Segments From This Episode

• Inflation for wholesalers was negative last month

  by Sabri Ben-Achour

  Inflation at the wholesale level reversed a bit in May —  prices came down 0.2%, according to the producer price index. Yet overall inflation is still 3.3% year over year. So, what’s the Federal Reserve do with that? We discuss with Diane Swonk, chief economist at tax audit and advisory firm KPMG.

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• G7 plans to use seized Russian assets to help Ukraine

  by Nova Safo

  The U.S.  and its allies have agreed to provide Ukraine with as much as $50 billion in new financial assistance. The deal will be finalized in Italy, at the meeting of the Group of Seven industrialized democracies, which began this morning.

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• Campaign donors hope money makes the difference in hotly contested states

  by Sabri Ben-Achour and Kimberly Adams

  

  Federal campaigns get much of the spotlight, but state and local races can be as consequential for residents’ lives. Funders know that.

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