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Key inflation measure rises at fastest pace since 1992 – CNN

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https://www.cnn.com/2021/06/10/economy/may-consumer-price-inflation/index.html

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CNN’s u003ca href=”https://www.cnn.com/profiles/christine-romans” target=”_blank”>Christine Romansu003c/a> breaks down the jobs report.”},{“title”:”Jobless claims fall to 385,000 – lowest of the pandemic”,”duration”:”00:51″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/06/03/jobless-claims-unemployment-insurance-june-3.cnnbusiness/index.xml”,”videoId”:”business/2021/06/03/jobless-claims-unemployment-insurance-june-3.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210508095937-file-unemployment-benefits-application-virginia-2020-large-169.jpg”,”videoUrl”:”/videos/business/2021/06/03/jobless-claims-unemployment-insurance-june-3.cnnbusiness/video/playlists/business-economy/”,”description”:”Claims for first-time unemployment benefits slipped below 400k, according to the Labor Department, setting a new pandemic-era low. 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CNN’s Christine Romans Reports.”},{“title”:”Economist: Here’s what’s keeping workers on the sidelines”,”duration”:”01:45″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/06/02/markets-now-diane-swonk-jobs-report.cnn-business/index.xml”,”videoId”:”business/2021/06/02/markets-now-diane-swonk-jobs-report.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210602134957-markets-now-diane-swonk-large-169.jpg”,”videoUrl”:”/videos/business/2021/06/02/markets-now-diane-swonk-jobs-report.cnn-business/video/playlists/business-economy/”,”description”:”Diane Swonk, Chief Economist at Grant Thornton, cites that the pandemic has created several hurdles for job growth.”,”descriptionText”:”Diane Swonk, Chief Economist at Grant Thornton, cites that the pandemic has created several hurdles for job growth.”},{“title”:”US trucker shortage means everything is more expensive “,”duration”:”02:59″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/06/02/truck-driver-labor-shortage-prices.cnnbusiness/index.xml”,”videoId”:”business/2021/06/02/truck-driver-labor-shortage-prices.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210602110851-roadway-moving-truck-large-169.jpg”,”videoUrl”:”/videos/business/2021/06/02/truck-driver-labor-shortage-prices.cnnbusiness/video/playlists/business-economy/”,”description”:”The trucking industry has been short drivers for years, but the pandemic made it worse. The shortage means the price of groceries and moving costs are going up. CNN’s Vanessa Yurkevich reports.”,”descriptionText”:”The trucking industry has been short drivers for years, but the pandemic made it worse. The shortage means the price of groceries and moving costs are going up. CNN’s Vanessa Yurkevich reports.”},{“title”:”‘I’m not lazy’: Single mom relies on unemployment benefits to care for daughter”,”duration”:”03:03″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/29/montana-workers-unemployment-benefits-lah-pkg-vpx-ebof.cnn/index.xml”,”videoId”:”business/2021/05/29/montana-workers-unemployment-benefits-lah-pkg-vpx-ebof.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210528203410-mom-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/29/montana-workers-unemployment-benefits-lah-pkg-vpx-ebof.cnn/video/playlists/business-economy/”,”description”:”Montana will end federal pandemic unemployment benefits for its residents. The Republican governor says the enhanced jobless programs are dissuading people from returning to the workforce and are creating labor shortages.”,”descriptionText”:”Montana will end federal pandemic unemployment benefits for its residents. The Republican governor says the enhanced jobless programs are dissuading people from returning to the workforce and are creating labor shortages.”},{“title”:”OpenTable CEO: Dining is coming back but restaurants still face challenges”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/28/opentable-ceo-debby-soo-restaurants-pandemic-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/05/28/opentable-ceo-debby-soo-restaurants-pandemic-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210520141136-nyc-outdoor-dining-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/28/opentable-ceo-debby-soo-restaurants-pandemic-qmb.cnnbusiness/video/playlists/business-economy/”,”description”:”OpenTable’s CEO Debby Soo discusses what challenges many restaurants are facing as Covid-19 restrictions are lifted. “,”descriptionText”:”OpenTable’s CEO Debby Soo discusses what challenges many restaurants are facing as Covid-19 restrictions are lifted. “},{“title”:”US home prices are at a record high”,”duration”:”02:59″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/28/housing-market-high-demand.cnnbusiness/index.xml”,”videoId”:”business/2021/05/28/housing-market-high-demand.