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USA finance and economy live updates: CPI report, Social Security, bitcoin, inflation, interest rates, Dollar vs Euro…

Headlines | 13 July 2022

– New CPI inflation reportshows that inflation was at 9.1% in June, highest rate for 41 years

– Dollar reaches parity with the euro for the first time since December 2002

– New increases for US postage costs have gone into effect

– Elon Musk could face lawsuit for decision to cancel $44 billion deal to purchase Twitter

– Bitcoin makes slight gain to $19,880, but has recorded a 53% slumpin the past six months

– BLS report found 372,000 new jobs were added in June; but unemployment stayed at 3.6%

– Biden administration announces new programs to help student loan borrowers

– National average gas prices falls again to $4.631 per gallon

Helpful links and Information

– How much can I earn and still get disability benefits?

– July schedule for Social Security benefit payments

– Unemployment benefits:California recovers over $1 billion in fraudulent benefits

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