Wholesale prices jump 0.5% in December, beating forecasts
U.S. wholesale prices rose 0.5% in December, topping economists’ expectations and signaling ongoing inflation pressures at the producer level.
Tag
December
All articles tagged with #december
December Deficit Hits a Record $145B as Spending Outpaces Revenue
The United States posted a record December budget deficit of $145 billion as government outlays exceeded receipts, underscoring ongoing fiscal pressures.
December Jobs Report Highlights Slowest Year for U.S. Hiring Since 2020
The U.S. experienced its worst job growth since 2020 in 2025, with only 584,000 jobs added and a slowdown in hiring across sectors, reflecting a cautious labor market amid economic uncertainties and policy impacts, despite some positive signs like wage increases and lower unemployment benefits claims.
Seattle Ends 2025 with Warm, Dry Weather and a Sunny Streak
Washington state is on track to record its warmest December ever, surpassing the previous record set in 2023, despite a La Niña winter forecast. The region experienced above-average rainfall due to atmospheric rivers, which helped alleviate drought conditions in some areas like the Yakima Basin, although overall the state remains drought-stricken and on track for its fifth driest year.
Upcoming Meteor Showers in December 2025: When and Where to Watch
The Ursid meteor shower peaks overnight on December 21-22, 2025, coinciding with the winter solstice, offering a great opportunity for stargazing under dark skies, especially before dawn on December 22 when the radiant point is highest in the northern sky. The shower, caused by debris from Comet 8P/Tuttle, usually produces 5-10 meteors per hour but can have outbursts exceeding 25, with historical peaks of 100 meteors per hour.
KOD Urges December Visitors to Stay Calm Amid Crime and HIV Concerns
Kofi Okyere Darko (KOD) encourages tourists to visit Ghana during December, despite reports of robbery and rising HIV/AIDS cases, emphasizing that these issues should be addressed through education and that crime is not unique to Ghana.
Upcoming Ursid Meteor Shower: When and How to Watch
The December Ursid meteor shower, peaking around December 21-22, is often overlooked compared to the Geminids but can produce up to 10 meteors per hour under dark skies, radiating from the constellation Ursa Minor near Kochab, with potential for unexpected activity due to past outbursts and the proximity of comet 8P/Tuttle.
December's Supermoon Peaks This Week: What You Need to Know
December's full supermoon, also called the cold moon, is the last supermoon of the year, occurring around 6:14 p.m. ET Thursday, and is notable for its proximity to the winter solstice and historic Apollo missions, with upcoming lunar exploration planned for Artemis II.
Bitcoin's December Outlook: Breakout or Breakdown?
Historically, December has been a mixed month for Bitcoin, with average gains around 4.8% but a median decline of 3.2%, and recent patterns suggest that if November and October are negative, December likely will be too. Despite this, long-term investors are advised to view seasonal dips as opportunities to accumulate Bitcoin, given its finite supply and growing institutional adoption, rather than relying on seasonal rallies. Caution is recommended if macroeconomic conditions worsen, but a disciplined, dollar-cost averaging approach can help manage risks and capitalize on future gains.
Social Security December Payment Schedule and Expectations
Social Security and SSI beneficiaries will receive their December payments on specific dates based on their birth dates, with SSI recipients getting two payments this month on Dec. 1 and Dec. 31. The SSA provides a schedule and advises contacting your bank if payments are delayed.
Federal Reserve's Rate Cuts: What They Mean for Your Finances and the Economy
Fed Chair Jerome Powell indicated that a rate cut in December is uncertain due to divided opinions among Fed officials and unclear economic data, leading markets to reduce expectations of a cut. The Fed recently cut rates by a quarter point, but future moves depend on upcoming economic data, with some officials advocating for caution amid mixed signals from the economy.
"US Home Prices Reach Record High in December 2023"
US home prices reached a new peak in December, with a 0.2% increase from the previous month, marking seven consecutive record highs in 2023. Compared to the previous year, national home prices rose by 5.5%, surpassing the 5% annual gain in November. Half of the 20 metro markets, including Las Vegas, saw prices exceeding previous records, indicating a strong housing market.
"Retail Sales Surge and Trump-Linked Stocks Soar After Iowa Victory"
Retail sales for December exceeded expectations, demonstrating the resilience of American shoppers and indicating a strong economy.
Migrant Surge at Southern Border Disrupts Railroads and Local Economy
December migrant encounters at the US-Mexico border are on track to "shatter" previous records, according to reports. The surge in arrivals has overwhelmed border patrol agents and strained resources, with thousands of migrants attempting to cross into the United States. The situation highlights the ongoing challenges faced by the Biden administration in managing immigration and border security.
Minnesota's Unpredictable December Weather: Rain, Storms, and Temperature Swings
Minnesota is experiencing its warmest December on record, with temperatures running 9.3 degrees warmer than normal in the Twin Cities. The anomalous warmth extends to other parts of the state, with Duluth and International Falls also experiencing significantly higher temperatures. There is a possibility of setting new record highs on Christmas Eve, with temperatures likely to reach the 50s in southern Minnesota. Additionally, rain is expected across Minnesota on Christmas Day, while some snow may fall in the Dakotas and far northern Minnesota.