And you thought inflation was hot for consumers

<p>U.S. producer prices surged in June, stoking investors&#8217; concerns about the nature of the inflation. Plus, what we know so far about the Democrats&#8217; $3.5 trillion spending proposal; the response from China to Treasury Secretary Yellen&#8217;s recent characterization of its &#8220;economic practices&#8221; as &#8220;unfair&#8221;; and how the Federal Deposit Insurance Corp. (FDIC) is working to encourage unbanked American households to open accounts — the effort is connected to the expanded child tax credit, which starts this week.</p>