The Producer Price Index, or wholesale prices, rose at a seasonally adjusted rate of 1.4 percent in January, mainly due to a rise in energy costs, pharmaceutical costs and light trucks, the U.S. Bureau of Labor Statistics reported today.
The Producer Price Index, or wholesale prices, rose at a seasonally adjusted rate of 1.4 percent in January, mainly due to a rise in energy costs, pharmaceutical costs and light trucks, the U.S. Bureau of Labor Statistics reported today.
BY KELLEN M. HENRY– MEDILL NEWS SERVICE
The U.S. Environmental Protection Agency isn’t sure whether General Motors’ triple digit mileage claims will meet the road for its Chevrolet Volt when it is released next year.
The ailing automaker announced Tuesday following a viral marketing campaign that its forthcoming plug-in car will have an estimated fuel [...]
via The Federal Reserve Board
BY KELLEN HENRY – MEDILL NEWS SERVICE
The economic story in the Midwest is the same the one we’re hearing across most of the country — The economy is weak, but it’s no longer in free-fall.
According to The Beige Book, the report on current economic conditions released [...]
Flickr.com
BY KELLEN HENRY – MEDILL NEWS SERVICE
Was T. Boone Pickens just blowing hot air?
The Texas billionaire and oilman-turned-alternative energy investor announced earlier this week that he is abandoning plans to build the world’s largest wind farm near Pampa, Texas.
It was only a few months ago [...]
This week on Money Talks, your chatty hosts Joseph Freeman and Siddhartha Vaidyanathan speak with our seasoned agriculture reporter, Bridget Macdonald. Climate-change legislation has been proposed by the House Energy and Commerce Committee Chairman Henry Waxman, but Illinois agricultural groups are up in arms, saying the bill has the potential to raise input costs rather [...]
The Dresden Generation Station in Grundy County, Ill. (Hannah Kokjohn/MEDILL)
BY HANNAH KOKJOHN – MEDILL NEWS SERVICE
After the Bush administration voiced support for nuclear energy in 2005, companies fell over one another to submit a total of 26 applications for licenses to build new nuclear reactors, and for good [...]
BRIDGET MACDONALD – MEDILL NEWS SERVICE
Although the ethanol market has been flooded with surplus over the past several months, forcing many producers to idle production or drop out of the business entirely, the industry is showing signs of life in the Corn Belt.
Six of the 11 ethanol plants in Illinois [...]
In this week’s edition of Money Talks, the podcast where we put money on the line, your reliable hosts Joseph Freeman and Siddhartha Vaidyanathan take on the controversial subject of clean coal. Guests this week are two of our Medill News Service reporters, Kiran Sood and Hannah Kokjohn, who together published a [...]
Online gaming through open source software like Shaspa is designed to allow players to monitor their energy use through a virtual world. (shaspa.com)
BY HANNAH KOKJOHN – MEDILL NEWS SERVICE
Starting this week, the traditionally geeky realm of online gaming and virtual simulations are colliding with the trendy world of energy saving.
Jumping on [...]
(Cote/FLICKR)
BY BRIDGET MACDONALD - MEDILL NEWS SERVICE
Third-quarter earnings results released Tuesday by Decatur-based Archer Daniels Midland Co. [[ADM]] indicate that the ethanol industry remains a grey area, even for a large diversified company. Concerns about blending levels, emission standards, capacity and demand continue to be punctuated by question marks.
The company [...]