Jun. 16—MORGANTOWN — The fiscal year 2025 budgets recently passed by the Morgantown Utility Board include 3 % rate increases for the utility’s water, sewer and stormwater customers. This is the second of three “inflationary adjustments ” approved by Morgantown City Council in 2021 along with larger increases implemented that year. At the time it […]
Tag: inflationary
UK Unemployment Rises in Sign Inflationary Pressures Cool
(Bloomberg) — UK unemployment unexpectedly rose to the highest in more than 2 1/2 years, and pay pressures eased, keeping the Bank of England on track to cut interest rates later this year. Most Read from Bloomberg The jobless rate climbed to 4.4% in the three months through April, a level not seen since the […]
JPMorgan profits rose 6% in 1Q but Dimon warns of ‘persistent inflationary pressures’
Profits for JPMorgan Chase (JPM) rose 6% in the first quarter to $13.4 billion, beating Wall Street expectations, even as its boss offered some warnings about the road ahead for the US economy. “Many economic indicators continue to be favorable,” JPMorgan CEO Jamie Dimon said. “However, looking ahead, we remain alert to a number of […]