Hurricane Milton tore through Florida, spawning multiple dangerous tornadoes, heavy rainfall, storm surges and flash floods that left more than 3 million homes and businesses without power, before moving into the Atlantic Ocean early on Thursday. Milton made landfall along Florida’s Gulf Coast on Wednesday night as a major Category 3 Hurricane with maximum sustained...
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October 11, 2024October 11, 2024Breaking News
CPI Inflation Worse Than Expected Last Month—But Still At 3.5-Year Low In Last Pre-Election Report
Consumer prices rose faster than economists forecasted last month for the first time since March, posing a potential obstacle to the yearslong fight to return to 2% inflation. Headline consumer price index inflation was 2.4% in September, according to Bureau of Labor Statistics data released Thursday morning. The 2.4% year-over-year increase in the index compares...