Thursday, Jan. 13, 2022

Good Thursday morning. Here’s what is happening: Fox Business: Inflation surged 7 percent in December, the highest rate in 40 years. The consumer price index rose 7% in December from a year ago, according to a new Labor Department report released Wednesday, marking the fastest increase since June 1982, when inflation hit 7.1%. The CPI – which measures a bevy of goods ranging from gasoline and health care to groceries and rents – jumped 0.5% in the one-month period from November.

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