Consumer prices rose at a faster annual pace in November, with the consumer price index showing a 12-month inflation rate of 2.7%, up 0.1 percentage point from October. Excluding food and energy costs, the core CPI was at 3.3% annually and 0.3% monthly, remaining unchanged from the previous month. This data highlights the ongoing issue of inflation for both households and policymakers.
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NYC crime plunges in January compared to 2024: NYPD report
In January, major crimes in NYC, such as murder, assaults, and robberies, decreased significantly by 16.8% compared to the previous year, with Mayor Adams set to present this positive news to the state Legislature. While most crime categories saw a decline, reported rapes increased by 40%, attributed to a new state law broadening the definition of rape. Mayor Adams praised the NYPD's efforts in reducing crime, highlighting the deployment of additional officers to the subway...
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