PRICES

Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, prices were flat as energy prices broadly declined 4.6% and gasoline fell 7.7%. That offset a 1.1% monthly gain in food prices and a 0.5% increase in shelter costs. Economists surveyed by Dow Jones were expecting headline CPI to increase 8.7% on an annual basis and 0.2% monthly. Excluding volatile food and energy prices, so-called core CPI rose 5.9% annually and 0.3% monthly, compared to respective estimates of 6.1% and 0.5%.

Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American households to keep up with surging prices.

Orange County Commissioner Emily Bonilla said in a press conference Thursday that she wants Orange County to implement temporary rent control measures, but it is getting pushback before it is even presented.

3/5 Though it’s successful in showing the next steps in the Prices’ lives, the followup to ‘Harvey and Me’ is missing the personal commentary that made their story shine before

The retailer says it will abandon the promise in the summer and instead spend £500m to keep prices down.

The results were boosted by a rise in oil prices as demand recovers after the pandemic.

Prices at a gas station in Richmond, VA, soared following the Colonial Pipeline ransomware cyber attack.

Prices at a gas station in Richmond, VA, soared following the Colonial Pipeline ransomware cyber attack.