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Consumer Prices Hold Steady in July

August 14, 2009 Leave a comment

In a sign that inflation is not roaring back as the economy stabilizes, consumer prices were flat in July from a month earlier, the government reported on Friday.

The Labor Department said its consumer price index was unchanged from June on a seasonally adjusted basis, and that prices this summer were 2.1 percent lower than last July, when soaring oil costs drove gasoline prices to $4 a gallon and lifted the cost of food and other products.

The drop in the last year has been the largest in almost 60 years, coming as the global economic crisis reduced demand for a host of goods and services.

Economists had been expecting no change in the cost of living in July. Excluding volatile food and energy prices, the so-called core rate of inflation rose 0.1 percent, also in line with expectations.

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Categories: Economy, Informational, News Tags:

Airlines Will Be First U.S. Industry to Confront Cap and Trade

August 13, 2009 Leave a comment

Ever wonder when airlines would get eco-friendlier? NOW. click here for full story [via ENN]

Categories: Informational

Got a 120Hz HDTV or Projector?

August 13, 2009 Leave a comment

Great snippet from Crunchgear on why 120Hz displays look “weird”: I’ve been testing an HD projector here at the house and, in its initial, out-of-the-box setting we found that the picture was ridiculously “sharp.” The picture, I suppose, looked like an old Dr. Who episode where the action on screen is smoother than the background, creating a jarring disparity when watching movies with lots of movement. It’s sometimes called the “Soap Opera Effect.” We decided to do a little digging to figure out why..

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Categories: Help, Informational, Tech Tags: