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Ohio families receiving food stamps could get an unwelcome surprise come January: $50 less every month in assistance. For the 869,000 households enrolled in the program for the poorest Ohioans, that could amount to about $520 million annually out of the grocery budgets. Because of the way the federal government calculates utility expenses for people receiving the benefit, a mild winter nationwide last year, and a lower price for natural gas, many [...] Going to be some hungry times for many people. If Ohio is doing it, expect others to follow. Ohioans’ food stamp aid to be reduced Ohio families receiving food stamps could get an unwelcome surprise come January: $50 less every month in assistance. Because of the way the federal government calculates utility expenses for people receiving the benefit, a mild winter nationwide last year, and a lower price for natural gas, many families [...] The number of Black Widow spiders is rapidly increasing in New York as a result of a mild winter and scorching summer. Although not common in the Tri-State area, there have been reports of a boom in spider activity which experts believe is down to the weather. Spider exterminator Bernie Holst said he is seeing more of the Black Widow spider and that homeowners should be on the lookout. Small but dangerous: The [...] The IMF just took a bucket of bath-salts to world economies as it slashes growth expectations for every major global economy (and emerging nations suffer too). Noting that Q1′s upward surprise was “partly due to temporary factors”, they reduce 2012′s overall global growth to 3.5% adding that developments during the second quarter have been worse. Job creation has been hampered – with unemployment high in many advanced economies, especially among the [...] The U.S. economy created just 80,000 jobs in June and the unemployment rate held steady at 8.2 percent, reflecting continued slow growth in the economy with the presidential election just four months away. The Bureau of Labor Statistics said private payrolls increased 84,000, while the government lost 4,000 jobs. Economists expected job growth of about 100,000 and the unemployment rate to be unchanged, though many had increased their forecasts based on [...] From PeakProsperity.com: Oil, natural gas, and alternatives dominate the headlines when it comes to energy. But there’s a big and largely overlooked revolution occurring with the energy source likely to become the most preferred fuel for a world in economic decline: coal. Mosquitoes, ants, water bugs, ticks and bees. They are coming out all over the U.S. with a vengeance this summer according to bug experts. The city of New Orleans has reported an elevated number of mosquitoes this year, and so have many cities in northeast Illinois, as well as St. Paul, Minn., where pest control workers have reported a 50 percent increase in call volume. In the Northeast, a mild winter and [...] More Americans than forecast filed applications for unemployment benefits last week, a sign that the labor market is taking time to improve. Jobless claims fell by 1,000 to 388,000 in the week ended April 21 from a revised 389,000 the prior period that was the highest since early January, Labor Department figures showed today inWashington. The median forecast of 48 economists surveyed by Bloomberg News called for a drop to 375,000. http://www.bloomberg.com/news/2012-04-26/more-americans-than-projected-filed-jobless-claims-last-week.html
The reading was the latest [...] CNN) – A large snowstorm came barreling through the Northeast on Monday, threatening to drop 16 inches in some areas and frustrate commuters. By Monday morning, Newfield, New York, was reporting 10 inches of snow, while Ridgebury, Pennsylvania, had 8 inches. More accumulation was expected, especially in higher elevations. The blustery blast follows a mild winter that saw little snow and the warmest March on record. “The last time we had a big snowstorm [...] From Newsmax: The price of natural gas has dropped below $2 for the first time in more than a decade. A mild winter and production boom has left the U.S. with more natural gas than Americans can consume. Storage facilities are quickly filling up. The glut has pushed down the futures price of gas 59% since it peaked at $4.85 last summer. On Wednesday afternoon, the futures price passed a milestone. Gas fell [...] From Carpe Diem: 1. Natural gas futures prices fell to another 10-year low today, to $2.208 per million BTUs on the New York Mercantile Exchange. In nominal dollars, that’s the lowest price for natural gas since February 2002… And adjusting for inflation, it’s the lowest price since July 1995, almost 17 years ago. 2. Michigan-based Consumers Energy announced today that it will lower natural gas prices starting next month for 1.7 million [...] By Irwin Kellner, MarketWatch PORT WASHINGTON, N.Y. — Monetary and fiscal policies are not as stimulative as they appear. Indeed, by some measures, they are actually slowing the pace of economic growth, rather than boosting it. Once again, the fledgling recovery appears to be hitting headwinds. Even though the pace of economic growth in the fourth quarter was just revised upward to a robust 3%, expectations for the current quarter [...] The warmth last month wasn’t a mirage: January 2012 was the USA’s 4th-warmest January on record, federal climate scientists announced on Tuesday. The national average temperature in January was 36.3 degrees F, which is 5.5 degrees F above the long-term average and the warmest since 2006, according to the National Oceanic and Atmospheric Administration’s National Climatic Data Center. The other warmer Januarys were in 1990 and 1953. The data is based on [...] |
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