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  • NPR's Jack Speer reports that consumer prices posted a smaller than expected increase in December. The consumer price index rose a modest 0.2% last month, further evidence that inflation remains in check. The good news on prices sent the major stock indexes higher. The Dow was up 160 points in late afternoon trading.
  • Inflation remained in check last month as consumer prices rose at the same pace as in five of the past six months. As NPR's Jack Speer reports, core prices rose just two-tenths of a percent last month, when food and energy prices are NOT taken into account. Even though gas prices escalated sharply in June, many economists see inflation remaining tame and believe the Federal Reserve is successfully engineering a "soft landing" for the booming economy.
  • Comic books and other collectibles have doubled in price since the pandemic started. A new generation has started collecting and high prices in one market is driving demand in others.
  • It feels like those who are vaccinated have reached a breaking point with those who aren’t.
  • Federal Reserve Chairman Alan Greenspan gave his semi-annual report today on the state of the U.S. economy and U.S. monetary policy. Greenspan delivered an upbeat assessment of the U.S. economy but voiced a warning about soaring stock prices and the risk of higher inflation. He said he could not rule out a pre-emptive hike in interest rates to hold economic growth and prices in check. NPR's John Ydstie reports.
  • Commentator Reynolds Price has just had his annual MRI to check for cancer. He finds a strange kind of peace inside the close quarters of the 6 foot long tube in the radiology department --reciting the contents of his longterm memory: prayers and poems and sonnets. He was again free of cancer this year.
  • The latest Consumer Price Index showed prices were up 5.4% compared to a year ago. But how exactly does the government track this number?
  • Today on AirTalk, we check in with members of the restaurant industry about how the second year of the pandemic has treated them. Also on the show, we cover the latest in COVID-19 news; FilmWeek.
  • NPR's Larry Abramson reports on the end of price regulations for cable television. Starting today, most legislation that kept cable rates in check will expire. The legislation was passed in 1992 despite Republican opposition. At that time cable rates were soaring at 3 to 4 times the rate of inflation. Now with a Republican Congress it appears unlikely that regulations will be put in place again.
  • NPR's Margot Adler discovers an entire world of writers devoted to developing their own Harry Potter stories while they wait impatiently for the fifth book in the series.
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