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- Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less
Legislation that would have waived building permits for jobs valued at up to $7,500 failed to pass the Florida House this year, but the key clause found its way into another bill that is now awaiting the governor’s signature. “A … [TheTopNews] Read More.16 mins ago - Trump Again Vows to Block Wind Turbines During His PresidencyUS President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proudly telling you that … [TheTopNews] Read More.34 mins ago
- US Home Insurance Prices Set to Keep Rising With Severe WeatherUS home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this … [TheTopNews] Read More.45 mins ago
- Proscecutor Drops Charges Against Teen in Georgia Prank Gone WrongA Georgia prosecutor has decided to drop charges against a teenager who police say was driving the truck that struck and killed a beloved high school teacher when a prank turned deadly, the teen’s lawyer said. The victim’s family had … [TheTopNews] Read More.1 hour ago
- Iran Warns Gulf Nations of Major Response After Gas Field Strikeran warned countries around the Persian Gulf that a number of energy assets are now “legitimate targets” after Israel attacked its giant South Pars gas field, sending further shockwaves through oil and gas markets. Facilities in Qatar, Saudi Arabia and … [TheTopNews] Read More.1 hour ago
- Inflation is surging at the wholesale level: Are consumer prices next?
In February, the Producer Price Index rose at the fastest level in months By Mark Huffman of ConsumerAffairs March 18, 2026 Wholesale inflation accelerated in February, with the Producer Price Index (PPI) rising 0.7%, the fastest monthly gain in months. Goods prices surged 1.1%, driven by sharp increases in food and energy, including a nearly 49% spike in vegetable prices. Core producer prices (excluding food, energy, and trade services) climbed 0.5% for the 10th straight month, signaling persistent underlying inflation. Economists keep an eye on wholesale prices, because they eventually affect the prices consumers pay. The trend is not good. Wholesale prices picked up momentum in February, reflecting broad-based increases across goods and services, according to new data from the U.S. Bureau of Labor Statistics. The Producer Price Index (PPI) for final demand rose 0.7% for the month on a seasonally adjusted basis, following gains of 0.5% in January and 0.4% in December. On a year-over-year basis, producer prices increased 3.4%, matching the largest annual gain recorded since February 2025. The February increase was driven by both goods and services, though goods prices showed the strongest acceleration. Prices for final demand goods climbed 1.1%the largest jump since August 2023while services advanced 0.5%. The biggest drivers Food and energy played a major role in the goods increase. Food prices surged 2.4%, accounting for roughly 40% of the overall rise in goods. Energy prices also rose sharply, up 2.3%. A standout contributor was a dramatic 48.9% spike in prices for fresh and dry vegetables, which alone accounted for more than one-fifth of the overall increase in goods. Other notable increases included diesel fuel, gasoline, jet fuel, chicken eggs, and tobacco products. In contrast, prices for jewelry fell 4.0%, while home heating oil and soft drinks also declined. On the services side, the 0.5% increase marked the third consecutive monthly gain. Much of the rise came from services excluding trade, transportation, and warehousing, which climbed 0.6%. Trade services and transportation and warehousing services also posted gains of 0.4% and 0.5%, respectively. Within services, a sharp 5.7% increase in traveler accommodation prices was a key driver, accounting for about one-fifth of the overall services advance. Prices also rose for food and alcohol wholesaling, financial services such as securities brokerage and investment advice, and inpatient care. However, some sectors saw declines, including a 4.5% drop… [TheTopNews] Read More.1 hour ago - Rikers Island Correction Officer Cops to Falsifying Workers’ Compensation Clai...A corrections officer at the Rikers Island jail complex pled guilty yesterday to receiving more than $370,000 in workers’ compensation benefits based on fake injury claims, according to federal prosecutors. U.S. Attorney for the Southern District of New York Jay … [TheTopNews] Read More.2 hours ago
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