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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…

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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…

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by Chris Spiker
Police & Fire
Man Runs Drug Operation, Unlicensed Repair Shop Out Of CT Home, Police Say Man Runs Drug Operation, Unlicensed Repair Shop Out Of CT Home, Police Say
Man Runs Drug Operation, Unlicensed Repair Shop Out Of CT Home, Police Say A search of a Connecticut man’s home reportedly unveiled not only an unlicensed repair shop but uncovered an operation to manufacture crack cocaine, ketamine, and more. The Tolland County incident occurred on Tuesday, June 4 in the town of Somers. According to police, a search warrant was executed for 53-year-old Randy Matthew Guyette’s Hall Hill Road home. Originally, authorities suspected that Guyette was running an unlicensed auto repair business. However, upon arrival, Guyette was allegedly found to also be in charge of a drug operation. Ketamine, crack cocaine, and prescription…

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by Sophie Grieser