The economy is recovering faster than expected. The big question is: Will prices continue to rise?

The big question on economists’ minds is: is this temporary or will prices continue to rise? Salomons expects that bottlenecks in logistics chains will be temporary, and so will the resulting price hike. “We underestimated how strong the recovery is, how quickly demand will bounce back. It makes sense that you’d have higher inflation numbers.” […]

Canadian Catholic Church apologizes for abuse of local boarding schools | Abroad

“We, the Catholic Bishops of Canada, express our deepest remorse and categorical apologies,” church leaders said in a statement, also saying they were “fully committed” to reconciliation. The bishops write that they acknowledge the “suffering” and “grave abuse” inflicted on the victims. Over the past 165 years, up to 1996, schools forcibly separated some 150,000 […]

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