U.S. inflation soars in April to
13-year high, CPI shows, and
reveals fresh stress on the economy
Posted By: NorthernDog, 5/12/2021 9:32:42 AM
The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services. The consumer price index soared 0.8% to match the biggest monthly increase since 2009, the government said Wednesday. Economists polled by Dow Jones and The Wall Street Journal had forecast a milder 0.2% advance. The rate of inflation over the past year jumped to 4.2% from 2.6% in the prior month — the highest level since
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CHEYENNE, Wyo. — On a prairie hill on the rolling highway into Wyoming’s capital city looms a billboard with the beaming face of the state’s lone congressional representative, Liz Cheney. In huge letters it declares: “Thank you Rep. Cheney for defending the Constitution.” (Snip) But many others are quick to point out that the billboard was put up by an out-of-state dark money group, a sign of outsiders meddling. And among locals in this state that voted in a landslide for Trump, few are thankful for much of anything Cheney has done lately, and have vowed to vote her out
VIRGINIA — The DMV has been hit particularly hard by the ongoing gas shortage concerns, following a cyberattack over the weekend on the Colonial Pipeline. New data released by GasBuddy Thursday morning showed that more than 50% of Virginia's gas stations were out of gas, while the District neared 50% as well. Patrick De Haan, a senior petroleum analyst at GasBuddy, is tracking outages up and down the East Coast. Virginia has 55% of stations reporting gas shortages, while 47% of D.C. stations and 34% of Maryland stations are out of gas. Those numbers climbed from 44%, 10% and 11%, respectively
Illinois Lawmaker Wants to Stop
Hair Discrimination in Schools:
'These Policies Are Outdated' 23 replies
Hair Discrimination in Schools:
'These Policies Are Outdated' 23 replies
An Illinois lawmaker this week introduced a proposal that he said is aimed at stopping discrimination in schools based on a student's hair — citing his own experience growing up. State Sen. Mike Simmons, a Democrat from the northside of Chicago, introduced his legislation on Monday. If passed, it would bar schools from having rules against "hairstyles historically associated with race, ethnicity, or hair texture," specifically referring to "hairstyles such as braids, locks, and twists." "No student should be forced to compromise their identity, nor should we continue to allow young people to be traumatized like this in 2021," said Simmons
Colonial Pipeline said Wednesday that it has resumed gas pipeline operations after it was forced to halt after being hit with a cyberattack last week. The shut-off of the pipeline, the primary fuel conduit serving the East Coast, spurred many people on the east coast and in the southeast into panic-buying — with some hoarding gas — and drained supplies at thousands of gas stations.Average gas prices are above $3 and some stations in the Southeast are running out or low on fuel. Across the state of North Carolina, for example, 71% of stations were out of gas as of Wednesday evening
Enbridge's Line 5 pipeline still operating despite
Michigan governor's shutdown deadline today 13 replies
Michigan governor's shutdown deadline today 13 replies
Despite Michigan's deadline today for Enbridge to shut down Line 5, the Calgary-based company's pipeline continues to operate amid a dispute involving governments on both sides of the border. An Enbridge spokesperson confirmed operations Wednesday have not been impacted. Line 5 goes through the Straits of Mackinac, which separate Lakes Michigan and Huron. The nearly seven-decade-old pipeline carries petroleum from Western Canada through Wisconsin and Michigan, and ends at refineries in Sarnia, Ont.
