Supply Chain Issues Causing Delays // Oil Prices May Stay High // Soc. Security Increasing Next Year - 10/13 (Hour 2)
(1:01) - Inflation is still running hot and supply chains are still significantly disrupted, making buying an appliance like a hot tub a lot more complicated. Major delays in obtaining hot tubs and numerous other items are still prevalent and expected.
(13:32) - Oil prices are still soaring, with local averages reaching as high as $3.30 per gallon. With crude oil at $80 per barrel, will oil producers begin to ramp up production?
(22:46) - Social Security benefits are slated to increase by 5.9% in 2022, which will be the largest jump in benefits in many years.
(33:33) - Apple is slashing production of the iPhone 13 by as many as 10 million units. This news goes to show just how far-reaching the global chip shortage is when even a tech giant like Apple is feeling the effects of it.