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News Wrap: Inflation mostly steady in December as prices rose 2.7% over previous year

News Wrap: Inflation mostly steady in December as prices rose 2.7% over previous year

Summary

Inflation in December remained mostly stable with prices rising 2.7% compared to the previous year. Bill and Hillary Clinton declined to testify in a congressional investigation related to Jeffrey Epstein. In Gaza, strong winds caused walls to fall and makeshift shelters to be destroyed, resulting in four deaths.

Key Facts

  • Inflation rose by 2.7% in December compared to the same time last year.
  • Bill and Hillary Clinton are not testifying in a congressional investigation about Jeffrey Epstein.
  • Gaza experienced strong winds that caused damage and led to fatalities.
  • At least four people died in Gaza due to the wind-related incidents.
  • The damaged shelters in Gaza were makeshift, likely providing less protection against severe weather.

Source Information