A Federal Reserve survey shows the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.More >>
A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.More >>
Thursday, October 17 2013 4:40 PM EDT2013-10-17 20:40:19 GMT
(RNN) - By passing a last-minute deal on the debt ceiling, and a 16 days-late deal on the government shutdown, Congress finally got back to doing its job. So, what now? Some people may see it as the timeMore >>
With a budget passed only until January, a debt ceiling deal through February and a bunch of days off for Congress until then, the country may be back in the same situation soon.More >>
Thursday, October 17 2013 5:27 AM EDT2013-10-17 09:27:22 GMT
A last-minute deal has been struck, allowing the federal government to avoid a shutdown. A shutdown would have suspended all federal government services deemed non-essential. All federally-funded museums,More >>
Congress has passed a bill to fund the government and lift the debt ceiling, avoiding default. More >>
Sunday, October 13 2013 6:52 PM EDT2013-10-13 22:52:24 GMT
WASHINGTON, DC (RNN) - Despite the WWII Memorial being closed, members of the Million Vet March have gathered in Washington, DC to protest the government shutdown – according to media reports. "We do notMore >>
Veterans gathered at the World War II Memorial in Washington, DC to protest the government shutdown.More >>
Saturday, October 12 2013 10:44 PM EDT2013-10-13 02:44:59 GMT
People nationwide have been unable to access welfare benefits through their EBT cards Saturday. Reports on the matter indicated the issue has no connection to the government shutdown.More >>
Xerox, which handles EBT systems in several states, said Saturday night the problem that prevented people from using their cards to shop has now been corrected. More >>
WASHINGTON (NBC) - New numbers from the Labor Department showed the biggest jump in food prices since 1974.
Numbers released by the U.S. Labor Department Wednesday show food prices sky-rocketing in February by 3.9 percent. Contributing factors includeD fuel prices, unrest in the Middle East and rising food costs brought on by severe weather and crop shortages in Florida and abroad.
It adds up to bad news for you, food wholesalers and your favorite restaurant.
"Ninety-nine percent of the products we use have gone up double, and some triple," said George Gregory, a restaurant owner Charlotte, NC.
He has not raised his menu prices in three years.
"We are trying to stay loyal to our customers, and it would be great if the gas companies would stay loyal to their customers and not go up so much," Gregory said.
Do not expect that to happen anytime soon. Many experts believe Americans will continue to pay more for essentials like groceries and gas through the end of 2011.
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