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WASHINGTON (AP) — Consumer inflation in cooled last month, yet remained elevated in the latest sign that the pandemic-fueled price surge is slowing gradually and fitfully. This week’s report from the Labor Department showed that the consumer price index rose 0.3 percent from December to January, up from a 0.2 percent increase the previous month. [...]
NEW YORK (AP) — How much choice is too much? Apparently for Coca-Cola, it's about 400 different types of drinks. That's why the beverage company recently decided to discontinue half of them, shedding brands such as Tab, Zico coconut water, Diet Coke Fiesty Cherry and Odwalla juices, but still leaving about 200 others to choose [...]
WASHINGTON (AP) —The Fed is widely expected to cut its interest rates this year — probably several times. Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2 percent — the Fed's target level. Last week, however, several central bank officials underscored that they [...]
Like a lot of mothers, North Dakota state Rep. Emily O’Brien struggled to find infant care when her daughter Lennon was born in 2019. So O’Brien, a Republican who represents the Grand Forks region, brought Lennon to meetings with local leaders and constituents. O’Brien had her second daughter, Jolene, in 2022, not long before legislators [...]
DENVER (AP) — Single mom Caitlyn Colbert watched as rent for her two-bedroom apartment doubled, then tripled and then quadrupled over a decade in Denver — from $750 to $3,374 last year. Every month, Colbert juggled her costs. She had to decide whether to pay the rent or pay swim team fees for one of [...]
Money is pouring into the fledgling psychedelic medicine industry, with dozens of startup companies vying to be among the first to sell mind-expanding drugs for depression, addiction and other mental-health conditions. While psychedelics are still illegal under federal law, companies are jostling to try and patent key ingredients found in magic mushrooms, ayahuasca and other [...]
NEW YORK (AP) — Pockets of Americans have run through their savings and run up their credit card balances after battling inflation for more than two years. Some economists say they’re concerned that members of these groups — mostly lower- and middle-income Americans, who tend to be renters —are falling behind on their debts and [...]
EAST PALESTINE (AP) — Daily life largely returned to normal for most of the nearly 5,000 residents of East Palestine months after a Norfolk Southern train derailed and spilled a cocktail of hazardous chemicals that caught fire a year ago, but many residents say concerns and fears are always there. Some people still report respiratory [...]
LOS ANGELES (AP) — Underneath his umbrella, NFL legend Dan Marino stood nearly drenched on the sideline watching Prince's epic "Purple Rain" Super Bowl halftime performance in 2007 during a torrential Miami downpour. For Marino, Prince's iconic show was one the greatest moments in the history of halftime shows — which was once viewed as [...]
WASHINGTON (AP) — Pay and benefits for America’s workers grew in the final three months of last year at the slowest pace in two and a half years, a trend that could affect the Federal Reserve’s decision about when to begin cutting interest rates. Compensation as measured by the government’s Employment Cost Index rose 0.9 [...]