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The Nexus
BUSINESSJun 13 · 14:10 UTCWTOP DCWTOP Staff

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

Inflation reached a 3-year high in May, driven by rising gas prices, while Elon Musk became the world's first trillionaire after SpaceX's IPO. U.S. producer prices spiked at their fastest pace in over three years, and Social Security's retirement trust fund faces a funding shortfall a year earlier than projected.

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