Prices surge as inflation hits 40-year high

Prices surge as inflation hits 40-year high

The Consumer Price Index is up 8.6% in May compared to a year go, fueling a surge in prices for food and energy as a gallon of gas is averaging $4.98 nationwide.

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Inflation rate is highest in 40 years

Inflation rate is highest in 40 years

ABC News business reporter Alexis Christoforous reports on the new consumer price index data showing inflation is up 8.6% over the last year.

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US doubles its military aid to Ukraine

US doubles its military aid to Ukraine

The Senate passed a $40 billion package to send supplies and weapons to help Ukraine in its war with Russia. ABC News Live Prime, Weekdays at 7 EST & 9 EST WATCH the ABC News Livestream: https://bit.ly/3rzBHum SUBSCRIBE to ABC…

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ABC News Live: Biden says inflation is his 'top domestic priority' | ABCNL

ABC News Live: Biden says inflation is his ‘top domestic priority’ | ABCNL

Plus, Ukrainian President Volodymyr Zelenskyy thanks Speaker Nancy Pelosi and House lawmakers for approval of a new $40 billion aid package, and concerns grow over a potential summer COVID surge. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to…

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House approves $40 billion aid package for Ukraine | ABCNL

House approves $40 billion aid package for Ukraine | ABCNL

ABC News foreign correspondent Tom Soufi Burridge discusses a warning from the U.S. director of national intelligence that Russia is preparing for a prolonged war and could resort to “drastic means.” WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE…

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U.S. approves $40 billion aid package for Ukraine | ABCNL

U.S. approves $40 billion aid package for Ukraine | ABCNL

ABC News correspondent Tom Soufi Burridge has the latest on the war in Ukraine. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News…

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