- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Committee to start planning process for indoor aquatic center in Cape (6/20/18)1
- Judge denies order of protection for woman accusing deputy of stalking her (6/23/18)5
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- Southeast to spend $150,000 to refresh brand with Ohio firm (6/19/18)6
- Stooges in Jackson under new ownership (6/23/18)
- Poplar Bluff nail manufacturer gets hammered by new tariffs on steel (6/22/18)7
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Scott County Sheriff Wes Drury responds to issue involving deputy (6/23/18)2
- Neal Boyd blessed us all with his God-given talent (6/19/18)
Consumer cost increase provokes inflation fears
WASHINGTON -- Rising prices for gasoline, air travel and clothing propelled consumer costs 0.5 percent higher in March, raising the possibility that the Federal Reserve may raise interest rates this summer. Wednesday's reading on the Consumer Price Index, the government's most closely watched inflation measure, revived concerns about the prospects of an inflation flare-up now that the economy is rebounding, economists said. Especially jolting was the 0.4 percent increase in core consumer prices, excluding energy and food costs. The increase was 0.2 percent in both January and February.
High expectations make Intel Corp. shares fall
SAN JOSE, Calif. -- Intel Corp.'s shares fell Wednesday after the chip maker reported first-quarter results that missed Wall Street's expectations despite stronger demand from businesses for computers and other high-tech gear. Intel also said after the market closed Tuesday that it expects the current quarter's revenue to be between $7.6 billion and $8.2 billion. Though the midpoint is below analysts' consensus expectation of $8.09 billion, it's above historical declines in the second quarter, one of the weakest periods of the year.
-- From wire reports