WASHINGTON (Foxnews): Mick Mulvaney, former acting White House chief of staff and former OMB director, provides insight into tax and spending plans, bipartisanship and unemployment under the Biden administration.
Consumer prices rose in April at the fastest annual pace in nearly 13 years as the U.S. economy continued to reopen from COVID-19 lockdowns.
The Labor Department said Wednesday that prices jumped 4.2% year over year, making for the biggest increase since September 2008. Prices were up 0.8% from March.
Wall Street analysts surveyed by Refinitiv were expecting prices to increase 3.6% from a year ago and 0.2% versus last month.
