
Inflation Hits New 40-Year High as Gas, Grocery and Rent Prices Soar
Consumer prices spiked in May, dashing hopes after inflation moderated somewhat in April. Instead, the May Bureau of Labor Statistics’

Consumer prices spiked in May, dashing hopes after inflation moderated somewhat in April. Instead, the May Bureau of Labor Statistics’

Despite the Omicron surge, nonfarm payrolls grew by 467,000 in January. Wall Street expected employers to add 150,000 new jobs.

Economists had prepared for the worst leading up to today’s Bureau of Labor Statistics’ report. But the fallout isn’t less
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