Violence in Jerusalem escalates. Rising consumer prices worry investors. Panic buying causes fuel shortages amid US pipeline hack.

Julia Chatterley is live from New York. Here are the top business news stories today!

Deadly escalation - Dozens are killed amid airstrikes and rocket launches as Israel and Gaza tensions worsen. Costly consumption! US consumers see rising prices on everything from chicken to gas, worrying investors. Gas guzzlers - panic buying causes fuel shortages amid US pipeline hack.

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