Starbase, TX…In a live event today, T-Mobile (NASDAQ: TMUS) CEO and President Mike Sievert and SpaceX Chief Engineer Elon Musk announced Coverage Above and Beyond: a breakthrough new plan to bring cell phone connectivity everywhere. Leveraging Starlink, SpaceX’s constellation of satellites in low Earth orbit, and T-Mobile’s industry-leading wireless network, the Un-carrier plans to provide near complete […]
Sacramento, CA…California’s Water Supply Strategy outlines actions needed now to invest in new sources, transform water management. Without action, state officials believe extreme weather could diminish California’s water supply by up to 10% by 2040. Hotter and drier weather conditions spurred by climate change could reduce California’s water supply by up to 10% by the […]
Washington, DC…Well, I tell you what: Detroit is making some really hot vehicles. (Laughter.) They even got a Hummer that can go 4.1, 0 to 60. That’s faster than my Corvette, and my Corvette is older than I am, almost. But what I realize is that my Corvette is now a hell — worth a […]
Tahoe City, CA…The Placer County Board of Supervisors approved this program July 26. It will launch as indicated below Aug. 1, 2022. North Lake Tahoe homeowners could soon earn up to $24,000 by offering their property as a long-term rental to local workers. The county Board of Supervisors advanced a proposed $95,000 agreement with Truckee-based […]
Washington, DC…Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 1.6 percent. The GDP estimate released today is based on source data that are […]
Washington, DC…Recent indicators of spending and production have softened. Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Russia’s war against Ukraine is causing tremendous human and […]
Washington, DC…The Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in May and 0.4 percent in April. (See table A.) On an unadjusted basis, final demand prices moved up 11.3 percent for the 12 months […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the […]
Markleeville, CA…On July 5, the Alpine County Board of Supervisors approved a partnership agreement with Golden State Connect Authority (GSCA) to install reliable, affordable high-speed internet infrastructure in Alpine County. This is one of several initial project locations that GSCA is exploring across its 39 rural member counties for the deployment of an open-access, municipal […]
Anderson, CA – Due to the extreme drought conditions and increasing risk of wildfire, Sierra Pacific Industries (SPI) will be closing its California forestlands to public access. This closure begins Fri., July 1, and will remain in effect until further notice. “Despite some of the late spring rains, California is experiencing the driest conditions it […]
