U.S. Wholesale Inflation Accelerated in August as Energy Costs Rose
U.S. producer prices rose 5.4% over the year to August as energy and diesel costs climbed, pressuring freight and business costs ahead of the Fed meeting.
Energy costs
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Wholesale Prices Flat in July as Annual Cost Pressures Persist
U.S. wholesale prices were flat in July, but annual increases in energy, transportation, construction and imports point to continuing cost pressure.
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Fed says tariffs, energy costs and AI investment pushed U.S. inflation higher
The Federal Reserve’s July report to Congress said inflation rose notably in recent months, while the economy continued to expand and the labor market remained broadly stable.
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New York’s $1 Billion POWER Rebates Are Moving Toward Fall Payments
New York’s enacted FY 2026-27 budget provides automatic $100-to-$200 POWER rebate checks for eligible taxpayers whose 2024 state returns meet the residency, income and filing-status rules. The state expects to mail checks from September through December 2026.
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EIA: Residential Electricity Prices Rose in 45 States Through May
Preliminary EIA data show residential electricity rates rose in 45 states and D.C. through May 2026, while household bills still depend on usage.
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June CPI Fell as Gasoline Dropped, but Groceries Stayed Higher
U.S. consumer prices fell in June as energy costs dropped, but grocery and electricity prices remained above year-earlier levels, limiting relief for many households.
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Reading AAA fuel prices July 14: Gas $3.98, diesel $5.19
Reading PA Gas & Diesel Watch – AAA shows Reading metro regular gas up to about $3.98 and diesel about $5.19, both higher than yesterday.
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United States consumer prices report: June CPI due July 14 (8:30 a.m. ET)
United States Consumer Costs and Household Budgets – BLS releases June 2026 CPI July 14 at 8:30 AM ET. Here’s how to read rent, food, and gas headlines.
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Charlotte Duke Energy trims NC residential rate request to 11.6% for July 7 hearing
Duke Energy Carolinas reduced its proposed NC residential electric rate increase to 11.6% ahead of a July 7 expert-witness hearing—still pending regulators.
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Fairbanks pushes for LNG spur line as Alaska lawmakers negotiate tax deal
Fairbanks is pressing lawmakers to keep a direct LNG spur line in SB 280 while the tax bill, price rules, and cost-sharing terms remain unsettled.
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Baltimore BGE bills: What Maryland’s Utility RELIEF Act could change after Annapolis’ final vote
Baltimore MD – Annapolis passed the Utility RELIEF Act as BGE customers face higher 2026 bills, but the biggest question is how much relief shows up, and when.