Inflation cools in May easing pressure on Fed rate cuts
U S inflation rose 3.4 percent year over year in May and core prices gained 0.2 percent from April. The data suggest inflation cooling could allow the Federal Reserve to consider lowering its policy rate, while unemployment and demand remain solid. The report notes groceries rent and health care stay costly, complicating policy decisions ahead of Biden’s re election bid.
MENTIONED IN THIS ARTICLE
Washington
United States
Federal Reserve
Fed
Joe Biden
Trump polling after felony conviction shows mixed views
AP-NORC poll finds about half of U S adults approve of Donald Trump’s felony conviction while overall opinions of Trump and Joe Biden remain steady. The findings suggest entrenched views ahead of Election Day with modest signs of vulnerability for Trump as he seeks the presidency.
MENTIONED IN THIS ARTICLE
Ap-Norc
U.S
Trump
New York
Donald Trump
Associated Press-Norc Center For Public Affairs Research
Joe Biden
Senate grilling FDA and DOJ over illegal e cigarettes
Senate Judiciary Committee members press top federal agencies about the surge of illegal e cigarettes. Durbin criticizes the FDA for failing to act against a vape shop selling unlawful products within a mile of the agency’s headquarters as authorities crack down on a few manufacturers while thousands of unauthorized products remain on shelves.
MENTIONED IN THIS ARTICLE
Washington
Senate
U.S
Senate Judiciary Committee
Food and Drug Administration
Justice Department
Committee
Dick Durbin
The
FDA
Biden and Zelensky to sign US Ukraine security pact
On the G7 sidelines aboard Air Force One, President Biden and President Zelenskyy will sign a bilateral security agreement. The pact signals U.S. resolve to aid Kyiv without committing U.S. troops, a red line Biden fears could draw Washington into direct conflict with Russia.
MENTIONED IN THIS ARTICLE
Biden and Zelenskyy
Ukraine
AIR Force One
White House
Joe Biden
Volodymyr Zelenskyy
U.S
Russia
Kyiv
Jake Sullivan
Biden
Italy
Russian warships head toward Cuban waters before Caribbean drills
Russian warships reached Cuban waters ahead of planned Caribbean exercises, signaling Moscow's strength amid Western support for Ukraine. The U.S. expects several ships and support vessels, with possible stops in Venezuela. Russia allies with Venezuela and Cuba have a history of Caribbean forays. The move follows Biden's authorization for Ukraine to use U.S. weapons to strike inside Russia to defend Kharkiv.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Cuban
Caribbean
Russia
Ukraine
U.S
Cuba
Joe Biden
Kharkiv
Southern Baptists reject formal ban on women pastors
In Indianapolis the Southern Baptist Convention narrowly rejected a proposed constitutional ban on churches with women pastors, failing to reach the two thirds needed. Delegates backed maintaining the existing doctrinal statement that the pastorate is for men, while noting ouster actions against Saddleback and other churches show current mechanisms can enforce the policy. The vote followed a day of debate amid controversy over gender roles and church governance within the nation’s largest Protestant denomination.
MENTIONED IN THIS ARTICLE
Southern Baptists
Indianapolis
Southern Baptist Convention
SBC
United States
Southern Baptist
Convention
Ryan Fullerton
Immanuel Baptist Church
Louisville
Kentucky
Virginia
California
Saddleback
Shelton
Mike Law
Arlington Baptist Church
Law
First Baptist Church of
North Carolina
Clint Pressley
Hickory Grove Baptist Church
Charlotte
Evangelical Network of Churches
Pressley
Tennessee
Dan Spencer
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Spence Shelton
Mercy Church
Doug McSchooler
Associated Press
America
Window World
Window World of Beckley, Inc
Windy World Inc
Bluefield Daily Telegraph
Bluefield Ave
Bluefield, WV
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