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Day: January 11, 2024💾
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NPR
Inflation ticked up a little in December on the back of higher costs for housing and car insurance.
The overall cost of living in December was up 3.4% from a year ago, a slightly larger increase than the 3.1% rate in November, according to data from the Labor Department on Thursday.
The cost of motor vehicle insurance rose 1.5% in December from the previous month, marking a 20.3% increase compared to the previous year.
The cost of housing accounted for more than half the monthly increase in consumer prices. Food and energy prices were also up in December. The so-called "core" inflation rate, which excludes food and energy prices, was 3.9% last month.
Cummins to repair 600,000 Ram trucks in $2 billion emissions scandal | AP News
Engine maker Cummins Inc. will recall 600,000 Ram trucks as part of a settlement with federal and California authorities that also requires the company to remedy environmental damage caused by illegal software that let it skirt diesel emissions tests.
New details of the settlement, reached in December, were released Wednesday. Cummins had already agreed to a $1.675 billion civil penalty to settle claims – the largest ever secured under the Clean Air Act – plus $325 million for pollution remedies.
That brings Cummins’ total penalty to more than $2 billion, which officials from the Justice Department, Environmental Protection Agency, California Air Resources Board and the California Attorney General called “landmark” in a call with reporters Wednesday. Advertisement
Over the course of a decade, hundreds of thousands of Ram 2500 and 3500 heavy duty pickup trucks – manufactured by Stellantis – had Cummins diesel engines equipped with software that limited nitrogen oxide pollution during emissions tests but allowed higher pollution during normal operations, the governments alleged.
Hedge Row
McDowell County
On the Road in West Virginia: Our 55 Counties, Mcdowell County Segment.
