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Bars, bowling alleys and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

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The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

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Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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Bars, bowling alleys and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
FinanceInflation

Inflation is such a hot topic, people are faking Consumer Price Index reports

By
Olivia Rockeman
Olivia Rockeman
and
Bloomberg
Bloomberg
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By
Olivia Rockeman
Olivia Rockeman
and
Bloomberg
Bloomberg
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July 13, 2022, 1:00 AM ET
People fuel vehicles at a gas station in the Brooklyn borough of New York
The monthly CPI report gives Americans a snapshot of inflation. A fake report circulated Tuesday and seemed to move markets—albeit briefly. Michael Nagle—Xinhua/Getty Images
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The U.S. Bureau of Labor Statistics said Tuesday that a release circulating online purporting to show hotly-anticipated June inflation figures was a forgery. 

“We are aware of a fake version of the June 2022 Consumer Price Index news release that is being circulated online,” BLS spokesperson Cody Parkinson said in an emailed statement.

The Labor Department agency is scheduled to release the June CPI report on Wednesday at 8:30 a.m. in Washington, Parkinson said.

Stocks slumped to session lows around the time the fake release started making the rounds on social media.

The release that circulated online Tuesday attempted to mimic the formatting of the prior month’s CPI report but with different dates and numbers. It included several indications that it was a forgery, including a chart whose numbers failed to match the text.

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