Stocks plunge as U.S. inflation remains high

The consumer price index increased 8.3% in the last year as the cost of food, rent and health care continues rising. The news sent stocks plummeting. Meanwhile, President Biden celebrated the new Inflation Reduction Act with an event at the White House. Nancy Cordes has more.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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