- Cape teacher accused of assaulting student at football game (10/23/16)34
- Pedestrian killed during traffic collision on I-55 (10/23/16)9
- Scott County Sheriff Rick Walter faces challenge from criminal investigator Wes Drury (10/21/16)8
- Shooting injures two people in Cape early Tuesday (10/19/16)34
- 18-year-old killed in one-car crash Thursday morning (10/21/16)1
- Man arrested after dispute at school spurs brief lockdown (10/21/16)6
- 'I feel for them' (10/20/16)1
- Perry County: A great place to find home away from home (10/14/16)
- Hundreds turn out for VintageNOW fundraiser (10/23/16)3
- Crews are working on the new Drury Hotel (10/21/16)4
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