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Transcripts For CNN The Lead With Jake Tapper 20240707

and even more so, about the 77 minutes of inaction that the video shows. plus, in some big cities there will no longer be a starbucks on every corner. the coffee giant is closing several locations but not because of slow sales. is this about working safety or is it about unionization? welcome to the lead. i m jake tapper. we start today with our money lead and horrible news for your wallet. new data today released by the biden administration shows inflation surging to 9.1%. that is the highest level in more than 40 years and it means the prices we pay over all are 9.1% higher than at this time last year. so unless you have benefitted from an unlikely 10% raise since then, you now have less money in your pocket than you did a year ago. much of the increase is driven by gas prices, which we should note have fallen in recent weeks, but they remain insanely high, up nearly 60% in this report, and the increases are felt across a range of categories, prices on groceries are u

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