US Consumer Prices Rose 0.2% in February, Up 2.2% on Year

US Consumer Prices Rose 0.2% in February, Up 2.2% on Year

WASHINGTON—U.S. consumer prices rose moderately in February, although at a slightly slower pace than in the prior month. The consumer-price index, which measures what Americans pay for everything from shampoo to hotel stays, rose 0.2% in February after rising a seasonally adjusted 0.5% in January, the Labor Department said Tuesday. Excluding… Source link

Oil rescued from price lows by Libyan supply disruption

Oil rescued from price lows by Libyan supply disruption

LONDON (Reuters) – Oil rose on Tuesday, after Libya said loadings of crude at a key port had been suspended, offseting an earlier dent to the price caused by evidence of the inexorable growth in U.S. oil output. FILE PHOTO – A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy […]

Dallas-bound flight makes emergency landing in Albuquerque

Dallas-bound flight makes emergency landing in Albuquerque

Southwest passengers leap from wing after emergency landing March 12, 2018 Updated: March 12, 2018 11:15pm ALBUQUERQUE, N.M. (AP) — A Dallas-bound flight made an emergency landing at Albuquerque International Sunport, sending panicked passengers leaping from a wing onto the tarmac after crew members screamed at them to get away from the aircraft, passengers and […]

India Grounds Airbus A320Neo Jets With Faulty Pratt Engines

India Grounds Airbus A320Neo Jets With Faulty Pratt Engines

India took the drastic measure of grounding all Airbus SE narrow-body planes powered by the latest Pratt & Whitney engines, removing the aircraft from the country’s skies after a series of in-flight incidents. A320neos with even one Pratt engine featuring a seal found to cause vibrations are no longer allowed to fly, India’s Directorate General […]

China to merge regulators, create new ministries in biggest revamp in years

China to merge regulators, create new ministries in biggest revamp in years

BEIJING (Reuters) – China is merging its banking and insurance regulators and giving new powers to policymaking bodies such as the central bank in the biggest government shake-up in years. Delegates attend the fourth plenary session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China March 13, 2018. […]

The father of the world wide web is one disappointed dad

The father of the world wide web is one disappointed dad

Lee reserves his biggest criticisms for the huge platforms — by implication, Facebook and Google, among others — that have come to dominate their spheres and effectively become gatekeepers. They “control which ideas and opinions are seen and shared,” Lee wrote, pointing out that they’re able to impede competition by creating barriers. “They acquire startup […]

ACLU sues the TSA for domestic electronics screening details

ACLU sues the TSA for domestic electronics screening details

ACLU staff attorney Vasudha Talla explains: “TSA is searching the electronic devices of domestic passengers, but without offering any reason for the search. We don’t know why the government is singling out some passengers, and we don’t know what exactly TSA is searching on the devices. Our phones and laptops contain very personal information, and […]

Oil down 1 percent on continued concerns over US output

Oil down 1 percent on continued concerns over US output

NEW YORK (Reuters) – Oil prices fell on Monday as investors grappled with ongoing concerns over rising U.S. output and tight OPEC supply, while last week’s data showing speculators cut bets on oil suggested more selling could be seen. FILE PHOTO – A pump jack used to help lift crude oil from a well in […]