Online inflation hits a record high ahead of the holidays
CNN
Online shopping used to be the one part of the economy where prices would reliably fall. Covid has changed that.
Online prices rose in November for the 18th month in a row, Adobe said Thursday.
And not only is inflation suddenly a force in the e-commerce world -- it's a growing one. Online prices are up by 3.5% from a year ago, the biggest 12-month increase since Adobe began tracking this metric in 2014.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.