from all 50 states gather at the White House to build relationships and discuss bipartisan solutions on issues like disaster preparedn…

SHARE

by Zak Failla
Weather
AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected
AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected Bundle up and budget up. AccuWeather’s new winter outlook, released Thursday morning, Oct. 2, points to a stormy season in the Northeast and pricier heating for millions. "It looks to be an intense and stormy winter for certain areas of the country, particularly across the Midwest, Great Lakes, Ohio Valley, Northeast and parts of the mid-Atlantic," AccuWeather Lead Long-Range Meteorologist Paul Pastelok said. For the Upper East Coast, forecasters see a “bookend” winter with the biggest storms favored near the start and close of the season.  Early systems are likely to sweep from Cana…

SHARE

by Joe Lombardi
Business
Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy
Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Prices for a wide range of products increased in July, even as inflation held steady, with economists expecting President Donald Trump's tariffs to further raise costs for many Americans. The Consumer Price Index rose by 0.2% in July and reached a yearly rate of 2.7%, according to data released by the Bureau of Labor Statistics on Tuesday, Aug. 12. That was barely lower than the 2.8% annual inflation expected in the Dow Jones forecast, CNBC reported. Core inflation, which doesn't include the volatile food and energy categories, jumped by 0.3%, bringing the annual rate to 3.1%. That's the hi…

SHARE

by Chris Spiker
Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

SHARE

by Chris Spiker
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…

SHARE

by Chris Spiker