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Jobless Claims Drop; Wholesale Prices Rise

The number of people filing first-time claims dropped by 10,000 last week from the week before, to 332,000, the Employment and Training Administration says.

That means claims continue to run at their lowest pace since January 2008. They've now fallen for three straight weeks.

In other economic news, the Bureau of Labor Statistics reports that wholesale prices jumped 0.7 percent in February. Behind the rise: A 7.2 percent spike in gasoline prices. Excluding food and energy costs, prices were up a more modest 0.2 percent.

Bloomberg News notes that since February, the surge in energy costs has eased. And it adds that "the pickup in wholesale costs is unlikely to be sustained as weak global markets in places such as Europe restrain demand for commodities."

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NPR

Mislabeled As A Memoirist, Author Asks: Whose Work Gets To Be Journalism?

Suki Kim wrote Without You, There Is No Us after working undercover as a teacher in North Korea. She says the response to her book is also a response to her identity as Korean and a woman.
NPR

In Prison, The Passion That Drove A Yogurt-Maker To Arson Still Burns

The yogurt entrepreneur who set fire to his factory remains in prison, but he's in better spirits now. "He's dreaming again," says his wife.
WAMU 88.5

The Politics Hour - July 1, 2016

Kojo and Tom Sherwood chat with D.C. Transportation Director Leif Dormsjo and Virginia Del. Marcus Simon (D-Fairfax).

NPR

After Deadly Crash, Safety Officials Will Examine Tesla's Autopilot Mode

The fatal crash of a Model S that was in autopilot when it collided with a truck in Florida is prompting a preliminary evaluation of the feature by the National Highway Transportation Safety Board.

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