Morning business headlines
Friday, July 12, 2013 11:01 AM
Cars and energy drive wholesale prices up in June
U.S. wholesale prices rose more than projected in June, reflecting higher costs for energy and automobiles, reports Bloomberg. The 0.8 percent gain in the U.S. Labor Department's monthly producer price index was the biggest since September and followed a 0.5 percent rise the prior month.
National survey gives Iowa schools a C in personal finance
Iowa got a C for how well it teaches K-12 students about personal financial literacy on a report card issued by the Center for Financial Literacy at Champlain College. The college's national report on financial literacy among young people found that parents are not teaching these skills at home, nor are the schools teaching them in any consistent, comprehensive way.
Iowa court do-over on 'irresistible' ruling has same result
The Iowa Supreme Court, in a rare reconsideration of its original ruling that a dental hygienist was legally fired because she was too irresistible to her boss, expanded on its reasoning in a new ruling issued this morning. However, the result was the same: Melissa Nelson's firing stands. In the case that originally attracted national headlines and ridicule from TV comedy shows, the court said she was fired because of her boss's specific emotions toward her, rather than on his attitude toward an entire gender. Read more on DesMoinesRegister.com.