Sherrill joins Dem chorus blaming Trump and Ciattarelli for skyrocketing energy costs under Phil Murphy
NEWARK, N.J. — Democratic gubernatorial candidate Mikie Sherrill joined a growing list of New Jersey Democrats Thursday in blaming President Donald Trump and GOP candidate Jack Ciattarelli for the state’s rising utility…
New Jersey Bill Proposes Tax Deduction for In Vitro Fertilization Costs
TRENTON, NJ—A new bill in New Jersey aims to offer financial relief to residents undergoing in vitro fertilization (IVF) by allowing them to claim a significant tax deduction. The proposed legislation would…
EXCLUSIVE: Pentagon Says It Can’t Calculate Diversity Training Costs Because Congress Defunded DEI Offices
The Pentagon told Congress it could not provide a required accounting of diversity training to Congress because it didn’t have enough people working in Diversity, Equity and Inclusion (DEI) positions, the Daily…
Rising Costs Sink New York Ocean Wind Projects, Is New Jersey Next?
TRENTON, NJ – This week, rising costs sunk three offshore wind farm projects in New York State. After a tumultuous year on the other side of the river, New Jersey lost two…
Biden Admin Jacks Up Costs For Oil And Gas On Public Lands
The Biden administration unveiled a final rule Friday that increases the costs of drilling for oil and gas on federally-controlled lands. The Bureau of Land Management (BLM) announced its final Fluid Mineral…
Biden’s Emissions Rule For Trucks Could Crush Small Companies And Jack Up Costs, Truckers And Supply Chain Experts Say
The Biden administration’s latest climate rule for heavy-duty vehicles could seriously harm smaller and independent trucking companies, disrupt supply chains and drive prices up, experts on the trucking industry and supply chain…
Home Costs Rising Twice As Fast As Americans’ Incomes
The cost to afford a median-priced home has increased at twice the rate that the average household income has risen as inflation and high interest rates inflame housing expenses, according to Redfin.…
US hospitals see post pandemic catch-up behind insurer healthcare costs
By Sriparna Roy and Bhanvi Satija (Reuters) – Americans are catching up on healthcare missed during the COVID-19 pandemic, a trend driven by heart procedures and outpatient orthopedic surgeries that likely won’t…
Do you know how much your healthcare costs are? You’re Not Alone
A recent Bentley-Gallup Business in Society Report reveals that only seventeen percent of U.S. adults know the cost of their healthcare products or services before receiving them, indicating a widespread lack of…
Russian oligarch’s seized yacht costs $7 million a year to maintain, US says
By Luc Cohen NEW YORK (Reuters) – The U.S. government said it is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian oligarch, and…
Farmers in Europe step up protests against rising costs, green rules
By Marco Trujillo and Philip Blenkinsop PARIS/BRUSSELS (Reuters) – French and Belgian farmers set up dozens of blockades on highways and on access roads to a major container port on Wednesday to…
IKEA cuts prices to boost sales as raw material costs ease
LONDON (Reuters) – IKEA is investing in price cuts on some products across a range of countries, including Belgium, Canada and India, as the furniture retailer aims to unwind increases it introduced…
Pilbara Minerals’ Q2 revenue halves, focuses on cutting costs
Australia’s Pilbara Minerals reported a 46% sequential drop in its second-quarter revenue on Wednesday as average realised price for spodumene halved, and lowered annual capital expenditure guidance. Australian lithium producers may be…
Societe Generale plans job cuts in France to trim costs- Bloomberg News
(Reuters) – Societe Generale is preparing to cut hundreds of jobs in its home market as part of Chief Executive Officer Slawomir Krupa’s effort to rein in costs, Bloomberg News reported on…
Comerica forecasts weak interest income as deposit costs rise, loan growth slows
(Reuters) – Comerica on Friday forecast an 11% drop in its net interest income (NII) in 2024, as it pays more interest on deposits to keep customers from moving to other options,…
Red Sea attacks raise costs for coffee roasters
By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Attacks by Houthi militants in Yemen on ships in the Red Sea have led to soaring costs for European coffee roasters, though…
Yellen says Trump’s tariff plan would hike costs for US consumers
By David Lawder BOSTON (Reuters) – Treasury Secretary Janet Yellen on Wednesday said Republican former President Donald Trump’s plan to raise tariffs 10% across the board would raise costs for U.S. consumers,…
India Dec inflation likely picked up to 5.87% on rising food costs – Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely edged up in December on higher food prices but stayed within the Reserve Bank of India’s target range for a fourth consecutive…
After Sending Billions To Ukraine, Biden Admin Is Worried About Costs Of Its Next Military Venture
After Sending Billions To Ukraine, Biden Admin Is Worried About Costs Of Its Next Military Venture Jake Smith on December 19, 2023 After sending billions in military aid to Ukraine, the Biden…
Israel shipping costs rising as lines pull out and Red Sea attacks worsen
By Jonathan Saul LONDON (Reuters) – The cost of shipping goods to Israel by sea has risen in recent days as some container lines pull out while others impose new surcharges, adding…
Japan Nov CPI forecast to slow down as energy costs ease: Reuters poll
TOKYO (Reuters) – Japan’s core consumer inflation was expected to ease in November, slowing down to the level seen in mid-2022, partly as energy price gains weakened, a Reuters poll showed on…
Alphabet announces reduced costs for its leading AI model Gemini
By Anna Tong In a bid to attract developers to build on its artificial intelligence platform, Alphabet on Wednesday said it was making a version of its most advanced model available to…
US budget deficit hits record high for November on interest costs
WASHINGTON (Reuters) – The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the Treasury Department…
Red Sea shipping costs rising after Houthis target more commercial vessels
By Jonathan Saul LONDON (Reuters) – The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they deem connected to Israel with fears…
Renault to slash production costs for cars, expand in Turkey
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the use of…
Inflation, Supply Chain Issues, Rising Costs Affecting Jack Daniels’ Parent Company
LOUISVILLE, KY – Brown-Forman Corporation, known for its Jack Daniel’s whiskey, revised its net sales forecast for 2024 downward on Wednesday. The adjustment comes as consumers increasingly opt for less expensive alternatives…
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