US inflation rebounds and stays at 40-year excessive, key value gauge reveals

The numbers: A key measure of US inflation surged 1% in June, led by higher fuel prices, suggesting that price pressures in the economy remain acute and are unlikely to ease quickly. The rise in the so-called personal consumption expenditures price index has exceeded Wall Street forecasts. Economists had predicted a 0.9% increase. A narrower … Read more

Senate passes bipartisan invoice to spice up semiconductor manufacturing

CNN – The Senate voted on Wednesday to pass a long awaited bill for the purpose of promoting US Semiconductor Manufacturing in an effort to increase America’s competitiveness. It passed with broad bipartisan support, 64 to 33. The measure has now been approved by the House before it can be sent to President Joe Biden … Read more

6 cheap methods to eat wholesome at dwelling

Subscribe to CNN’s Eat, But Better: Mediterranean Style. Our eight-part guide shows you an expert-backed delicious eating lifestyle that will boost your health for a lifetime. CNN – The Monday Dinner Dilemma: You’re adding up all the money you spent on food for the weekend and thinking, “I should really cook tonight.” But that will … Read more

Wordle is being changed into a board sport

New York CNN Business – Wordle jumping from PHONE to BOARD. Hasbro is working with the New York Times, owner of the popular online charade, to create “Wordle: The Party Game.” The new board game “offers classic Wordle gameplay, but now in a whole new way,” the companies said in a press release. Hasbro approached … Read more

Client Value Index CPI reveals US inflation rises to new 41-year excessive of 9.1% as fuel costs rise

The numbers: Rising gasoline prices last month pushed the US inflation rate to a near 41-year high of 9.1%, offering early hope of help for Americans suffering from high costs of living. The consumer price index rose 1.3% last month to mark the third time in the past four months it topped 1%. Economists polled … Read more