Even with widespread price spikes, the September data showed that the prices for many physical goods, including clothing, used cars, furniture, and appliances, dropped last month.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Average long-term U.S. mortgage rates up another quarter point
Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.92% from 6.66% last week.
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Posted inNation & World, News
Parkland school shooter gets life sentence without parole
Nikolas Cruz pleaded guilty a year ago to murdering 14 students and three staff members at Marjory Stoneman Douglas High in 2018.
Posted inElection 2020, Nation & World, News, Politics
Jan. 6 panel subpoenas Trump, shows startling new video
Former President Donald Trump is almost certain to fight the subpoena and decline to testify.
Posted inNation & World, Uncategorized
Social Security benefits to jump by 8.7% next year
Millions of Social Security recipients to get a 8.7% boost in benefits in 2023, a historic increase fueled by inflation.
Posted inBusiness, Nation & World
Social Security payments set for big increase. What to know.
Some estimates say the boost may be as big as 9%, the heftiest in 40 years.
Posted inBusiness, Nation & World, Politics
More Americans – 46% – call personal financial situation poor
It’s a notable downturn at a particularly inopportune moment for President Biden.
Posted inBusiness, Nation & World
Hurricane Ian batters southwestern Florida economy
Many snowbirds likely won’t return this year because of damage to their homes or because shops and restaurants won’t have yet fully recovered.
Posted inBusiness, Nation & World
Spiking veterinary prices reveal high inflation’s spread
The industry is also transformed by corporate purchases of animal clinics and hospitals.
Posted inArts & Entertainment, Business, Nation & World
‘CNN This Morning’ will debut on Nov. 1
The program, with Kaitlan Collins, Poppy Harlow and Don Lemon as hosts, replaces the current ‘New Day’ and will air weekdays from 6 to 9 a.m.