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Consumer prices post biggest rise since March

WASHINGTON (Reuters) – Consumer prices rose faster than expected in July as gasoline rebounded sharply, but a moderation in underlying price pressures backed the Federal Reserve’s view of a low inflation environment. The Labor Department said its Consumer Price Index increased 0.5 percent, the largest gain since March, after falling…

Twitter, a five-year-old changing the world

SAN FRANCISCO – At five years old, Twitter is just starting to change the world. Jack Dorsey fired off the first tweets on March 21, 2006, an automated “just setting up my twttr” message which he followed with the first “human” tweet — “inviting coworkers.” It was Dorsey who proposed…

Japan

In light of the earthquake in Japan, I don’t think any kind of Friday fun blogging is appropriate. Thoughts are with the people of this small but dense island country, and all others that are in the way of the tsuamis that are spreading out from this 8.9 earthquake.…

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