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Tag Archives: energy prices

Wholesale prices rise 0.1 percent in June

WASHINGTON — U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the ...

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Life of Social Security trust funds loses 3 years

WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...

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Factory orders dropped 0.8 percent in June

WASHINGTON — U.S. businesses cut back on orders for airplanes, autos and heavy machinery in June, lowering demand for factory goods for the second time in three months. The Commerce Department says orders to U.S. factories fell 0.8 percent in ...

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April consumer spending shows weak gain

WASHINGTON — Consumers spent more in April but much of the increase was eaten up by higher food and energy prices. After discounting for the jump in prices, spending barely budged and after-tax incomes were flat for a second straight ...

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Higher energy prices push wholesale prices higher

WASHINGTON — More expensive gas pushed U.S. wholesale prices higher last month, although pricier cars and furniture also contributed to increase. The Producer Price Index, which measures price changes before they reach the consumer, rose 0.7 percent in March, the ...

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