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Inflation a mixed bag for household budgets

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www.youtube.com – WRAL – 2025-06-11 20:08:33


SUMMARY: The latest Consumer Price Index shows annual inflation at 2.4%, slightly higher than the previous month but better than expected. Some costs, like eggs (down 2.7%) and gas (down 12%), have decreased, while food overall rose 2.9% and housing increased 3.9%. Economists caution this mixed picture isn’t sustainable long-term. Businesses are keeping prices low now despite lower profits, but tariffs and trade deals could push prices up soon. The Federal Reserve will use this data to decide on interest rates, which impact mortgages and credit cards; any rate cut would be the first since December 2024.

Grocery prices continue to climb, but gas is much cheaper than a year ago.

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News from the South - North Carolina News Feed

Power restored to thousands after hours long outage

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www.youtube.com – WRAL – 2025-07-27 07:56:27


SUMMARY: Nearly 2,000 people in Durham County endured a long power outage caused by a downed utility pole, finally restored just before 9 p.m. The pole was brought down when a large truck caught power lines while turning into Zinc House Winery’s driveway, forcing the winery to close during a dangerously hot day. Residents suffered without air conditioning for hours; some relied on generators. Wake Electric crews worked throughout the day to replace the pole and restore power. Locals expressed concerns about repeated outages and traffic safety near the winery, urging county officials to address these ongoing issues.

A truck crash into a power pole along N.C. Highway 98 near Southview Road left nearly 2,000 residents without electricity on Saturday, amid the most intense heatwave of the season.

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News from the South - North Carolina News Feed

JB Pritzker asks North Carolina Democrats ‘Are you ready to fight?’ amid 2028 speculation

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ncnewsline.com – Brandon Kingdollar – 2025-07-27 07:15:00

SUMMARY: Illinois Governor JB Pritzker delivered a keynote speech at North Carolina Democrats’ Unity Dinner on July 26, 2025, signaling possible 2028 presidential ambitions. He criticized “MAGA Republicans,” condemned the Trump administration’s actions, and emphasized protecting democracy and working families. Pritzker outlined a Democratic agenda including rebuilding social services, lowering living costs, and addressing AI policy. Other speakers included former Governor Roy Cooper and Justice Anita Earls, focusing on judicial races and state issues. Attendees praised the direct, combative style. The event inspired optimism and calls for continued grassroots organizing to combat Republican policies and strengthen the Democratic Party in North Carolina and nationally.

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The post JB Pritzker asks North Carolina Democrats ‘Are you ready to fight?’ amid 2028 speculation appeared first on ncnewsline.com

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News from the South - North Carolina News Feed

Saturday News on WRAL – Saturday, July 26, 2025

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www.youtube.com – WRAL – 2025-07-26 18:40:46


SUMMARY: Saturday’s forecast from WRAL’s Brian Schrader warns of extreme heat, with highs reaching upper 80s to lower 100s and feels-like temperatures up to 112 degrees through Sunday evening. A slight chance of isolated afternoon or evening storms exists. A Wake County deputy was injured Friday afternoon in a crash involving multiple vehicles near Apex while responding with lights and sirens; injuries were minor. In Rocky Mount, a deadly Thursday shooting involved officer Calvin Conjurs, who shot Haime Deafuente, the father of a police officer. Conjurs attempted a carjacking and then shot himself; he remains in critical condition facing murder charges.

Saturday News on WRAL – Saturday, July 26, 2025

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