CPI Shows Hot Inflation // Jobless Claims Dip Again // Tiktok, WeChat Ban Lifted - 6/10 (Hour 1)

(0:50) - Markets opened higher following the release of the consumer-price index for May, which showed a 5% jump vs. expectations of 4.7%. Core CPI, which excludes food and fuel, came in at 3.8%(15:36) - Weekly jobless claims hit yet another new pandemic-low, with 376K Americans filing claims vs. 370K expected. (24:36) - The U.S. is trying to find a solid balance with its trade partners, namely the European Union and China. Will the Biden Administration pull back on tariffs?(35:31) - The Biden Administration has lifted the Trump Administration's bans on both Tiktok and WeChat, but did call for a review of both China-based apps.