U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.
Brian Stelter, the former CNN anchor who was sacked for promulgating Russia collusion nonsense for six years, among a cavalcade of other crimes against journalism, has been hired by Harvard where he will ‘convene’ a series of discussions about ‘threats to Democracy,’ according to the University.
More than a thousand New York Times employees are refusing a company order to return to the office at least three days a week, citing inflationary pressures.
The Consumer Price Index (CPI), a key measure of inflation, increased by 8.3 percent in August compared to the same time last year and increased 0.1 percent from the previous month, the Bureau of Labor Statistics revealed on Tuesday.