Originally published on Fri July 12, 2013 11:55 am
The morning's major economic news:
-- Inflation. Wholesale prices rose 0.8 percent in June from May, fueled by a 2.9 percent surge in the price of energy products, the Bureau of Labor Statistics says. As drivers can confirm, a 7.2 percent jump in the cost of gasoline was responsible for most of that boost.
In a video statement to the people of his city, San Diego Mayor Bob Filner conceded Thursday that he has "failed to fully respect the women who work for me and with me, and that at times, I have intimidated them."
Nearly 17 months after the shooting death of 17-year-old Trayvon Martin — a death that would spark protests across the nation — a jury is about to begin considering whether defendant George Zimmerman acted in self defense or should be convicted of murder or manslaughter.