NEW - Chinese University of Texas research student, Yunhai Li, charged for espionage, theft of trade secrets
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BREAKING - Wisconsin Judge Hannah Dugan, who helped an illegal alien escape from ICE in her courtroom, has lost an attempt to throw out the federal government’s case against her setting the stage for a trial
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ChatGPT ‘coached’ teen as he prepared suicide and even praised the noose knot: ‘Yeah, that’s not bad at all’
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Is PPI inflation set to rise further?
The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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BREAKING: Shiloh Hendrix charged for the viral video of her saying a slur. She now is facing jail
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Also remember: “millionaire” doesn’t mean what it used to in the popular imagination and cultural parlance.
“A million bucks” now was only $500K in 2000.
The vast majority of American “millionaires”now are just retirees who paid off their house….
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“A million bucks” now was only $500K in 2000.
The vast majority of American “millionaires”now are just retirees who paid off their house….
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A Somali pedophile was harassing her and her child at a playground. She called him out for what he is, and now she’s being charged.
What a joke.
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What a joke.
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