The U.S. producer price index – which measures inflation before it reaches consumers – surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. It rose at slightly slower pace last month than in April, when it jumped 10.9% from a year earlier, and is down from an 11.5% yearly gain in March. Read More from AP News.
- 7 things to know about the possible Atlantic City casino workers strike
- Outdoor Experiences in Atlantic City
- Atlantic City cracking down on shoplifters, crime ahead of NAACP convention
- South Jersey farmers say Americans need to start buying local produce or they won’t survive
- Countdown to budget: Coughlin wants $300M for new loan program