Thanks to Gasoline, Inflation Hits 2.8% in June

While we’re on the subject of inflation, here is today’s update of the Consumer Price Index for June:

The CPI is up 2.8 percent over the past year while core CPI (excluding food and energy) is up 2.2 percent. It’s starting to look like there’s finally some inflationary pressure building, though it’s hard to tell yet whether it will continue. Gasoline is up 24 percent over the past 12 months, and that might moderate or even decline if OPEC follows through on its promise to increase production in order to make up for the Iran embargo. Wait and see.

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Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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