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The Producer Price Index Comes in Hotter Than Expected

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PPI advances 0.7% in January; goods rise 1.2%, services increase 0.4% Inflation Still High ,but the Trend is Down

the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand increased 0.7 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.2 percent in December 2022 and advanced 0.3 percent in November.

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Inflation Rose 0.5% in January Continues at an Annualized Rate of 6.4%

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the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.4 percent before seasonal adjustment.

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Senator Cory Booker Still Using “TikTok” Despite Cybersecurity Issues

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the staff of the Ridgewood blog

Washington DC, Governor Phil Murphy announced that the State of New Jersey has issued a cybersecurity directive to prohibit the use of high-risk software and services, including TikTok, on State provided or managed devices.

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Debt Ceiling: 56% of Voters Prefer a Government Shutdown

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the staff of the Ridgewood blog

Washington DC, as President Joe Biden prepares to face off with House Republicans over the U.S. government’s debt ceiling, a majority of voters would rather have a government shutdown than to have Congress sign off on more spending.

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Congressman Van Drew announced that he is introducing legislation that will prohibit federal agencies from banning any gas-powered appliances

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jill Biden Cooking with Gas

the staff of the Ridgewood blog

Washington DC, Congressman Van Drew announced that he is introducing legislation that will prohibit federal agencies from banning any gas-powered appliances or devices commonly found in residential properties.

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FBI Director Christopher Wray: Violent Crime Problem Is Real and Tackling It Requires a Group Effort

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“violent crime remained at alarmingly high levels”

by FBI Director Christopher Wray

Washington DC, in law enforcement, our most fundamental duty is to ensure people can live free from fear—a task that has become more challenging over the past few years. FBI crime statistics released in October showed that in 2021, for the second year in a row, violent crime remained at alarmingly high levels. From conversations I routinely have with police chiefs and sheriffs every week, those violent crime trends have continued throughout 2022.

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Employment Picture Remained Steady

the staff of the Ridgewood blog

Washington DC, yesterday the Bureau of Labor Statistics reported ,total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance.

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Less Than Half of GOP Voters Want McCarthy as House Speaker

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the staff of the Ridgewood blog

Washington DC, as the House of Representatives prepares for another day of voting on who will wield the Speaker’s gavel, voters are divided over whether Republican Rep. Kevin McCarthy should get the job.

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49% Believe Randomly Selected Group From the Phone Book Could Do Better Than Congress

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the staff of the Ridgewood blog

Ridgewood NJ, Most voters believe congressional elections are rigged to protect incumbents and nearly half think a group of people randomly selected from the phone book could do a better job addressing the nation’s problems than the current Congress.

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White House War on American Energy Independence Continues: Plan to Quadruple Mythical “Social Cost of Carbon Emissions”

Snow Blizzard of 2016 Ridgewood CBD

file photo by Boyd Loving

the staff of the Ridgewood blog

Washington DC, just in time for winter, the Biden Administration is moving full speed ahead with his economically ruinous crusade against fossil fuels.

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Trump Announces 2024 Run for President

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the staff of the Ridgewood blog

Palm Beach Fl,  former President Trump announced his entry into the 2024 race for the White House. Trump made the announcement during a much-anticipated event at Mar-a-Lago, his private estate and club in Palm Beach, Fla., just a week after a lackluster midterm election performance denied Republicans the “red wave” they had long anticipated and led to days of finger-pointing within the party.

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Unemployment rate edged down to 3.5 percent Job Growth Continues to Slow

Fed Chairman Jerome Powell

the staff of the Ridgewood blog

Washington DC, (8:33am) total nonfarm payroll employment increased by 263,000 in September, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality and in health care.

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U.S. DEPARTMENT OF ENERGY ANNOUNCES NOTICE OF SALE OF ADDITIONAL CRUDE OIL FROM THE STRATEGIC PETROLEUM RESERVE

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the staff of the Ridgewood blog

Washington DC, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves today announced a Notice of Sale of up to 10 million barrels of crude oil to be delivered from the Strategic Petroleum Reserve (SPR) in November 2022. This Notice of Sale is part of  President Biden’s announcement on March 31, 2022 authorizing the sale of crude oil from the SPR as continued support to help address the significant market supply disruption caused by Putin’s war on Ukraine and aid in lowering energy costs for American families.

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How Was the Water at Camp Lejeune Contaminated … and What Are the Ongoing Consequences?

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In 1982, trichloroethylene and benzene were leaked into the water tap in the area of the Marine Corp Base Camp of Camp Lejeune, North Carolina. What’s important to understand about this leak, however, is that it did not happen due to one mistake. These chemicals were leaked into the drinking water of that Marine base on purpose over a long period of time.

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Voters Say Hunter Biden’s ‘Laptop From Hell’ Still an Important Story

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the staff of the Ridgewood blog

Washington DC, the abandoned laptop that revealed Hunter Biden’s foreign business dealing remains an important story, according to voters, many of whom think it could have changed the 2020 election.

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