Geek's Number Talk: CPI hits 39-year high in November

The Bureau of Labor Statistics reported Friday that consumer price inflation (CPI) rose 6.8% over a 12-month period ending in November and reached its highest level since June 1982. This shouldn’t surprise anyone who’s been out shopping for the holidays, with prices soaring and supply chain shortages creating inventory backlogs. CNN has more.

Geek's Number Talk: No Immunity to Inflation

We’re hearing a lot about vaccination rates these days, but when it comes to inflation, there’s no such thing as herd immunity. Sure enough, as our economy continues to recover from the COVID shutdown, we’re seeing a spike in the Consumer Price Index (CPI), a leading indicator of inflation, and a sign that rising interest rates may be on the horizon.