Content Tagged As inflation
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Inflation pressures ease as gas prices fall
July 14, 2011 10:50 AM
WASHINGTON (AP) - Companies paid less for raw materials and factory goods in June, evidence that inflation pressures are weakening as gas prices fall. The Labor Department says that the Producer Price Index, which measures price changes before they reach the consumer, declined 0.4 percent in June, the steepest drop... more » -
Two-year bonds at record low rate
October 26, 2010 1:47 PM
NEW YORK (AP) - Investors are lending money to the government at a record low rate for two-year debt. The Treasury sold $35 billion in two-year notes on Tuesday at 0.40 percent, the lowest yield ever for an auction of two-year notes. Last month, the Treasury auctioned the notes... more » -
Inflation heating up: January wholesale prices jump 1.4 percent
February 18, 2010 9:24 AM
Wholesale prices shot up at double the expected pace in January, propelled higher by big increases in energy costs. The surprisingly large jump was viewed as a temporary blip and not the start of inflation problems. The Labor Department said Thursday that wholesale prices rose 1.4 percent last month,... more » -
Overhaul proposed to state pension plan
October 20, 2009 7:48 PM
The state employee pension fund for has lost billions of dollars in bad investments during the economic downturn and in order to make it more stable in the future, the board of trustees is now asking workers to pay in more and push back their retirements. Nearly half a... more » -
Inflation rises in September
October 15, 2009 8:37 AM
Inflation pressures remained modest in September even though gasoline prices edged higher. The Labor Department said Thursday that consumer prices rose 0.2 percent last month, matching economists expectations. Prices excluding energy and food were also up 0.2 percent, slightly higher than the 0.1 percent increase analysts had forecast. Over the... more »
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