U.S. consumer prices have soared above economists’ predictions and by the most in more than a decade, as fiscal stimulus and booming demand pushed against supply constraints, potentially fueling market fears of a prolonged bout of higher inflation. The year-over-year consumer price index (CPI) jumped by 4.2 percent for the 12 months ending in April, compared…
Consumer Prices Surge 4.2 Percent Annually to a 13-Year High in April
U.S. consumer prices have soared above economists’ predictions and by the most in more than a decade, as fiscal stimulus and booming demand pushed against supply constraints, potentially fueling market fears of a prolonged bout of higher inflation. The year-over-year consumer price index (CPI) jumped by 4.2 percent for the 12 months ending in April, compared…
Annual Inflation Surges to 4.2 Percent, Highest in 13 Years
U.S. consumer prices have soared above economists’ predictions and by the most in more than a decade, as fiscal stimulus and booming demand pushed against supply constraints, potentially fueling market fears of a prolonged bout of higher inflation. The consumer price index (CPI) jumped by 4.2 percent for the 12 months ending in April, compared to…
India Tops 200,000 CCP Virus Deaths as Surge Strains Health System
India’s CCP virus surge has, as of Wednesday, claimed over 200,000 lives, a grim milestone in a pandemic-ravaged country whose health system is strained to the breaking point. The health ministry reported a single-day record of 3,293 COVID-19 deaths in the last 24 hours, bringing India’s total fatalities to 201,187, as the world’s second-most populous…
France Hit by 3rd Virus Surge; Culture Minister in Hospital
PARIS—France’s high-profile culture minister has been hospitalized for COVID-19, the latest senior official to become ill as the nation faces a third surge of coronavirus infections, this one propelled by a highly contagious variant first found in Britain. Roselyne Bachelot, 74, announced last weekend that she tested positive and her hospitalization was made public Wednesday,…
Health Officials Brace for Next COVID-19 Surge
As emergency rooms throughout Orange County, California, struggle with a surge in COVID-19 hospitalizations, some medical professionals worry that the worst is yet to come. “There is typically a two-week lag between ‘spreader’ events and hospitalizations, so we are still seeing the impact from the Thanksgiving holiday,” Adam Blackstone, spokesperson for the Hospital Association of…
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