WASHINGTON (AP) — Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like. The Labor Department said Thursday that its producer price index — […]
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US wholesale inflation accelerated in January in latest sign that prices picked up last month
WASHINGTON (AP) — Wholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated. The Labor Department reported Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.3% from December to January after having fallen -0.1% from November […]
Clay Electric announces power cost increase due to forecasted wholesale generation costs
Clay Electric has informed its members of an impending rate increase due to projected higher costs in generating wholesale electricity. The adjustment, known as the Power Cost Adjustment (PCA), is anticipated to impact members’ January billing cycle. >> STREAM ACTION NEWS JAX LIVE
UPDATE 1-Nike misses quarterly sales estimates on weak wholesale business, China demand
(Adds background in paragraph 3) Dec 21 (Reuters) – Nike missed market expectations for quarterly sales on Thursday, hurt by weak wholesale business in North America and a feeble recovery in China as customers in both the key markets continue to spend cautiously. The company’s shares fell more than 3% after the bell. Nike’s wholesale […]