(Snip) Michigan Gov. Gretchen Whitmer has called the pipeline a "ticking time bomb" and wants it shut down citing environmental concerns. In November, she revoked the 1953
Dow tumbles 680 points in worst
decline since January as hot
inflation reading spooks investors 16 replies
decline since January as hot
inflation reading spooks investors 16 replies
U.S. stocks declined sharply on Wednesday as hotter-than-expected inflation data triggered massive selling, especially in technology shares. The Dow Jones Industrial Average fell 681.50 points, or 2%, to 33,587.66, posting its worst day since January. The blue-chip benchmark tumbled as much as 713 points at its session low. The S&P 500 lost 2.1% to 4,063.04 for its biggest drop since February, while the tech-heavy Nasdaq Composite slid 2.7% to 13,031.68, bringing its weekly decline to more than 5%. Inflation accelerated at its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared
KNIGHTDALE, N.C. — Frustrations were high on Tuesday as people rushed to gas stations to top off their tanks amid fears of a fuel shortage caused by the shutdown of a major pipeline. One man caught an intense altercation on camera at a Marathon gas station in Knightdale. (Snip) He said that, after crashing into the man's car, the woman got out and spit on the man while yelling. The man then got out of the car and spit on the woman. Rashaad said that's when the fight began. The video he took captured the two push and pull at each
U.S. inflation soars in April to
13-year high, CPI shows, and
reveals fresh stress on the economy 8 replies
13-year high, CPI shows, and
reveals fresh stress on the economy 8 replies
The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services. The consumer price index soared 0.8% to match the biggest monthly increase since 2009, the government said Wednesday. Economists polled by Dow Jones and The Wall Street Journal had forecast a milder 0.2% advance. The rate of inflation over the past year jumped to 4.2% from 2.6% in the prior month — the highest level since
Only 11 percent of Americans who have not been vaccinated for COVID-19 say they will definitely do so, according to a poll from The Associated Press-NORC Center for Public Affairs Research released Tuesday. Thirty-five percent of Americans surveyed said they have not received a COVID-19 vaccine compared to 64 percent who said they have. (Snip) The poll comes as demand for the COVID-19 vaccine declines as those who were most eager to get vaccinated have already done so. President Biden is expected to speak with a bipartisan group of governors virtually on Tuesday to discuss strategies to get more shots
WASHINGTON — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses seeking to find new workers as the economy expands. Yet total job gains increased only modestly, according to a Labor Department report issued Tuesday. The figures come after the April jobs report, released Friday, that fell far short of economists' expectations, largely because companies appear unable to find the workers they need, even with the unemployment rate elevated at 6.1%. (Snip) The enormous number of openings will likely add fuel to a political dispute about whether the extra $300 in weekly federal
President Biden on Monday said there’s “no evidence” that the Russian government is behind the Colonial Pipeline ransomware hack, but that it has a responsibility to respond because the suspected perpetrators are Russian. Biden noted in his first remarks on the devastating oil pipeline hack that he plans to meet next month with Russian President Vladimir Putin in his first overseas trip. “I’m gonna have a conver — I’m going to be meeting with President Putin and so far there is no evidence based on, from our intelligence people, that Russia is involved. Although there is evidence that the actors’
Democrat Jana Lynne Sanchez, confident the Congressional District 6 seat could be flipped, thought she would be in a runoff with Republican Susan Wright for the U.S. House seat that was held by Wright’s husband. Instead, Democrats were shut out of a runoff in the special election. (Snip) Political analysts and observers say low Democrat turnout, a field of 23 candidates and a district that favors Republicans played a role in keeping a Democrat out of the race. While former President Trump credits his endorsement of Wright, Sanchez thinks the outcome on May 1 could have been different if the
Most Active Articles (last 48 hours)
More than 150 Republicans have signed on to a letter calling for people to 'reimagine a party dedicated to our founding ideals or else hasten the creation of such an alternative.' The letter, organized by former 'Anonymous' op-ed author Miles Taylor and former CIA officer Evan McMullin, mentions the ouster Wednesday of former GOP conference chair Rep. Liz Cheney. It raises the possibility of a complete break with the GOP and the creation of a third party in the face of what the signers term 'despotism.'
The removal of Liz Cheney from her House leadership position isn’t going over well with the Never Trump faction of the GOP. They have obviously failed miserably in their effort to reassert establishment control over the party. With the vote on the embattled Wyoming congresswoman’s fate expected to take place on Wednesday, over 100 “Republicans” have prepared a letter threatening to start their own political party if the GOP does “not make certain changes.”The existence of the group was reported by the New York Times, which also published the infamous op-ed that was written by a Department Of Homeland Security official
New Rockefeller Center sculpture to honor
African culture draws outrage: ‘This needs
to be removed’ 45 replies
African culture draws outrage: ‘This needs
to be removed’ 45 replies
From May 5th to June 29th, New York’s Rockefeller Center will be showcasing a new piece of artwork — a sculpture, to be exact — that reportedly combines a European-styled body with a face that resembles a traditional African mask.Known as the Oracle sculpture, it was made by artist Sanford Biggers and commissioned by the Art Production Fund. Speaking with Artnet, Biggers said that one of his goals was to add some African culture to the mix.“Biggers sees his work as as a companion of sorts to three of Rockefeller Center’s most prominent artworks: the Zeus relief sculpture at the entrance of 30 Rock,
It was said during our Mideast military adventures, and has been considered a truism of war, that you can’t really win a conflict without “boots on the ground.” For it’s difficult to completely subdue a people from afar. It may not be too different with battles for civilization. (snip) If you heard about a Third World country in which the leadership was purging the military of political opponents, would you assume it was just an exercise in ideological nepotism? (snip) So you need a purge. You do this by conjuring up a boogeyman — in our case “white supremacy”
House Republicans planted themselves firmly in the camp of Donald Trump on Wednesday when they removed Rep. Liz Cheney from their leadership team after her criticism of the former president.
