Clinton Herald

NELSON: Inflation, supply chains and energy, Part I

Recently I have seen a lot of stories from major news outlets talking about supply issues across a broad spectrum of industries, energy shortages in various parts of the world, and surging inflation. These topics are all interconnected, and I want to try to provide some insight here. Unfortunately, this...
Picture for NELSON: Inflation, supply chains and energy, Part I
Montana Standard

Standard view: EPA, DEQ offer years-late apologies and hot-dog reassurances on Naranche plume

When EPA has a problem with public perception of potential health hazard in Butte, Montana, EPA Region 8 toxicologist Charlie Partridge rides to the rescue. We wish EPA and Montana's Department of Environmental Quality cared a little less about calming the public's fears with folksy science and a little more about keeping the public informed in real time.
Picture for Standard view: EPA, DEQ offer years-late apologies and hot-dog reassurances on Naranche plume

Joint Superfund Project at Griggs-Walnut Holds 9-Year Anniversary Open House

Many residents routinely visit the Harty Athletic Complex, the BMX bike track, or the skate park off Hadley Avenue. Maybe a few have wondered what is beyond the recreational areas, the building on the hill with two tanks. For those curious, those tanks are attached to the co-owned City of Las Cruces and Dona Ana County Griggs-Walnut Groundwater Plume Superfund remediation project, which is operated and managed by Las Cruces Utilities. The project just completed its 9th Anniversary, where visitors could come out to an open house to see how LCU cleans contaminated groundwater daily.
Bakersfield Californian

State begins effort to clean up toxic 'Delano Plume'

DELANO — More than a decade after elevated levels of a cancer-causing chemical were found in downtown Delano, residents now believe a solution has been reached. On Wednesday, the California Department of Toxic Substances Control showed off new construction that is meant to filter the toxic chemical Tetrachloroethylene, or PCE, from beneath buildings near Main Street in Delano.

Chemical plume discovered beneath Butte high school

BUTTE, Mont. - Montana Department of Environmental Quality and Environmental Protection Agency officials say that a potentially harmful groundwater chemical plume could be lying beneath the Butte school district high school on Main Street. The EPA released its preliminary assessment on the plume to Butte officials last week, but there...

Unemployment isn't a good 'fix' for inflation

Is it time to panic about inflation? The personal consumption expenditures (PCE) deflator showed a 3.9 percent annual increase in the last quarter, while the consumer price index (CPI) registered 4.3 percent. Both of those figures are at their highest point since 2008, though still far short of the inflationary highs of the early 1980s.

Nouriel Roubini predicts Fed will ‘wimp out’ on raising rates

Economist Nouriel Roubini predicted the downfall of the US housing market in 2008. Now he’s predicting the Federal Reserve will “wimp out” when it comes to raising rates. He said the Fed won’t have the guts to put the brakes on the economy even as inflation threatens to spiral out...

Goblins and candy bars: Retailers could be in for a treat in 2021

‘Tis the season for candy, costumes, and scary movies. As Halloween approaches, expect retailers and analysts to closely monitor consumer spending and other trends. Halloween is the second biggest spending holiday in the United States, trumping Thanksgiving, Easter, the Fourth of July, and all the rest. And Halloween spending has...

Investor angst concerning inflationary pressures

Tomorrow the U.S. Bureau of Labor Statistics will release the most current inflationary data. Two primary metrics are used to reveal inflationary pressures. First is the CPI, or Consumer Price Index. According to Investopedia, "The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living."