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Inflation re-accelerated in the US and Europe last month, highlighting sticky price pressures that keep central banks ultra-hawkish and committed to increasing the terminal rate. Interest rate markets are still repricing the ‘about face’ in the disinflation narrative, which has caused cross-asset turmoil. Despite the lingering inflation storm, there is good news: global food prices in February declined for the eleventh consecutive month. The United Nations’ Food and Agriculture Organization’s Food Price Index fell .6% last month to 129.8. Last month’s decline was driven by the price of slumping cooking oils and dairy products, while grain and meat prices were...

New York City Mayor Eric Adams announced this week that the city’s police may receive less or the same amount of funding in the city’s 2022 budget. “The budget is basically going to be flat,” Adams said about the police budget before acknowledging it may decrease. “There may be a slight decrease in the next few months, but it’s basically going to remain flat,” Adams claimed about the $107 billion budget.

Montana has seen a significant decrease in COVID-19 cases and hospitalizations over the past few weeks. A readout for Montana Gov. Greg Gianforte (R) from the state’s health department showed a decline of 43 percent decline in cases this week compared to the week prior, The Associated Press reported. In that same time, hospitalizations decreased 16 percent in the state after a surge of new COVID-19 cases in September.

Despite growing use of fossil fuels in many African countries due to development and economic growth, there has been a small but unexpected decrease in air pollution over some parts of the continent in recent years. According to new research, the change is most evident during the dry season in areas where grassland fires traditionally occur. The small seasonal decrease may not be enough to offset increasing human-caused air pollution in the long term, but it does show an interesting shift in the region. Researchers from the U.S., France, and Cote d’Ivoire analyzed satellite observations of air pollution from 2005...

More white people died in the United States last year than were born, a surprising slump coming more than a decade before the Census Bureau says that the ranks of white Americans will likely drop with every passing year. “We’re jumping the gun on a long, slow decline of our white population, which is going to characterize this century,” said William Frey, a demographer with the Brookings Institution. Earlier this year, census figures showed that for the first time in U.S. history, a majority of babies were minorities.

The Illinois Republican party claims early and absentee voting has precipitously fallen since the 2008 presidential election. According to the numbers, at this point in 2008, there were 260,376 early voters and 304,290 absentee voters. Now, the party maintains, there are 195,064 early voters and 46,232 absentee voters. That's a loss of 57 percent of voters, since the last election.

(CNSNews.com) – The stimulus law enacted in February promoted the purchase of plug-in electric cars by the federal government and the broader market, but a Government Accountability Office (GAO) report released this month says that the use of plug-in electric vehicles will not by itself decrease greenhouse gas emissions. To do that, the report argues, the United States would have to switch from coal-burning plants to lower-emission sources to generate electricity such as nuclear power. “If you are using coal fired power plants and half the country’s electricity comes from coal powered plants, are you just trading one greenhouse gas...

WASHINGTON, Oct. 28, 2007 – Coalition and Iraqi security forces continue to make progress against al Qaeda and other criminal elements, thanks in large part to the efforts of concerned citizens throughout the country, a senior military official in Baghdad said during a briefing today. In his first briefing since taking over as chief of Multinational Force Iraq’s communications division, Navy Rear Adm. Gregory J. Smith said the recent detention of several key leaders in al Qaeda propaganda cells has proven that coalition forces are making an impact against al Qaeda in Iraq. Smith said four senior media cell members...

DETROIT, Dec. 1 — Sales by the Ford Motor Company declined even more last month than its management had expected. The company fell into fourth place in November for the first time in its history, behind Toyota Motor of Japan and the German-American automaker DaimlerChrysler, figures released Friday show. Ford sold 10 percent fewer vehicles than it did a year ago, sending its market share in the United States down to 14.8 percent from 16.9 percent last November, according to Ward’s AutoInfoBank. By contrast, Toyota’s sales increased 16 percent, giving it a market share of 16.5 percent, while DaimlerChrysler, which...

WASHINGTON, Feb. 2, 2006 – For most of January, the casualty rate in Iraq was at the lowest rate since the spring of 2004, a Multinational Force Iraq spokesman said in a briefing from Baghdad today. "In January ... there were 19 days where the number of casualties were lower than 50, and that's the lowest rate we've seen since the spring of '04," Army Maj. Gen. Rick Lynch said. "If you study total casualty numbers - and these casualty numbers include coalition, civilian and Iraqi security force casualties - the month of January had about 1,600 casualties," he said....

WASHINGTON, Jan. 25, 2006 – The number of U.S. troops serving in Iraq has decreased to around 138,000, which was the level deployed there last summer, a Defense Department military spokesman said here today. "We have come back down to the troop level that we were at back in the summer of '05," said Army Lt. Col. Barry Venable. U.S. troop levels in Iraq were temporarily boosted last year from around 138,000 to about 160,000 troops to provide extra security for the Oct. 15 constitutional referendum and the Dec. 15 nationwide elections. Those extra troops "have cycled out and we're...

This week the Army and Navy each report an increase in the number of reservists on active duty in support of the partial mobilization. The Air Force and Marine Corps each report a decrease. The net collective result is 1,066 fewer reservists than last week. At any given time, services may mobilize some units and individuals while demobilizing others, making it possible for these figures to either increase or decrease. Total number currently on active duty in support of the partial mobilization for the Army National Guard and Army Reserve is 165,086; Naval Reserve 1,918; Air National Guard and Air...

Just the brief announcement, no reasons given why so far.Speculation centered on catching the Buffalo active cell of U.S. Citizens..

Federal Gas Tax Cut Will Increase Traffic Congestion & Threaten Highway Safety By John W. Wight Traffic accidents are the leading cause of death for Americans age 6 to 28 and result in more permanent disabling injuries than any other type of accident. This serious public health situation could become even worse if several proposals recently floated on Capitol Hill ever become law. The price of gasoline has been climbing steadily in recent weeks and could go even higher before the summer travel season ends. It is well understood that the price increase is due to a shortage of...