Lost In Inflation
Consumer prices are up 9.1% over this time last year, according to new inflation data from the Bureau of Labor Statistics. That’s the highest inflation rate in 40 years. President Biden landed in the Middle East on Wednesday and will be there until the end of the week. His administration is focused on building support among Israeli leadership for the Iran Nuclear Deal. And in headlines: School surveillance video of the Uvalde school shooting was released, Sri Lanka’s freshly ousted president fled his own country, and Microsoft joined forces with Netflix as business partners.