A recent increase in oil prices has contributed to higher costs. The government reported a rise in wholesale prices, which capture inflation before it affects consumers.
On a monthly basis, prices went up by a notable amount, following a smaller increase the previous month. Annual inflation peaked earlier this year, driven by energy costs.
Further details are available from the source, including specific percentage changes in wholesale prices over the past few months and the current price of oil per barrel.
Iranian-backed Houthi rebels have entered Yemen's strategic Red Sea port city of Mokha, several residents said Thursday, which could bring them closer to controlling a key waterway to the Red Sea that is also a critical shipping route. If confirmed, the development is significant...
Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices. Existing home sales fell 2% last month from July to a seasonally adjusted annual rate of 3.98 million ...
Healthy Moms, Healthy Babies America, a bipartisan campaign founded by philanthropists Olivia and Tom Walton, announced a $100 million pledge Thursday to make giving birth in the United States safer. The five-year commitment aims to cut the maternal mortality rate in the United S...
San Antonio City Council will vote Thursday on Jesse Salame’s appointment as the city’s next police chief. The vote will happen during the council meeting at 9 a.m. It will be livestreamed in this article. Delays are possible; if there’s no livestream available, check back at a l...
A new study shows that little, wrinkly Mercury may be shrinking faster than expected, the cosmos’ version of a grape shriveling into a raisin under the sun. Scientists from the German Aerospace Center’s Institute of Space Research reported Thursday that Mercury’s shrinkage may be...
Cyberbullying has devastated families for years, but experts say artificial intelligence (AI) has made it faster, more graphic and harder for parents to detect. An Alamo Heights mother knows that pain firsthand. Maurine Molak lost her son to cyberbullying more than a decade ago —...
The leader of the Education Department's special education office told employees she is resigning after less than four months in the role and as the agency overall is morphing and shrinking....
The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war . The decision was supported by a stronger-than-expected economy that suggests businesses can weather the higher borrowing costs. The central bank for...
Bangladesh has seen over 50,000 confirmed or suspected cases of measles this year. The death toll among children just surpassed 1,000. How are officials trying to bring the outbreak under control?...
For nearly two minutes, one of the pilots of the Amazon cargo plane that careened off a Miami runway repeatedly warned his counterpart they were going too fast, according to flight information....
President Trump promised to send every adult citizen $5,000, but only if Republicans maintain control of Congress in the midterm election, setting high expectations for the convention's final night....
