Drop in Wholesale Prices Tied to Low Gas Costs
Wholesale prices in the U.S. dropped 0.2 percent in December because of plummeting gas costs, a sign that inflation levels will stay flat in the near future.
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Consumer Prices Ticked Down During Holidays
Marking the first decrease in nine months, the Labor Department said Friday consumer prices dropped 0.1 percent in December largely because of plummeting gas prices.
Read moreNew California Governor Sets Sights on Health Care Reform
n his first day in office, newly inaugurated California Governor Gavin Newsom unveiled a plan to lower prescription drug costs and make it easier for Golden State families to get insurance coverage.
Read moreEnergy Costs Plummet, No Jump in Consumer Prices
The Labor Department said Wednesday that American consumer prices stayed flat in November while gasoline and other energy costs dropped.
Read morePaper Firm Must Keep Paying for Cleanup of Wisconsin River
A federal judge ruled that a global paper product manufacturer must pay Wisconsin future expenses for the ongoing cleanup of the Fox River, which was by polluted by the paper company and others decades ago.
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