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US CPI Inflation Cools to 8 3% in August, Missing Estimates

The Consumer Price Index climbed 8.3% in the year through August, the government said, slowing from the prior reading but landing above forecasts.

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Europe Could Introduce Electricity Rationing Amid Russian Oil Standoff

The European Commission is proposing a cut to how much power households can use during peak hours, Bloomberg reports. It's one step toward rationing.

European unionEuropean commissionEnergy marketsEnergy pricesRussian energy exportsPower outagesEn winck

Rent Prices Fell Across the US in August for First Time in 20 Months

Rent prices fell 0.1% in August, Apartments.com said. The drop is the first in 20 months, and only eight of the 40 tracked cities notched an increase last month.

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Used Car Prices Are Finally Falling Back to Earth After Pandemic Surge

Used-car prices sank 4% in August alone, and "an absolute vortex of deflation is coming" as pandemic-era inflation cools off, one expert said.

United statesNick huberWagoneer suvsOphir gottliebTerms of serviceManheim used vehicle valueCapital market laboratoriesUsed carsAr pricesUsed car pricesNflation outlookEn winckAdison hoff

Global Energy Crisis: Power Outages From London to LA Are the New Norm

In California, a record heat wave threatens rolling blackouts. Britons' energy costs have nearly doubled. There aren't many quick solutions.

United statesUnited kingdomSan diegoColumbia law schoolTerms of serviceNational weather serviceSabin centerSanta anaClimate change lawNational weatherFirst streetEnergy costsPower outagesElectricity costsRenewable energyEn winck

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