Inflation Dips to Three Year Low Aids Fed Rate Cut Prospects
US consumer prices rose 0.2 percent in July from June and 2.9 percent year over year, the slowest gain since March 2021, easing housing costs and supporting expectations of a September rate cut. Gas and car prices fell. grocery gains slowed, while food still costs more than three years ago. Despite easing inflation, many households face higher living costs, though wages have edged past inflation for over a year.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Labor Department
Donald Trump
Biden
Kamala Harris
Fed
Tara Sinclair
George Washington University
Treasury Department
Sinclair
U.S
Ernesto strengthens into hurricane near Puerto Rico
Ernesto intensified to a hurricane with 75 mph winds as it drenched Puerto Rico and caused widespread outages. A hurricane watch was issued for Bermuda while tropical storm warnings faded for Puerto Rico and nearby islands. The storm disrupted flights, schools, and roads, with continued heavy rain and flash flood warnings as it moves northwest over open waters toward Bermuda.
MENTIONED IN THIS ARTICLE
Toa Baja
Puerto Rico
U.S. Territory
Bermuda
Grand Turk Island
British Virgin Islands
Culebra
Edilberto Romero
Ernesto
Court allows referring to fetus as unborn human being in ballot pamphlet
Arizona Supreme Court ruled pamphlets describing a fall abortion ballot measure may use the phrase unborn human being for a fetus. The measure would protect abortion access until viability and limit bans. GOP lawmakers supported the wording, while abortion rights groups criticized it as biased.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
Arizona Supreme Court
House
Ben Toma
Associated Press
Secretary of State
Arizona For Abortion Access
Hunter Biden sought US help over Burisma project in Italy
The New York Times reports Hunter Biden wrote to the U S ambassador to Italy in 2016 asking for aid for Burisma's geothermal project in Italy while he sat on Burisma's board. The disclosure may fuel GOP criticism amid forthcoming tax cases and investigations. Britain sees over 1,000 arrests after far right riots as Prime Minister Keir Starmer faces swift justice.
MENTIONED IN THIS ARTICLE
Washington
Hunter Biden
U.S
Italy
New York Times
Joe Biden
Burisma
GOP
London
Britain
National Police Chief’s Council
Keir Starmer
Starmer
England
Wales
Also Mentioned on This Page
Taliban
Kabul
Afghanistan
Bagram
America
al-Qaida
Elimi
Maulvi Abdul Kabir
Agence French Presse
Reuters
Lomats
Helmand
Lashkar Gah
Caribbean
Vieques
U.S. Virgin Islands
Albert Bryan Jr
St. Croix
Daryl Jaschen
St. Thomas
Jazette Wire
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