Hey there from CNN, I'm Krista Bowe with the Buy Things You Need to Know for Wednesday, November 13th. This president elect in the former brain, congratulations. President-elect Donald Trump is back in Washington for the first time since he won the 2024 election. And he's meeting with President Joe Biden as part of their transition of power.
It's hard to hear at times what Biden and Trump shook hands in the Oval Office, and they both called for a smooth transition. Welcome. Thank you very much. Thank you very much.
And politics is tough. And it's, in many cases, not a very nice world, but it is a nice world today, and I appreciate it very much. A transition that's so smooth, it'll be as smooth as it can get. I very much appreciate it.
You won't. It's tradition for the outgoing and incoming presidents to meet after the election, but Trump didn't extend an invitation to Biden back in 2020. When Trump left, he wrote a personal letter to Biden as many presidents have before and left it in a drawer of the resolute desk. Inflation hit a bump in October after slowing for six straight months.
The first inflation report out since the election shows consumer prices rose 0.2% last month and were up 2.6% from the year before. This is what economists expected, which shows the road to 2% inflation is still a bumpy one. Sanans Matt Egan digs deeper into the latest report from the Labor Department. Some good news.
We saw that prices declined between September and October for a few things, including gasoline, clothes, new cars were unchanged. The bad news is we did see a price increase for used cars, also the cost of housing, shelter. That continues to be a big problem. The question that we got a lot is why don't people feel better if the inflation rate has come down.
I think that's because prices are still going up, right? They're just going up at a slower pace. And Moody's has found that the typical US household has to spend $1,100 more per month for the same goods and services than they did in the beginning of 2021, all because prices have come up. The DOJ has charged a man for allegedly leaking highly classified US intelligence about Israel's retaliation plans against Iran.
That's according to court documents, which say a CIF-Rachman was indicted last Thursday for willfully retaining and transmitting national defense information. A person familiar with Rachman's employment says he worked for the CIA and had a top-secret security clearance. Back in mid-October, a telegram account posted documents with markings indicating they were only meant to be seen by the US and its five-eyes allies. Rachman was arrested on Tuesday in Cambodia and will first appear in court in Guam.
Hundreds of wanted posters targeting Jewish faculty members have been plastered across the University of Rochester campus in upstate New York. The posters criticize the faculty for their alleged response to the war in Gaza, with one accusing a faculty member of, quote, ethnic cleansing and displacement of Palestinians. The university's organization representing Jewish students called the posters deeply disturbing, and the school's president told CNN that anti-Semitic act, quote, would not be tolerated. The posters have now been removed.
Coming up here would happen when a county in Washington state decided to implement a four-day workweek. San Juan County in Washington state is made up of a small network of islands north of Seattle. Its counties strapped for cash and couldn't afford to comply with demands from unions for a 20 percent raise. So, instead, they offered them a four-day workweek with full benefits.
It's been a year since they implemented the change, and the county reported a whole bunch of positive outcomes. Union employees who quit working for San Juan County dropped by 48 percent, applications have spiked over 85 percent, and open positions are being filled over 23 percent faster. Plus, 84 percent of county workers said their work-life balance was much better. To learn more about the nuances and how a family's life was changed by the policy, consider subscribing to CNN.
The link to the article is in the description. Alright, that's all for now. I'm Chris Abbeau, and our next episode drops at 3pm Eastern. Until next time.