U.S. Bureau of Labor Statistics reported the June Consumer Price Index; Kevin has the details, digs into the data, offers his insights, puts the information into historical perspective and offers his opinion. The Port of Los Angeles reported their June import volumes; Kevin has the details, discusses the data, adds his perspective and explains how this might affect the overall economy. Oil and gas prices react to potential sanctions on Russia, China's economic data and anticipated oil demand for the rest of the year.