Tag:

Electricity

9K Without Power In NJ 9K Without Power In NJ
9K Without Power In NJ Thousands of people throughout New Jersey are without power on Wednesday, Dec. 24, with Ocean County being hardest hit. According to Jersey Central Power and Light, more than 9,146 customers are without power. Nearly 8,000 of those customers are in Ocean County, while 931 customers are without power in Sussex County. Pockets of Warren, Morris, Passaic, Hunterdon, Union and Somerset counties are also without power. Ocean Township and Lacey Township are the hardest hit municipalities with thousands of customers reporting an outage.
Electricity, Gas Bills Surge Nationwide: Here's Why Electricity, Gas Bills Surge Nationwide: Here's Why
Electricity, Gas Bills Surge Nationwide: Here's Why If your latest utility bill made you do a double take, you are far from alone.  Across the country, Americans are seeing their electricity and natural gas costs soar, squeezing household budgets just as summer temperatures peak. Several key factors are fueling these price hikes.  Experts say the combination of increased energy demand, supply chain disruptions, and decades of underinvestment that have left the US grid with aging infrastructure are all contributing to the higher bills.  In addition, the growing need for power from AI-driven data centers, expanded oil and gas …
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …