Inflation Hits Highest Point in 40 Years

Inflation Hits Highest Point in 40 Years

The inflation rate topped 9.1% in June, the highest percentage since 1981, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index was up 1.3% in June on top of the 1.0% increase in May. The energy index was up 7.5%, contributing to nearly half of...