Fox Business Flash top headlines for February 11
Check out what’s clicking on FoxBusiness.com.
Traditional Valentine's Day celebrations and gift exchanges might look a bit different this year now that inflation has hit a fresh 40-year high.
Prices are rising between 10% and 15% on average for most sought-after gifts, Marshal Cohen, NPD Group chief retail industry adviser, told FOX Business.
The consumer price index rose 7.5% in January from a year ago, according to a new Labor Department report released Thursday, marking the fastest increase since February 1982, when inflation hit 7.6%.
CLICK HERE TO READ MORE ON FOX BUSINESS
"We've got this elevated level of things from greeting cards to flowers to chocolates," Cohen said.