April 29, 2022 The Morning Sixpack

Core US inflation is mild, Moderna seeks vaccine approval for children, South Africa COVID surge, and Oklahoma passes anti-abortion bill.

Let's face it, inflation sucks. Nobody likes paying MORE today for the same thing they bought yesterday for less.

I'm with you. Groceries are up, gas is higher, can't even buy a used car for less than last year.

But there's good news. MOST of the price increases across all segments is directly related to higher oil prices. Once oil prices go down, gas prices will follow, and so will nearly all other prices.

Put another way, "core inflation" isn't as bad as Fox News would have you believe.

Read all about that here.

In other news...

Top of the News

1. U.S. Inflation Rate Surges to 6.6% Based on PCE Index
2. Moderna Seeks to Be First with COVID Shots for Littlest Kids
3. South Africa's Latest COVID Surge Blamed on Omicron Mutant
4. Oklahoma Lawmakers Pass 6-Week Abortion Ban Modeled after Texas Law that Allows Civil Enforcement
5. U.S. Congress Revives World War Two-Era “Lend-Lease” Program for Ukraine
6. Malcolm Nance, TV Pundit Turned Fighter in Ukraine: ‘I believe in the defense of democracy’
7. Bottom of the News

Have a great weekend!

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Make it a great day!

Bill

🍺 PS - Buy me a beer to keep the Daily Grind News open for business!