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Wholesale inflation remained stubbornly higher in November

Kraig Pakulski 0 27 Article rating: No rating
Employees work at an auto production center in Dearborn

By Alicia Wallace, CNN

(CNN) — Price hikes picked up speed for US-based businesses toward the end of last year, a potential signal that inflation has yet to peak and prices could soon rise faster for consumers.

US wholesale inflation picked up speed in November, pushed higher in part by fast-rising energy prices, according to shutdown-delayed data released Wednesday.

The latest Producer Price Index report showed that prices rose 0.2% in November from the month before, resulting in an annual rate of 3%, according to the Bureau of Labor Statistics.

Wednesday’s data also showed that wholesalers and retailers were likely continuing to pick up most of the hefty tab resulting from President Donald Trump’s sweeping and steep tariffs on imported goods.

“Retailers are shielding consumers from further big increases in goods prices triggered by the tariffs,” Samuel Tombs, chief US economist at Pantheon Macroeconomics, wrote in a note to investors Wednesday.

PPI, which measures the average change in prices that producers receive for their goods and services, serves as a potential bellwether for what consumers may see in the months ahead.

As was the case with other major economic reports that relied on data collected during the shutdown, the BLS did not release a separate PPI report for October because the 43-day federal shutdown hampered statistical agencies’ operations.

However, unlike those reports, the PPI was able to include fuller data for October – only the price-update requests and submissions were delayed, BLS officials wrote in a note accompanying the report.

In October, falling energy prices resulted in a softer overall reading: Producer prices rose 0.1% from September and were up 2.8% annually.

Wednesday’s report also showed that wholesale inflation was hotter than previously thought in September. The annual rate was revised higher to 3% from 2.7%.

When excluding food and energy, categories that can have abnormal price shifts, core PPI rose 0.3% in October and prices were flat in November; however, the annual rates firmed to 2.9% in October and 3% in November.

The latest PPI also provided a potential glimpse at how businesses are navigating higher costs that they’re paying because of President Donald Trump’s sweeping tariffs on imported goods.

Trade services, which measures profit margins for wholesalers and retailers, were down by 0.8% in both October and November, a possible indication that businesses were absorbing higher costs versus fully passing them along to customers.

As the labor market has weakened, wage growth has slowed, and economic disparities have grown wider, some businesses have sought to cut prices – versus raising them further – because a wider swath of Americans is struggling with affordability.

When excluding food, energy as well as trade services – which also can be volatile – the underlying trajectory of wholesale inflation was even more concerning: Prices shot 0.7% higher in October and rose 0.2% in November, lifting the annual rate to 3.4% in October and then 3.5% in November.

That’s the highest annual rate for PPI excluding energy, food and trade services in eight months.

“Premature declarations of a peak in tariff-related inflation look rather unconvincing after parsing the data,” Joe Brusuelas, RSM US chief economist, wrote in an email to CNN.

Retail sales rose more than expected in November

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Pictured is a shopper at at a Walmart store in Columbus

By Bryan Mena, CNN

Washington (CNN) — Sales at US retailers rose at a solid pace in November, despite jitters about the economy and a slowing labor market.

Retail sales rose 0.6% in November, the Commerce Department said Wednesday, up sharply from October’s downwardly revised 0.1% decline. That was higher than the 0.4% increase economists projected in a poll by data firm FactSet.

Sales were up across categories at the beginning of last year’s holiday season, rising the most at specialty shops (1.9%), gas stations (1.4%) and home improvement stores (1.3%). A measure that strips out volatile components, known as the control group, rose 0.4% in November, trouncing economists’ expectations of a 0.1% decline.

Spending was down in only two categories in November: At furniture stores, which edged down 0.1% from October; and at department stores, which fell sharply by 2.9%.

The report was delayed a month because of last year’s historic government shutdown. The figures are adjusted for seasonal swings but not inflation. From September to November, consumer prices were up 0.2%, which means retail sales were up 0.3% during that period, after adjusting for inflation.

