Excluding gasoline, the Consumer Price Index increased 2.5 per cent per cent in April.
There is no respite for the ships of Russia’s Black Sea Fleet. The end of last week saw a multi-pronged attack on the port of Novorossiysk, the Tuapse refinery and nearby oil terminal. This was by air and surface drones which defeated Russian defence systems and tactics once again. Videos have since emerged of ships alongside trying to hit the incoming drones with a barrage of upper deck gunfire but only succeeding in making swiss cheese of the houses opposite.
President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.