News Wrap: Energy costs may soar by up to 54% amid this winter’s colder temperatures

From PBS NewsHour.

In our news wrap Wednesday, a federal forecast says global inflation and supply shortages will boost energy costs as much as 54 percent over last year. The surge in inflation means social security recipients will get their biggest cost-of-living adjustment in 39 years, with an increase of 5.9 percent. U.S. land borders will reopen to non-essential travel for vaccinated foreigners.

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