
Another key inflation measure hit a record high
CNN
A key inflation measure climbed to a record high in 2021, as pandemic price hikes just aren't going away.
The US producer price index, which tracks what America's producers get paid for their goods and services on average over time, rose 9.7% last year, not adjusted for seasonal swings. It was the biggest calendar-year increase since the data series began in 2010, according to the Bureau of Labor Statistics.
It was a slightly smaller advance than economists had predicted.

Andrew Cuomo and Zohran Mamdani bitterly clashed over age and experience Thursday in the final debate before New York City’s Democratic mayoral primary, as Cuomo warned that electing the progressive state assemblyman is unprepared for the job and Mamdani hammered the former governor over scandals during his time in Albany.

On Wednesday, the Department of Homeland Security posted a striking graphic on its official X account. Uncle Sam, a symbol of American patriotism, is depicted nailing a poster to a wall that reads, “Help your country… and yourself.” Written underneath the poster is the sentence, “REPORT ALL FOREIGN INVADERS,” and the Immigration and Customs Enforcement hot line.