CREDIT: (Xinhua/Guo Peiran) (Photo by Xinhua/Sipa USA)
NEW YORK (77 WABC) — Stocks crashing on Tuesday as inflation may not be slowing down, at least not now.
The Dow fell nearly 1300 points — the worst day on the street since June of 2020.
Consumer prices surged 8.3% percent in August compared to a year earlier. So-called core prices excluding food and energy prices jumped 0.6% percent from July to August, higher than many economists had expected.