The latest spending figures underscore the resilience of the US economy throughout 2025 in the face of President Donald Trump’s sweeping economic policies and disruptions such as the government shutdown.

Trump’s policies and a slowing labor market have taken a toll on Americans’ attitudes toward the economy, according to various polls and surveys, but people have continued to spend. That’s crucial because consumer spending accounts for about two-thirds of the US economy, with retail sales making up a sizable chunk of spending.

This story is developing and will be updated.

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Exigen respuestas por planta de energía abandonada en Mecca, grupo comunitario viajo hasta Riverside para entablar una conversación con los supervisores del condado

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Exigen respuestas por planta de energía abandonada en Mecca

Juan Montesló

MECCA, Calif. (KUNA) – Un grupo comunitario de Mecca continúa su travesía para encontrar respuestas y apoyo de autoridades gubernamentales, con el esclarecimiento de que sucederá con la planta abandonada “The Desert View Power”, que durante sus últimos años de operaciones fue vigilada por autoridades a nivel federal.

En el año 2022, cuando la planta recibió una notificación de violación de parte del gobierno federal por contaminar al aire al menos 2,686 veces.

La construcción se encuentra en cercanía de una comunidad rodeada de grupos  sensibles, como lo son menores de 5 años que acuden a un instituto preescolar y departamentos de adultos mayores de 65 años de edad. 

“Si hay manera de que hagan una supervision para ver que tan contaminado esta ese lugar y que hagan una limpieza profunda y efectiva para nuestra comunidad”, nos comentó en exclusiva a TELEMUNDO 15, Guadalupe Becerra, ex empleado de la planta.

El grupo comentó haber solicitado información y ayuda mediante diversos canales de comunicación  durante el ultimo cuatrimestre del año 2025, por lo que al no obtener una respuesta optaron por acudir a la junta de supervisores del condado de Riverside este martes 13 de enero, para expresar su inconformidad con la planta.

“Recibimos dos tipos de comunicación. La primera es no comunicación, pero la segunda es a lo mejor, ah, ok, no tenemos una actualización para ti ahora, podemos contactarte más al rato”, expuso el motivo por el cual tomaron dicha decisión, Krystal Otworth, coordinadora del grupo.

El tipo de emisiones contaminantes que aun emite esta planta no solo afecta ala salud de las personas, sino también la calidad del aire del suelo y del agua.

“Hay agroquímicos que  tienen metales pesados. Entonces todos estos materiales se adhieren a las partículas contaminantes, al material particulado, puede estar en el aire, eventualmente esos contaminantes pueden precipitar A los microorganismos del suelo, que son los microorganismos que van a fomentar la respiración o el metabolismo de lo que está cultivado en el suelo, si hay lluvia,  conforman parte de lo que se conoce como lluvia ácida,  y que inclusive pueden llegar a los m

Trump dice que “cualquier cosa menor” al control de Estados Unidos sobre Groenlandia es “inaceptable”

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Por Kit Maher, CNN

El presidente Donald Trump dijo este miércoles que “cualquier cosa menor” al control de Estados Unidos sobre Groenlandia es “inaceptable”, al argumentar que EE.UU. necesita ese territorio por razones de seguridad nacional, lo que a su vez podría fortalecer a la OTAN.

“La OTAN se vuelve mucho más formidable y efectiva con Groenlandia en manos de los ESTADOS UNIDOS”, escribió Trump en un posteo matutino en Truth Social. “Cualquier cosa menor que eso es inaceptable”.

Trump reiteró su afirmación de que adquirir Groenlandia es esencial para la seguridad nacional de Estados Unidos y “vital para la Cúpula Dorada que estamos construyendo”, en referencia al sistema de defensa antimisiles que desarrolla el Pentágono. También sostuvo que los líderes de la OTAN deberían estar presionando para que Estados Unidos tenga Groenlandia.