In a closed-door meeting in the basement of the Capitol, Republicans voted to oust Cheney after she repeatedly called out Trump's false claims he won the election and criticized his role in the January 6 insurrection.
After a voice vote, Cheney said: ‘I will do everything I can to ensure that the former president never again, is anywhere near the Oval Office.’ Cheney had addressed Republicans in the room before the vote.
Here is the 25-Foot Statue They Just Unveiled
in NYC Rockefeller Center to Honor
African Culture… 42 replies
in NYC Rockefeller Center to Honor
African Culture… 42 replies
The new 25 foot-tall statue unveiled in New York City’s Rockefeller Center to honor “African culture” was unveiled this week. (Tweets/Video) Eurweb reported on the project. This spring, multiple disciplinary artist Sanford Biggers will transform Rockefeller Center with several public art exhibitions, including the highly anticipated monumental Oracle sculpture. Presented by ART PRODUCTION FUND and ROCKEFELLER CENTER, in partnership with MARIANNE BOESKY GALLERY, and several years in the making, Biggers will be the first artist invited by Rockefeller Center for a multimedia survey exhibition campus-wide from May 5 to June 29, 2021.
A group of more than 120 retired military officers have written President Joe Biden to tell him his election was less than legitimate – while questioning his mental acuity.
The letter echoes former President Donald Trump's claims of widespread election fraud – which have not been borne out in the courts – and comes on a day when Rep. Liz Cheney ripped Trump for his claim that the election was 'stolen.' 'Without fair and honest elections that accurately reflect the 'will of the people' our Constitutional Republic is lost,' the letter from retired officers says.
Colonial Pipeline Co. paid the group that hacked its pipeline a nearly $5 million ransom in untraceable cryptocurrency within hours of the cyberattack, two people familiar with the payment told Bloomberg on Thursday.
The report contradicts Colonial’s public assertion that it did not pay the hacking group Darkside ransom following the cyberattack. A third person familiar with the ransom said the U.S. government is aware Colonial paid Darkside.
Colonial declined Bloomberg‘s request for comment.
The attack forced Colonial to temporarily shut down much of its services, causing gas shortages and rising prices across the east coast.
You have to love liberal media. President Donald Trump is no longer in office, but he’s still living rent free in their heads. They’re still completely obsessed with him and basically can’t live without him. They always need him as a focal point.
The New York Times ran this “gotcha” story today, as though it were something truly significant, “Over 100 Republicans, including former officials, threaten to split from G.O.P.”
What is the issue, the New York Times says? The fact that the GOP still is supportive of Trump.
“This is a first step,” said Miles Taylor,
On the day after House Republicans voted overwhelmingly to remove her from a leadership position, Liz Cheney made it clear that she isn’t going anywhere and could mount a 2024 White House run.The embittered Wyoming congresswoman (who is the toast of the town in the D.C. swamp) embarked on a string of media appearances to spew venom against former President Donald J. Trump and his supporters.Cheney appeared on NBC flagship the TODAY show where she dug in as the last line of defense by the Bush-McCain-Romney establishment. The same warmongers that have failed to regain control of the GOP from Trump,
Actress Jennifer Garner greeted Jill Biden when the first lady landed in West Virginia on Thursday to visit a vaccination clinic for students. Biden, in accordance with new CDC guidelines, exited the plane without a face mask. She wore a white dress with a soft pink blazer over it. And she wore a pink face mask when she departed Washington D.C. earlier in the day. Jennifer Garner, wearing a black dress, had a face mask on but took hers off when she saw the situation.
'We feel naked,' the first lady said about not wearing a mask. Then she paused. 'I didn't mean it that way!'
FOX News anchor Bret Baier, never a huge Trump fan, joined Varney and Co. on Wednesday morning following the House GOP vote to remove Liz Cheney from leadership.Cheney was ousted from leadership in a voice vote. She then ran to the media to attack and smear President Trump and carry the Democrat message to America.What a sick, sick woman.Bret Baier said 100 GOP lawmakers may form a new political party. He said this with a straight face! Hah!
Comments:
Hope you enjoyed your pandemic stimulus check from Old Joe. You'll need it to afford baked beans, Ramen noodles, and hot dogs made from downed livestock.