Wholesale inflation jumps in January - Spokane, North Idaho News & Weather KHQ.com

Wholesale inflation jumps in January

WASHINGTON. - The government says inflation at the wholesale level soared in January. The costs of food, energy and medicine all jumped sharply.
     
The Labor Department says wholesale prices rose 1 percent last month. That was more than double what analysts had been expecting. It left prices rising at the fastest pace in more than 16 years.

The worse-than-expected performance was certain to capture attention at the Federal Reserve. Fed officials have chosen to combat a threatened recession by aggressively cutting interest rates, believing that they have room to do so because weak economic growth will keep a lid on prices.
  • Most Popular StoriesMost Popular StoriesMore>>

  • Spokane man intervenes in terrifying case of road rage

    Spokane man intervenes in terrifying case of road rage

    Thursday, September 21 2017 2:23 AM EDT2017-09-21 06:23:54 GMT

    SPOKANE, Wash. - A terrifying case of road rage could have gotten much worse if it hadn't been for a total stranger. The man went from a spectator to a participant in a matter of seconds. Once James Williams saw there were kids involved in this potentially dangerous situation, the former Marine Corps. medic said he had to do whatever he could do to help.

    >>

    SPOKANE, Wash. - A terrifying case of road rage could have gotten much worse if it hadn't been for a total stranger. The man went from a spectator to a participant in a matter of seconds. Once James Williams saw there were kids involved in this potentially dangerous situation, the former Marine Corps. medic said he had to do whatever he could do to help.

    >>
  • Coeur d’Alene Police search for armed robbery suspect

    Thursday, September 21 2017 9:35 AM EDT2017-09-21 13:35:12 GMT

    COEUR D'ALENE, Idaho - Coeur d’Alene Police are searching for an armed robbery suspect who entered a grocery store demanding money from the clerk at gunpoint. The robbery occurred around 9pm Wednesday at Jordan's Grocery in the 1000 block of N. 15th street. The suspect male entered the store with a handgun and demanded money from the clerk who removed all the cash from the register and gave it to the suspect.

    >>

    COEUR D'ALENE, Idaho - Coeur d’Alene Police are searching for an armed robbery suspect who entered a grocery store demanding money from the clerk at gunpoint. The robbery occurred around 9pm Wednesday at Jordan's Grocery in the 1000 block of N. 15th street. The suspect male entered the store with a handgun and demanded money from the clerk who removed all the cash from the register and gave it to the suspect.

    >>
  • Family, friends remember artist killed in I-90 crash

    Family, friends remember artist killed in I-90 crash

    Wednesday, September 20 2017 11:13 PM EDT2017-09-21 03:13:49 GMT

    SPOKANE, Wash. - When Ryan Foster received the tragic news about losing his sister in a crash on Interstate 90, he couldn’t believe it. He was all the way back east in Jersey City, New Jersey, and got on a plane as fast as he could "Just shock, disbelief. I mean there's still a great deal of it, but at this point it's just about remembering her," said Ryan. 24-year-old Michaelanne Foster is being remembered as a talented artist and a loving and caring sister.

    >>

    SPOKANE, Wash. - When Ryan Foster received the tragic news about losing his sister in a crash on Interstate 90, he couldn’t believe it. He was all the way back east in Jersey City, New Jersey, and got on a plane as fast as he could "Just shock, disbelief. I mean there's still a great deal of it, but at this point it's just about remembering her," said Ryan. 24-year-old Michaelanne Foster is being remembered as a talented artist and a loving and caring sister.

    >>
HD DOPPLER 6i
/