Consumer prices in the United States increased at an annual rate of 3.4 percent last month. This rate is the same as the previous month, according to the latest Consumer Price Index from the Bureau of Labor Statistics.
This data may support the case for an interest rate increase by the Federal Reserve to contain inflation. The inflation rate has been rising and central bank officials are monitoring the situation to determine if price pressures are spreading throughout the economy.
Further details on the inflation rate and the potential impact on interest rates are available from the source, which reports that Federal Reserve officials will meet next week to decide their next step.
SHANKSVILLE, Pa. (WTAJ) -- The Flight 93 National Memorial will mark the 25th anniversary of the Sept. 11 attacks with remembrance ceremonies honoring the 40 passengers and crew of United Flight 93. Thousands are expected to gather in Shanksville on Sept. 11 to remember those who...
By Anna Cooban, CNN London (CNN) — A narrow waterway located at the mouth of the Red Sea between Yemen and Djibouti has provided an escape hatch for a sizeable chunk of the Middle East’s oil. That lifeline is now looking increasingly shaky. For weeks, Yemen’s Iran-backed Houthi r...
This is your weekly news roundup, which takes a quick look at some developments in government, politics, education, environment and other topics across El Paso. Ysleta ISD Offers $7,500 to Employees Who Retire, Resign in December The Ysleta Independent School District is offering...
Inflation remained unchanged in August as gas prices continued to rise amid the war with Iran, new data from the Bureau of Labor Statistics (BLS) showed Friday. The consumer price index (CPI) increased 0.4 percent last month and 3.4 percent over the same time last year. This was ...
