Salem Radio Network News Sunday, June 13, 2021

business

WASHINGTON (Reuters) – U.S. consumer prices are likely to peak this summer and then begin to dissipate in the autumn, an official with the Biden administration said on Thursday, after news that the consumer price index increased again – by 0.6% – last month. In the 12 months through May, the CPI...
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Stocks notch modest gains and a 3rd winning week for S&P 500

Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street, giving the S&P 500 its third weekly gain in a row. The index added 0.2% Friday, led by technology and banks. Bond yields fell this week despite reports showing the economy is gaining strength...
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Detroit becomes ‘Jeep City’ with first new auto plant in 30 years

DETROIT (Reuters) – Inside the first new auto assembly plant built in the Motor City since 1991, the smell of hot metal hangs in the air as new Jeep Grand Cherokee L SUVs head down the welding line. For Stellantis NV, that is the smell of money. For the City of Detroit, it...
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Michael Ramirez
Sun, Jun 6, 2021

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