October 28, 2020

Transportation Drives Prices In September

By Robert Hughes

Note: The Everyday Price Index for September is based on incomplete data due to restrictions on data collection by Bureau of Labor Statistics personnel because of the COVID-19 outbreak.

The AIER Everyday Price Index rose 0.2 percent for the month of September, faster than the 0.1 percent rise in the Consumer Price Index (on a not-seasonally-adjusted basis). The Everyday Price index has risen for five consecutive months through September, pushing the twelve-month change to 1.0 percent, the fastest pace since a gain of 2.1 percent for the twelve months through February.

The Everyday Price Index including apparel, a broader measure that includes clothing and shoes, rose 0.3 percent in September after increasing 0.2 in August. The Everyday Price Index including apparel has posted four consecutive gains from June through September 2020. Despite the gains, the index is up just 0.4 percent over the 12 months through

Read More
car

Trump Drives By Well-Wishers, Raising Concerns About Health of Secret Service Agents in His Car

Credit…Alex Edelman/Agence France-Presse — Getty Images

President Trump, on his third day of hospitalization for the coronavirus, briefly visited well-wishers gathered outside Walter Reed National Military Medical Center during a drive-by in a sport utility vehicle with two Secret Service agents on Sunday evening, in apparent disregard of federal safety guidelines.

In a video posted moments earlier on his Twitter account, Mr. Trump, his voice a bit husky but otherwise normal, tried to project the image of a man on the mend, saying he was getting “great reports from the doctors.”

The president, whose mishandling of the pandemic has become a political liability, also said his first-person experience with a deadly infection that had cost the lives of more than 200,000 Americans had changed his perspective

Read More
car

VIDEO: Mercedes’ Avatar-inspired concept drives without steering wheel

  • Mercedes-Benz released driving footage of its futuristic “Vision AVTR” concept car on Saturday. 
  • Mercedes got its inspiration for the car from the film “Avatar” and aimed to develop a “completely new interaction between human, machine and nature.” 
  • The car has no steering wheel and can “crab walk” diagonally.
  • Visit Business Insider’s homepage for more stories.

Back in January, before the pandemic canceled auto shows and forced new-car reveals to go virtual, Mercedes-Benz showed off a bizarre, futuristic concept at the Consumer Electronics Show in Las Vegas. Now, there’s some footage of the car actually driving. 

The concept is called the Vision AVTR, and Mercedes debuted the otherworldly car in partnership with the “Avatar” films. The idea behind the vehicle, Mercedes said, was to create a “completely new interaction between human, machine and nature.” 

Instead of a steering wheel, the concept sports a “multifunctional control element” on the center tunnel that

Read More