Vehicle crashes cost $871 billion in a year

The New York Times: The economic and social harm from motor vehicle crashes amounted to $871 billion in a single year, according to a study released Thursday by the National Highway Traffic Safety Administration. The study examined the economic toll of car and truck crashes in 2010, when 32,999 people were killed, 3.9 million injured and 24 million vehicles damaged.

 

Sriracha plant to stay in California City

Iowa Public Radio: The Sriracha-slurping public no longer has to worry about hoarding bottles of the spicy stuff: There will be hot sauce tomorrow and for the foreseeable future. Sriracha will continue to be made in the state-of-the-art plant David Tran built in Irwindale, Calif. And residents near the plant who complained about spicy odors when chilies for the famous hot sauce were ground (from roughly August to October, during harvest season) should now be able to breathe more easily.

 

U.S. consumer spending takes a breather, inflation rising

Reuters: U.S. consumer spending fell for the first time in a year in April, but there are signs inflation is stirring, with an inflation gauge rising at its quickest pace since November 2012. The U.S. Commerce Department said today that consumer spending slipped 0.1 percent after rising by a revised 1 percent in March, which was the largest gain since August 2009. Last month's decline was the first since April of last year.