“La OTAN debería liderar el camino para que la obtengamos. ¡SI NO LO HACEMOS, RUSIA O CHINA LO HARÁN, Y ESO NO VA A PASAR! Militarmente, sin el enorme poder de Estados Unidos, gran parte del cual construí durante mi primer mandato y ahora estoy llevando a un nivel nuevo y aún más alto, la OTAN no sería una fuerza efectiva ni un elemento de disuasión. Ni de cerca. Ellos lo saben, y yo también”, escribió Trump en el posteo.

Esto ocurre mientras el vicepresidente JD Vance se dispone a encabezar este miércoles una reunión con el canciller de Dinamarca y su contraparte de Groenlandia, junto al secretario de Estado Marco Rubio. Groenlandia es un territorio autónomo de Dinamarca.

El martes, Trump desestimó comentarios del primer ministro de Groenlandia, Jens-Frederik Nielsen, quien dijo en una conferencia de prensa en Copenhague: “Groenlandia no quiere ser propiedad de Estados Unidos. Groenlandia no quiere ser gobernada por Estados Unidos. Groenlandia no será parte de Estados Unidos. Elegimos la Groenlandia que conocemos hoy, que es parte del Reino de Dinamarca”.

En respuesta, Trump dijo: “Ese es su problema. No estoy de acuerdo con él. No sé quién es. No sé nada de él, pero eso va a ser un gran problema para él”.

Esta es una noticia en desarrollo y se actualizará.

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A pop star, an ageing autocrat and a crackdown: What to expect from Uganda’s election

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Opposition presidential candidate Robert Kyagulanyi

By Nimi Princewill, CNN

(CNN) — Millions of Ugandans will Thursday cast their votes in a crucial presidential rematch between a former pop star and their long-time authoritarian leader, who aims to prolong his nearly 40-year rule.

In their previous encounter at the polls in 2021, President Yoweri Museveni, now 81, won by a landslide. Bobi Wine, a singer-turned-politician, finished a distant second.

Wine, whose real name is Robert Kyagulanyi, disputed the results, claiming they were rigged. The 44-year-old former pop singer, who claims he has been beaten, tasered, and attacked with teargas while campaigning against Museveni, is now rarely seen in public without a flak jacket and helmet.

Who are the main contenders?

Museveni seized the top job in 1986 – when Wine was just three. He secured the presidency following an armed uprising, and is now seeking a seventh consecutive term in office. Observers and analysts expect he is very likely to achieve it.

He has built his campaign around the motto “protecting the gains,” portraying a legacy of peace and stability during his four decades in power, and promised to lift Uganda – one of the world’s poorest countries – to a “high middle-income status” through investment in manufacturing and agriculture.

Museveni’s critics claim he has so-far held on to power by sidelining opponents.

Wine has built his identity on uncompromising opposition to what he describes as Museveni’s “dictatorship.” He is promising to build “a new Uganda,” pledging to revive political freedoms, eradicate corruption and create jobs. His campaign has mobilized millions of disenchanted young Ugandans.

“It is important for us to challenge the authoritarian leader – again and again – until we eventually get our freedom,” Wine told CNN. “Because not challenging him means giving up.”

“We know that all (institutions of the state) are up against us – the military, the police… But it is clear that the people of Uganda are standing firm behind the positive change that I am leading.”

While the election is seen as primarily a contest between Museveni and Wine, there are six other candidates, including prominent lawyer Nandala Mafabi.

Mafabi, 59, attracted large crowds in parts of Uganda, where he promised to manage the country’s resources prudently and campaigned with the slogan, “Fixing the economy; money in our pockets.”

Will the election be fair?

Museveni’s ruling National Resistance Movement party has altered Ugandan laws to help him maintain power, including the removal of age and term limits for the presidency. After securing a fifth term in 2016, he told the BBC that “we don’t believe in (presidential) term limits.” He has faced repeated criticism for suppressing opposition rallies and cracking down on anti-government protests.

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