The threat of inflation – banished for a decade and more – has begun to appear as prices start to climb across the United States.
According to The New York Times, the Consumer Price Index from the Labor Department for September shows a 5.4 percent increase, a rise from August’s hike of 5.3 percent.
Blamed for the increase in costs are the rising cost of rent, food, housing and fuel, as well as shortages caused by a snarled supply chain.
On Wednesday, President Joe Biden said the backlog of ships off the coast of the Ports of Los Angeles and Long Beach would begin operating “around the clock.” Additionally, he said, delivery drivers for major retailers such as Walmart, Home Depot and Target will expand their delivery hours, as will FedEx.
The problems in the moving of goods have some of its origins in the coronavirus pandemic, but have been extended by labor shortages and weather.
In a reflection of rising costs, the Social Security Administration announced on Wednesday it would increase benefits by 5.9 percent in 2022.
Archer kills five in Norway attack
A man armed with a bow and arrow killed five people and injured two others in the city of Kongsberg, Norway on Wednesday
According to United Press International, police said the attacker has been arrested and was apparently acting alone. The assaults lasted about one-half hour. The identity of the armed man or a possible motive was not immediately revealed.
Kongsberg is a city of about 25,000 people located in the southern part of Norway.
Also in the news …
- William Shatner, 90, famous for portraying the space-faring Capt. Kirk in TV and movies, made it into actual space on Wednesday, rising 66.5 miles above the planet’s surface in a 10-minute journey on board the NS-18 Blue Origin capsule.
Sports: Dodgers rest, Ducks get started
Coming off a must-have 7-2 win over the San Francisco Giants on Tuesday, the Los Angeles Dodgers have Wednesday off to prepare for Thursday’s National League Division Series fifth and final game in Oracle Park. Each team has two wins.
The Anaheim Ducks will begin the 2021-22 NHL season tonight (Wednesday) hosting the Winnipeg Jets at Honda Center.
The Ducks have missed the Stanley Cup playoffs for the last three seasons and posted losing records each of those years.
Weather: Get out your sunscreen
The cool fall temperatures of the past week will give way to summer-like weather for the next few days in the West Orange County area. The forecast calls for a high of 80 (low of 56) Thursday, rising to 91 on Friday and hovering at 89 on Saturday. Autumn will start to return on Sunday with partly cloudy skies and a high of 78. In coastal areas of Huntington Beach, Thursday will see a high of 73, rising to 88 on Friday before falling to 82 on Saturday and 72 on Sunday, when clouds return.
Categories: The Wider World