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While the summertime is quite hot across the interior of the western United States in the valleys, basins and deserts, the heat will soon go above and beyond what is typical. AccuWeather meteorologists continue to warn of dangerous heat that will build through at least the first weekend of July over the interior Southwest and into mid-July over the interior West. "Extreme temperatures will crescendo into the weekend as a northward bulge in the jet stream strengthens over the region," AccuWeather Senior Meteorologist Heather Zehr said. "At its peak, afternoon high temperatures will be around 20 degrees above average in...

The Gulf of Mexico reached record heat in the first half of August, setting the stage for an intense hurricane season in a region that is no stranger to devastating storms. Average temperature data from the Southeast Regional Climate Center from Aug. 1-15 indicated record high temperatures on coastal stations, across an unbroken swath of coast stretching from Matamoros in northeastern Mexico to Miami. ENERGY & ENVIRONMENT Average Gulf Coast temperatures reach record highs BY ZACK BUDRYK - 08/16/23 3:31 PM ET SHARE TWEET A man walks his dog along the beach Tuesday, Aug. 25, 2020, in Galveston, Texas, as...

Home prices are ticking up again and reaching new highs in many markets across the country, according to a new report. Prices grew by 0.8 percent in June after slowing for more than a year, pushing prices to record levels in around 60 percent of the nation’s major housing markets, the report from Black Knight showed. Overall, annual price growth was greatest in markets in the Midwest and northeast regions of the U.S., while the strongest price growth was seen in Hartford, Seattle and San Jose. Median home prices in the pandemic-era boomtown Austin fell furthest below their 2022 peak,...

LONDON – Gold prices hit record highs for a fifth session on Thursday and silver rallied to its strongest since 1980 as the dollar slid to a three-year low against a basket of major currencies. The action in the currency markets added fuel to a rally sparked by concerns over the U.S. economic outlook, rising inflation, worries over euro zone debt and historically low interest rates in the United States, analysts said. Spot gold was bid at $1,502.10 an ounce at 1322 GMT, against $1,498.15 late in New York on Wednesday, having earlier peaked at $1,508.75 an ounce. U.S. gold...

The unemployment rates in eight states hit record-highs last month and only two -- Nebraska and Vermont -- did not report increases. The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan. Its unemployment rate rose to 14.1 percent. The eight states that set records are: California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida and Georgia. The West region reported the highest jobless rate at 10.1 percent. The last time any region had a rate of...

Home  l  Broadcast  l  Market Monitor  l  Top 10  l  Storm Watch  l  Sitemap  l  About Us Today's WrapUp by Tim W. Wood 08.13.2004  Mon   Tue   Wed   Thu   Fri   Archive THE DOW REPORT The Global Bear I have maintained that according to Dow theory, the rally out of the October 2002 low has been a giant “Secondary Reaction?which will likely serve to separate Phase I from Phase II of this great bear market. The sad thing is that few truly realize or believe that we are actually in a bear market. As you should all know from previous writings,...