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210528081225-house-for-sale-large-169.jpeg”,”videoUrl”:”/videos/business/2021/05/28/housing-market-high-demand.cnnbusiness/video/playlists/business-economy/”,”description”:”The pandemic and low interest rates have fueled demand in the housing market. Low inventory is putting US home prices at a record high. CNN’s Vanessa Yurkevich reports.”,”descriptionText”:”The pandemic and low interest rates have fueled demand in the housing market. Low inventory is putting US home prices at a record high. CNN’s Vanessa Yurkevich reports.”},{“title”:”Inflation is back as the US economy reopens”,”duration”:”03:55″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/26/inflation-stocks-economy-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/05/26/inflation-stocks-economy-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210527081306-inflation-steel-elevators-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/26/inflation-stocks-economy-qmb.cnnbusiness/video/playlists/business-economy/”,”description”:”As consumers are going back to work and shopping, businesses are caught in the middle of a post-Covid supply and demand crunch. CNN’s u003ca href=”http://www.cnn.com/profiles/clare-sebastian-profile” target=”_blank”>Clare Sebastianu003c/a> reports. “,”descriptionText”:”As consumers are going back to work and shopping, businesses are caught in the middle of a post-Covid supply and demand crunch. CNN’s u003ca href=”http://www.cnn.com/profiles/clare-sebastian-profile” target=”_blank”>Clare Sebastianu003c/a> reports. “},{“title”:”Housing, wages and travel are leading the economic recovery”,”duration”:”01:52″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/21/economy-housing-wages-travel.cnnbusiness/index.xml”,”videoId”:”business/2021/05/21/economy-housing-wages-travel.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210212152214-us-house-for-sale-1119-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/21/economy-housing-wages-travel.cnnbusiness/video/playlists/business-economy/”,”description”:”The economy is booming, thanks in part to a red hot housing market, rising wages and a rebound in travel. But inflation and labor shortages are a concern. CNN’s Christine Romans breaks down the good and the bad. “,”descriptionText”:”The economy is booming, thanks in part to a red hot housing market, rising wages and a rebound in travel. But inflation and labor shortages are a concern. CNN’s Christine Romans breaks down the good and the bad. “},{“title”:”Bank of America CEO on raising minimum wage: It’s an investment in our teammates”,”duration”:”04:42″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/18/bank-of-america-minimum-wage-ceo-brian-moynihan.cnnbusiness/index.xml”,”videoId”:”business/2021/05/18/bank-of-america-minimum-wage-ceo-brian-moynihan.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210518105500-brian-moynihan-bank-of-america-ceo-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/18/bank-of-america-minimum-wage-ceo-brian-moynihan.cnnbusiness/video/playlists/business-economy/”,”description”:”Bank of America CEO Brian Moynihan discusses the bank’s plan to raise the hourly minimum wage of its US employees to $25 an hour by 2025.”,”descriptionText”:”Bank of America CEO Brian Moynihan discusses the bank’s plan to raise the hourly minimum wage of its US employees to $25 an hour by 2025.”},{“title”:”Prices are rising as the economy recovers”,”duration”:”01:07″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/12/consumer-price-index-inflation.cnnbusiness/index.xml”,”videoId”:”business/2021/05/12/consumer-price-index-inflation.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210420092230-us-used-cars-dealership-0315-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/12/consumer-price-index-inflation.cnnbusiness/video/playlists/business-economy/”,”description”:”CNN’s Christine Romans breaks down why your dollar is not going as far as it did a few months ago.”,”descriptionText”:”CNN’s Christine Romans breaks down why your dollar is not going as far as it did a few months ago.”}],’js-video_headline-featured-1jzpo5o’,”,”js-video_source-featured-1jzpo5o”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length

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