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U.S. Consumer Prices Increased in March by Most Since 2012, But Core Inflation Still Only 1.6% YoY (Is Bitcoin The New Inflation Hedge?) – Investment Watch

(Bloomberg) U.S. consumer prices climbed in March by the most since 2012, adding to evidence of budding inflationary pressures as the economy reopens and demand strengthens.
The consumer price index increased 0.6% from the prior month after a 0.4% gain in February, according to Labor Department data Tuesday. A jump in the cost of gasoline accounted for almost half the overall March advance. The median estimate in a Bloomberg survey of economists called for a 0.5% rise.
Excluding volatile food and energy components, the so-called core CPI increased 0.3% from a month earlier, the most in seven months and reflecting rising rents and auto insurance. ....

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Chicago mayor targets monuments to Civil War, American Revolution

Chicago mayor targets monuments to Civil War, American Revolution
As tragedies go, few match the poetic dimensions of the assassination of Abraham Lincoln by John Wilkes Booth on April 14, Good Friday, 1865. Coming just five days after General Robert E. Lee surrendered Confederate armies to Ulysses S. Grant at Appomattox, and four years and three days after the attack on Fort Sumter opened the conflict, Lincoln’s killing was, symbolically, the last act in the carnage of the Civil War that had taken the lives of some 700,000 Americans, made 4 million slaves “henceforth and forever free,” and secured for the United States “a new birth of freedom.” ....

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