With prices rising 4 percent in June, policymakers try to steer through recovery’s haziness

Personal income ticked up slightly, 0.1 percent, from May and June. The Bureau of Economic Analysis said the slight rise reflected increasing wages and salaries for workers. In recent months, employees have seen some of the fastest wage growth in decades as restaurants, sports stadiums and factories struggle to rehire workers and try to lure people back on the payrolls.

Source: WP