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WASHINGTON (AP) — U.S. producer prices rose in March from a year earlier at the fastest pace
March 2024 averaged 14.14 degrees Celsius (57.9 degrees Fahrenheit), exceeding the previous record from 2016 by a tenth of a degree, according to Copernicus data.
Bond yields rose to fresh highs for the year as the prospects for multiple rate cuts in 2024 faded following data showing inflation picking up steam.
Earth's worrisome warming trajectory continued unabated last month, with March marking the 10th month in a row that the planet has broken global heat records, international climate officials announced this week. With an average surface temperature of 57.45 degrees Fahrenheit, last month was warmer globally than any previous March on record, according to the European Union's Copernicus Climate Change Service. The month was about 0.18 of a degree warmer than the previous hottest March, in 2016,...
U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. The Labor Department said Thursday that its producer price index — which measures inflationary pressure before it reaches consumers — rose 2.1% last month from March 2023 , biggest year-over-year jump since April 2023. The slightly better-than-expected producer price reading came as something of a relief, arriving a day after the Labor Department...
WASHINGTON (AP) — U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis. The Labor Department said Thursday that its producer price index — which measures inflationary pressure […]
Seasoned executives and analysts offer very different answers to who or what has driven gold to its unprecedented heights.
UK homeowners saw the value of their homes rise for the third month in a row, by 0.4% or £1,000 from January to February according to analysis by online estate agent Purplebricks.
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WASHINGTON (AP) — For the 10th consecutive month, Earth in March set a new monthly record for global heat — with both air temperatures and the world’s oceans hitting an all-time high for the month, the European Union climate agency Copernicus said. March 2024 averaged 14.14 degrees Celsius (57.9 degrees Fahrenheit), exceeding the previous record […]
WASHINGTON (AP) — For the 10th consecutive month, Earth in March set a new monthly record for global heat — with both air temperatures and the world’s oceans hitting an all-time high for the month, the European Union climate agency Copernicus said. March 2024 averaged 14.14 degrees Celsius (57.9 degrees Fahrenheit), exceeding the previous record []