This measure of German inflation just hit its highest level since 1949
CNN
The price of goods leaving German factories has passed an eye-watering milestone.
German annual producer price inflation topped 30% in March, the country's Federal Statistics Office said on Wednesday. That's its highest level since the agency began collecting data 73 years ago.
The biggest culprit? Energy prices, which rose nearly 84% from the same month last year.
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.
President-elect Donald Trump’s new Department of Government Efficiency, a nongovernmental entity helmed by billionaire Elon Musk and biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, is expected to make a push for an end to remote work across federal agencies as a way to help reduce the federal workforce through attrition.