
Key inflation measure slows slightly, but remains uncomfortably high
CNN
A key inflation reading showed a glimmer of hope on Tuesday, revealing a slight slowdown in rising prices -- though they remain uncomfortably high.
The Producer Price Index, which measures wholesale prices before goods and services reach consumers, rose 10.8% in May compared to where it stood a year ago, according to data released Tuesday by the Bureau of Labor Statistics.
While that's down from the revised 10.9% rise reported in April's reading, it is still high by historical standards. The PPI had not recorded a double-digit increase in data going back to 2009 until this past December.

Janet Mills and her allies are counting on a gender gap to narrow Platner’s wide lead ahead of the June 9 primary to decide who will face incumbent Republican Sen. Susan Collins. They are betting that the unfiltered style that has brought Platner widespread attention as someone who could help Democrats reach young men will backfire with women.

As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.











