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India reports single-day record of COVID fatalities as death toll surges past 250,000

India reports single-day record of COVID fatalities as death toll surges past 250,000
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Axios marketsHealth ministryTimes of indiaஅச்சுக்கள் சந்தைகள்

Consumer prices jumped 4 2% in April compared to last year

Data: CPI. Axios VisualsThe latest gauge on inflation released Wednesday morning showed that prices rose 4.2% over last year, based on the Consumer Price Index (CPI). Why it matters: The gains were highest since September 2008, stoking new fears of inflation. Prices jumped significantly compared to the start of the pandemic last year, when lockdowns drove down demand.Get market news worthy of your time with Axios Markets. Subscribe for free.Energy prices rose the most by 25%, followed by used cars and trucks at 21%.Apparel prices grew by nearly 2% after seeing two months of consecutive declines.The big picture: More consumers have grown worried about rising costs and say they are adjusting how they will spend as a result. However, most economists and the Fed maintain that the price swing will be temporary.For context: Prices grew 2.6% year-over-year in March as the U.S. administered its 100 million COVID-19 vaccine dose, weeks ahead of schedule. Consumer prices have been more volatile

Axios marketsEnergy pricesஅச்சுக்கள் சந்தைகள்

Emerging from pandemic lockdown is shaping up to be pricey

Emerging from pandemic lockdown is shaping up to be pricey. Traveling, eating out and even refreshing your wardrobe costs more, per April inflation data out today.Why it matters: The economy is reopening and suddenly Americans want in on the activities they've gone a year without. The data shows how much that sudden demand has helped push prices higher — at least for now.Get market news worthy of your time with Axios Markets. Subscribe for free.Catch up quick: Year-over-year prices rose 4.2% — the steepest climb since 2008, Axios' Hope King reports. It's coming off the weaker readings from last year when the pandemic hit.On a monthly basis, the index rose 0.8%, much higher than the 0.2% economists expected.A historic surge in used car and truck prices accounted for more than a third of the increase: Prices last month jumped the most (+10%) in the index's 68-year history, thanks to the chip shortage that's zapped car supply.Other categories with &#

United statesMichael gapenAxio hope kingAxios marketsஒன்றுபட்டது மாநிலங்களில்அச்சுக்கள் சந்தைகள்

School board races enter crucible of partisan politics

The debate over coronavirus precautions and school reopening has fueled a surge of new candidates for school boards across the country.Why it matters: What was traditionally a nonpartisan, hyper-local role is now at center of a swirling national political debate. Conservative and progressive parents have clashed over when and how to reopen classrooms — and it's pushed some of them to run for office themselves.Get market news worthy of your time with Axios Markets. Subscribe for free."Historically, we've actually seen where some school board seats have gone uncontested — sometimes for years — and now we're seeing multiple candidates for seats," National School Boards Association CEO Anna Maria Chávez told Axios."This is something that we've seen during the pandemic because, again, every kitchen table has become a public school classroom."More people are "looking to express their political fervor in all different aven

Axios marketsSchool boardsSchool boardCalifornia school boards associationLeslie hoardஅச்சுக்கள் சந்தைகள்

Poll: Mask use drops after CDC relaxes guidelines

Poll: Mask use drops after CDC relaxes guidelines
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