"Unpacking the Latest Inflation Report: What It Means for the U.S. Economy"

The latest U.S. inflation report raises concerns about the economy as consumer prices rose 3.1 percent from a year ago, leading to fears of prolonged higher interest rates and a stock market decline. A winter storm disrupted the Northeast, the CIA and Israel's spy agency discussed a Gaza cease-fire, and the State Department is investigating reports of Israeli forces killing a Palestinian-American teen. Additionally, Defense Secretary Lloyd Austin has been released from the hospital, flight attendants rallied for higher wages, a special congressional election in New York is underway, Mardi Gras celebrations took place in New Orleans, and the reconstruction of Notre Dame Cathedral has reached a new milestone.