The most recent business to succumb to the challenges of inflation and rising crime is the renowned 99 Cents Only store chain, which announced it would be closing all stores across the country by May 31st. The consumer price index reported a 3.5% rise in inflation this month compared to one year ago. It’s worth noting that the inflation rate is slower from a nationwide high of 9.1% in June 2022. However, for three months, it has trended upward, reversing the downward trend. Read More
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