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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 13, 2024
Page
3
U S stocks finished mixed after a quiet Monday as the S&P 500 edged up slightly while the Dow fell 0.4 percent and the Nasdaq rose 0.2 percent. Markets worldwide quieted after last week’s extreme swings driven by yen volatility and Bank of Japan rate worries.
Inflation pressures ease as American shoppers seek bargains and resist price hikes. Economists note demand restraint and resilient supply chains, while Fed rate policy and a cooling labor market stabilize prices. July CPI expected to show core inflation at 3.2 percent year over year.
Google.org will flash fund all mental health listings on DonorsChoose with 10 million dollars and partner with Selena Gomez to promote mindful learning in high schools. The initiative includes 6 million to DonorsChoose, 1.5 million to Jed Foundation Steve Fund and Child Mind Institute, and 1.25 million to Gomez’s Rare Impact Fund.
Donald Trump returned to X with Elon Musk for a planned live conversation at 8 p.m. but the broadcast flopped as 878,000 users joined while details were unavailable. Trump's team cited technical overload amid similar past glitches during Ron DeSantis's May 2023 rollout, sparking criticism from Trump supporters.
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