CPI Report Shows Easing of Inflation in October
Positive sign as inflation cooled slightly to 7.7% in October. Experts warn not to get too excited as they would like to see more of trend but hope this could be the peak. Used car prices have dropped, along with airfare and apparel, but rents continue to stay elevated. The Fed has signaled it will continue to raise rates until inflation drops more, but in smaller increments. Rachel Siegel, economics reporter at the Washington Post, joins us for the signs that inflation may be easing.
Next, New York City recently became the biggest job market in the country to require employers to list pay ranges in their job ads. The hope is that it would give job seekers an edge in pay negotiations, but the rollout has had mixed results as companies are posting salary ranges with differences of hundreds of thousands of dollars. Theo Francis, business reporter at the WSJ, joins us for what to know about New York City’s pay transparency law.
Finally, the National Park Service put out an advisory asking people to please stop licking the psychedelic toads. There has not been any indication that people are licking toads to trip out but wanted to send out the warning that it’s potentially dangerous and can cause poisonings. The toads in question are the Sonoran Desert toads also known as the Colorado River toad. Adela Suliman, reporter at the Washington Post, joins us for what to know.
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