Prices Rise at Fastest Pace in 30 Years

Prices were up 6.2% last month which is the largest rise in 30 years. Inflation is making everything more expensive and the era of cheap everything is over. Supply chain issues continue to be the main culprit for most of our post-pandemic woes, but inflation could wipe away wage gains and savings that many Americans are now having to spend. Kevin Dugan, reporter at NY Magazine, joins us for how everything is more expensive.

Next, Thanksgiving is quickly approaching and we are hearing that it will be more expensive than in years past and also that there might be a turkey shortage. The expensive part is true, but there won’t be a mass shortage of turkeys. Rather, it might be difficult to find the turkey you want. Last year, small birds were all the rage because of smaller family gatherings, this year is all about the mid-size birds. Emily Stewart, senior reporter at Vox, joins us for why you should start shopping now.

Finally, electric vehicle company Rivian Automotive just went public and is proving to be a very attractive stock netting about $12 billion on an $80 billion valuation. Rivian has had a slower and more deliberate approach to its rollout which will also be a good test of the meme stock craze that has lifted various companies’ value. Andrew Hawkins, transportation reporter at The Verge, joins us for more.

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