High inflation prices continue to rise
Howard on tampon dispensers and reliable energy
Trent Kennedy on AI and its concerns
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The Big Three 6-14-22
1 Thousands are without power due to power outages across the state.
Already many have their lights back on, but Consumers Energy continues to work to restore power to those still in the dark.
The outages are mostly impacting the southwestern portion of the state, but there are also outage pockets in Kent, Muskegon, Ottawa and Allegan counties.
Consumers Energy expects the majority of these outages to be restored by the end of Tuesday.
Cooling centers are set up in areas because of the heat. Consumers Energy
2 Stocks plunged again Monday, officially pushing the S&P 500 into bear market territory -- which happens when stocks close down 20% or more from their most recent high. In short, stocks are tumbling due to inflation and the Federal Reserve's efforts to tame it, experts say.
The S&P 500, the broadest measure of Wall Street, is down more than 21% from its high reached in early January -- and cryptocurrencies have also joined the meltdown. Bitcoin fell below $23,000 today as investors bailed out of risky assets.
The Fed is expected to announce another rate hike this week.
3 Meijer says if you were overcharged at their stores, you should be getting that money back by the middle of this week.
The company says over the past few weeks, stability issues at Chase Bank caused problems with the payment processing systems.
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