Global

Weather in Chicago: snow schedule for some parts of our area

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Global

Heavy rain causes flooding of freeways in the Los Angeles area

Officials closed freeways in the Los Angeles area due to flooding on Saturday, Feb. 25, as the storm moved through southwestern California. A video posted by Chezi Yusuf early Saturday morning shows heavy rain coming down the streets of Torrance, a city in the South Bay area of ​​the Los Angeles metropolitan area. The National

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Global

Tobogganers enjoy a snowy day in the San Francisco Bay Area

A severe storm brought rain and snow to California on Friday, Feb. 24, when the National Weather Service (NWS) issued winter weather warnings and travel advisories. Bart Giordano said he filmed the video Friday morning as kids sledded down a snowy hill in Los Gatos, in the San Francisco Bay Area. The NWS warned that

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Noticias de dinero

Euro area monetary policy, February 2023

At its meeting on February 2, the European Central Bank (ECB) raised the main refinancing rate, the marginal credit line and the deposit line rate by 50 basis points to 3.00%, 3.25% and 2.50% respectively. This increase, which was in line with market expectations, sent rates to their highest level since 2008. Moreover, the ECB

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Noticias de dinero

Unemployment in the euro area, December 2022

The seasonally adjusted unemployment rate remained stable at a record low of 6.6% in December. Six countries had stable unemployment in December, including Italy. In eight countries, the unemployment rate fell, including Germany and the Netherlands, while in five countries, the unemployment rate increased, including France and Spain. Significant differences remain in labor market conditions

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Noticias de dinero

Inflation in the euro area, January 2023

Harmonized inflation fell more-than-expected in January, falling to 8.5% from 9.2% in December. Thus, it approached the target rate of the European Central Bank of 2.0%. The January result was driven by slower growth in energy and services prices. At the same time, prices for foodstuffs, alcohol and tobacco, as well as non-energy manufactured goods,

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Noticias de dinero

Inflation in the euro area, December 2022

Harmonized inflation fell to 9.2% in December from 10.1% in November. Thus, it is somewhat closer to the target rate of the European Central Bank of 2.0%. The December result was driven by slower growth in energy and services prices. At the same time, prices for foodstuffs, alcohol and tobacco, non-energy manufactured goods and services

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