Today’s edition of quick hits.
* Inflation is stubborn: “The annual U.S. inflation rate was little changed in September, hitting 8.2% year over year compared with August’s 8.3% reading as the pace of price increases remains at multidecade highs, causing pain for many households.”
* In related news: “The Social Security Administration announced an annual cost of living adjustment of 8.7% amid a rising inflation rate that has been punishing for Americans on fixed incomes. The adjustment represents the largest one-time increase since 1981, and the largest experienced by beneficiaries alive today.”
* In Ukraine: “Russia said on Thursday that it would help residents leave the southern Ukrainian province of Kherson, a move that comes as Ukraine has been recapturing territory in the region and Moscow continues its bombardment of the country.”
* The protests in Iran aren’t over: “Defying a lethal crackdown in cities across Iran, protesters demanding the ouster of Iran’s Islamic Republic have driven their uprising into a fourth week, with workers from the country’s vital oil sector going on strike this week and activists calling for further work stoppages and protests on Wednesday.”








