Inflation eased for the second consecutive month, rising at a 3.4% annual pace in July, in line with economists’ expectations and a signal that some price pressures may be easing. By the numbers Economists polled by the financial data firm FactSet predicted July inflation rose at an annual rate of 3.4%. Oil prices surged in…
The typical American’s paycheck has grown faster since 2019 than in any stretch since the early 1980s. Most of it didn’t stick. A CBS News analysis of Census data found the typical full-time worker earned $1,250 a week in the first half of 2026. That’s up $342 from the year before the pandemic, a raise…
In a back room behind a colorful facade in northern Manhattan, drug users are smoking crack while nearby cubicles stand ready for heroin users to wrap tourniquets around their arms and inject themselves with new, sterilized needles. It’s all part of a 5-year-old experiment sanctioned by the city of New York, but not by the…
The government on Wednesday announced a reduction of Rs per litre in the price of petrol and Rs per litre in the price of high-speed diesel (HSD). Following the revision, petrol will retail at Rs333.01 per litre, while HSD will cost Rs383.86 per litre. The government continues to levy Rs110 per litre in taxes and…
Ege-Cap Ferret, France — French authorities gave the go-ahead Thursday for 84,000 evacuees forced out by a monster wildfire to go back to their homes in southwest France, the strongest sign yet that firefighters are turning a corner in their battle against the flames that have burned an area four times the size of Paris. The…
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023. By the numbers Economists polled by financial…
The government on Saturday kept the prices of petrol and high-speed diesel unchanged for July 26 and 27 due to the non-publication of “Platts prices on weekends”. A day earlier, the prices of petrol and high-speed diesel (HSD) were increased by Rs3.66 and Rs4.80 per litre, respectively. The current price of petrol stands at Rs335.18…
