Inflation just hit its highest rate in three years, climbing in May to 4.2%. The surge has been driven largely by energy costs, which have been exacerbated by the war with Iran. After renewed attacks overnight by the U.S. and Iran, consumers worry sky-high gas prices and airline tickets could be lingering. Meanwhile, despite the recent strong jobs report, consumer prices are outpacing wage growth for the second month in a row. NBC News Chief Business Correspondent Christine Romans explains why the economy is delivering such mixed messages. Then, Jack Schlossberg, grandson of President John F. Kennedy, is running for Congress in one of the most competitive districts in New York. Schlossberg shares why he sees himself as an “outsider,” his opposition to his cousin Robert F. Kennedy Jr., and whether his political aspirations stretch to the White House.
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