Today, we're talking about the rising cost of everything, a new COVID-19 vaccine, Biden's

trip to the Middle East and other top news for Friday, July 15th. Stay informed while

remaining focused on Christ with the pourover. Here's the quote of the day.

Obedience is the pathway to blessing. It is the means of protection. It is the means

of joy. It is the means to finding God's best in our lives. Nancy Lee Demos. Let's start

with some espresso shots. Your uncle's decision to move his retirement funds into forever

stamps may be paying off. Inflation just hit another new 40-year high. On average,

stuff costs 9.1% more than one year ago, even higher than analysts predicted. Gasoline

has seen the biggest price increase since last June, up 59.9%. But butter, up 21.3% and

bacon, up 10.8% aren't helping either. Rising prices are really stressing people out.

A recent poll showed the top four biggest concerns of American families are inflation, gas

prices, the economy, everyday bills. The Fed's target is 2% inflation and it's making

increasingly bold moves to get there. June's worse than expected numbers, all but guarantee

at least another 0.75 interest rate hike later this month and raises the question of whether

a 1% hike is in play. Rising prices can make anyone anxious, yet difficult times are also

an opportunity to share rather than hoard what God has given us, remembering Jesus' command

for radical generosity. Luke 6, verse 30 says, give to anyone who asks you and from someone

who takes your things, don't ask for them back. COVID released a new software update.

The new sub variant now makes up 65% of the U.S. COVID cases earning the dominant variant

of the month, parking spot. While B.A. 0.5 is highly transmissible and immune invading,

health officials are emphasizing that vaccines are still effective at preventing severe symptoms

and hospitalizations. Meanwhile, the FDA is adding another arrow to its quiver. It's

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