Watch: When inflation began to rise in 2021, it was confined to certain sectors of the economy. Now rising prices are everywhere.
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.As markets react to inflation and high interest rates, technology stocks are having their worst start to a year on record. WSJ’s Hardika Singh explains why the sector — from tech giants to small startups — is getting hit so hard.
Illustration: Jacob ReynoldsAfter months of delays, the FAA released its long-awaited environmental assessment of SpaceX’s South Texas Starbase launch site. WSJ’s Micah Maidenberg explains what the decision means for SpaceX and the company’s Starship program going forward. Photo Illustration: Alexander Hotz/WSJA significant portion of the world’s wheat supply has been disrupted as Ukraine’s Black Sea ports remain blockaded following Russia’s invasion.
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French lawmakers plan $8.4 billion aid for households to fight inflationFrench lawmakers are drafting a bill to shore-up household buying power by raising some forms of government assistance by 4%, at a cost of 8 billion euros ($8.44 billion) from July to April next year, business daily Les Echos reported on Sunday.
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Post-Roe legal turmoil hits hardest for blue cities in red AmericaCities like Austin and Nashville faced the biggest shock from the decision.
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Is it worth risking recession to get inflation under control?Earlier this week, at a hearing before the U.S. Senate Banking Committee, Federal Reserve Chairman Jerome Powell told Congress it’s “essential” to bring inflation down to a more sustainable rate.
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More than 3,000 AEP customers without power in Franklin County a week after massive outagesThe hardest-hit areas are 2,304 outages on Morse Road in Columbus near Easton Town Center and 1,742 outages on Bethel Road on the Northwest Side.
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San Francisco Fed president: Getting inflation down is ‘number one priority’FOX Business' Edward Lawrence sits down with San Francisco Federal Reserve President Mary Daly to discuss inflation and the U.S. economy under President Biden.
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Consumer sentiment hits record lowU.S. consumer confidence plunged to the lowest point on record in June, as roaring inflation weighs on American budgets and wage gains fail to keep up.
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