Headlines | 13 July 2022
– New CPI inflation report shows that inflation was at 9.1% in June, highest rate for 41 years
– Dollar reaches parity with the euro for the first time since December 2002
– New increases for US postage costs have gone into effect
– Elon Musk could face lawsuit for decision to cancel $44 billion deal to purchase Twitter
– Bitcoin makes slight gain to $19,880, but has recorded a 53% slumpin the past six months
– BLS report found 372,000 new jobs were added in June; but unemployment stayed at 3.6%
– Biden administration announces new programs to help student loan borrowers
– National average gas prices falls again to $4.631 per gallon
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