Tag: March

Wholesale prices rose 0.2% in March, less than expected

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[ad_1] A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. The producer price index rose 0.2% for the month, less than the 0.3% estimate from the Dow Jones consensus and not as much as the 0.6% increase in February, according to a release Thursday from the Labor Department’s Bureau of Labor Statistics. However, on a 12-month basis, the PPI climbed 2.1%, the biggest gain since April 2023, indicating pipeline pressures…

March Madness Spotlights a Sport Relegated to Pittsburgh’s Shadows: Basketball

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[ad_1] The basketball talent that came out of Pittsburgh did not have similar staying power. As the steel mills closed, the city’s population dwindled and by the mid-1980s, the flow of college prospects slowed to a trickle. There were fewer places for city kids to play, but also fewer places for suburban players to test themselves — as they had done since Cumberland Posey’s days. And then there is the lure of the Steelers. In Ohio, said Dambrot, who was LeBron James’s first high school coach, the best athletes will…