26 de mayo de 2019
ÚLTIMAS NOTICIAS:
Hispanic World

US consumer prices rise 0.2 pct. in July

Washington, Aug 10 (efe-epa).- The United States' consumer price index (CPI) rose 0.2 percent in July from the previous month and 2.9 percent relative to July 2017, the Labor Department said Friday.

 A view of a container terminal in Boston, Massachusetts. EPA-EFE/File

A view of a container terminal in Boston, Massachusetts. EPA-EFE/File

Washington, Aug 10 (efe-epa).- The United States' consumer price index (CPI) rose 0.2 percent in July from the previous month and 2.9 percent relative to July 2017, the Labor Department said Friday.

Excluding the volatile price categories of food and energy, underlying, or core, CPI rose 0.2 percent last month and 2.4 percent for the 12 months ending in July, the biggest increase since September 2008.

The figures released by the Bureau of Labor Statistics were in line with economists' forecasts.

The main drivers of the price increases in July were housing, up 0.3 percent; food, which rose 0.1 percent; and motor vehicles, up 0.3 percent.

Gasoline prices, meanwhile, decreased by 0.6 percent.

The government report attributed 60 percent of the CPI increase in July to higher housing costs.

Given the steady rise in US consumer prices, the Federal Reserve is expected to continue its program of gradual interest rate hikes for the remainder of 2018.

The US central bank raised its benchmark federal-funds rate in March and then did so again in June, leaving it at a range of between 1.75 percent and 2 percent.

At least two more rate hikes are expected before year's end due to the current robust economy and 3.9 percent unemployment rate in July.

Economists expect the Fed will approve another rise in the federal-funds rate when its monetary policy-making body meets on Sept. 25-26.

Histórico de noticias
Puerto Rican baseball pioneer says female athletes can compete against men

Jorge J. Muñiz Ortiz

Mexico Muslims recreate the Islamic world during Ramadan

By Manuel Soberanes Cobo

Afro-Brazilian movement aims to combat racism in country's business world

Nayara Batschke

Neymar joins Brazilian national soccer team ahead of Copa America

Teresopolis, Brazil, May 25 (efe-epa).- Neymar, the captain of Brazil's national soccer team, joined his teammates on Saturday to start preparations for the...

California calls on goats to prevent wildfires

By Marc Arcas

Waiting in long lines to buy food is Cuba's current crisis and biggest joke

By Atahualpa Amerise

Mexico's plans for embattled energy sector spark criticism

Eduard Ribas i Admetlla

High-rise shacks becoming common sight in housing-challenged Brazilian city

Laura Lopez

Trump pledges another $16 bn for farmers hurt by Chinese tariffs

Washington, May 23 (efe-epa).- President Donald Trump on Thursday approved a second aid package for US farmers, this one for $16 billion, with the aim of...

Experts stress using digital tools to make Colombian companies more dynamic

Cali, Colombia, May 23 (efe-epa).- Increasing human beings' use of digital tools is the vehicle whereby Colombia's business sector will develop, several...

US charges Julian Assange with espionage

Washington, May 23 (efe-epa).- The US Department of Justice announced Thursday a new indictment of WikiLeaks founder Julian Assange that includes an...

Pelosi stays firm vs. Trump on cover-up claim

By Alex Segura Lozano

Tornadoes kill at least 3 in Missouri

Washington, May 23 (efe-epa).- At least three people were killed by tornadoes in the Midwestern US state of Missouri, Gov. Mike Parson said Thursday.

What will happen to Cuba's anti-imperialist grandstand at US Embassy?

By Lorena Canto

Argentine cooperative provides new lease on life for former inmates

Cristina Terceiro

Costa Rican president rejects military option in Venezuela, Nicaragua

Douglas Marin

Massive seaweed influx in Cancun's hotel zone

Cancun, Mexico, May 22 (efe-epa).- The hotel zone along the beaches in the Mexican resort city of Cancun on Wednesday experienced a massive influx of...

Journalism in digital age must rethink how to reach its audience

By Gina Baldivieso

US jury sentences Spaniard to life in prison for triple-murder

Fort Lauderdale, Florida, May 22 (efe-epa).- Spaniard Pablo Ibar, convicted in January after a third trial for his part in a 1994 triple-murder, was...

With electricity, gasoline, Caracas is oasis of sorts amid Venezuelan crisis

By Hector Pereira

Judge upholds congressional subpoenas for Trump's financial info

New York, May 22 (efe-epa).- A federal judge ruled here Wednesday that two financial institutions can turn over information sought by US lawmakers regarding...

US senator seeks answers after 5th migrant youth dies in custody

Washington, May 22 (efe-epa).- Democratic Sen. Elizabeth Warren sent a letter Wednesday to the acting head of US Customs and Border Protection (CBP)...

Craft-making on the decline in southern Mexico due to lack of pupils

By Mitzi Mayauel Fuentes Gomez

Bucking US sanctions, American Airlines expands flights to Cuba

Havana, May 22 (efe-epa).- American Airlines, the leading international carrier serving Cuba, said Wednesday that it intends to offer additional flights to...