Import prices were unchanged in June which could be a good sign for U.S. consumers. The flat month comes after a 0.2% decline in May, which was the first decline in import prices all year, according to a report released today from the Bureau of Labor Statistics. Economists expected import prices to fall further in June, according to a survey from the Wall Street Journal and Dow Jones Newswires.

How Unchanged Import Prices Could Be Good For Your Wallet

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and how that's likely to affect your finances. Here we compile data releases, economic reports, quotes from expert sources and anything else that helps explain economic issues and why they matter to you.

US Economy News Today: Import Prices Remained Steady in June

The International Monetary Fund forecast a decline in U.S. economic growth next year. It warned that sticky inflation could keep global interest rates higher for longer. The IMF forecast U.S. economic growth of 2.6% for 2024 and 1.9% next year. The International Monetary Fund (IMF) forecast a decline in U.S....

IMF Forecasts Slower US Growth, Higher-for-Longer Global Interest Rates

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Uber Technologies shares rose Tuesday after the company announced new features, including the ability to search what offerings are available in thousands of cities around the world. Users will be able to see average wait times and prices for trips. Uber also announced a partnership with Air France-KLM Group that...

Uber To Show Average Wait Times, Prices in Many Cities

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Rates on 30-year new purchase mortgages fell for a third consecutive day Friday, sinking to 6.70%. That's the lowest average since early spring, and is a notable improvement after rates started July above 7%. Rates for most other mortgage types also ended the week lower. National Averages of Lenders' Best...

Mortgage Rates Keep Dropping, To Lowest Level Since March

Pennsylvania State

Bucks County Beacon

“Who sits there and thinks, with all the needs we have in America, of criminalizing the homeless?” wonders Pastor Robert Brown of Bristol’s Bible Evangelical Methodist Church after learning that the United States Supreme Court approved punishing those experiencing homelessness who have nowhere to sleep.

After SCOTUS OK’s Criminalization of Homelessness, Pennsylvania Democrats Plan Legislative Response to Protect Rights of the Unhoused

Broward County, FL

Margate, FL

Edmond Thorne

MARGATE, FL. - A sophisticated lottery scam targeting vulnerable seniors across the United States has been uncovered, with a Margate man at its center. The elaborate scheme defrauded victims of approximately $9.5 million, leaving a trail of financial and emotional devastation in its wake.

Broward Man Arrested by Feds in $9.5 Million Lottery Scam: Targets Seniors Nationwide.

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

California State

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Cleveland-Cliffs on Monday said it agreed to buy Stelco Holdings in a cash-and-stock deal worth roughly $2.5 billion. The purchase price represents an 87% premium on Stelco's closing price of C$37.36 on the Toronto Stock Exchange on Friday. The transaction adds 1,800 United Steelworkers members to Cleveland-Cliffs' workforce. Cleveland-Cliffs (CLF)...

Cleveland-Cliffs To Buy Canadian Steelmaker Stelco for $2.5 Billion

Georgia State

The Current GA

People held in Georgia immigrant detention centers will soon face new challenges in their search for lawyers to represent them in immigration court, a development that will likely doom many people’s chances of fighting deportation.

For migrants in Georgia, fighting deportation will become harder. Here’s why.

Locust Grove, VA

The Battle of the Wilderness occurred in Locust Grove, Virginia, on May 5, 1864. According to History Facts, at one point, the Civil War c ceased so that soldiers could watch a fistfight between a soldier from the North and one from the South.

Union and Confederate soldiers allegedly called a ceasefire in Virginia to watch a fistfight

Denver, CO

David Heitz

The Safety, Housing, Education and Homelessness Committee of the Denver City Council will consider Wednesday approving $16.6 million in contracts to provide housing, food and personal items to migrants enrolled in the city’s asylum seeker program.

Migrant response may cost Denver another $16.6 million

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Wyoming State

Hyattville, WY

WyoFile

The increased cost of the proposed Alkali Dam near Hyattville has rendered the project “close to not making sense,” the speaker of the Wyoming House told state water developers earlier this year.

Lawmaker: Northern Wyoming dam cost ‘close to not making sense’

NewsBreak

Why You Should Care About A Revision To the Country's Economic Growth Measure

The third and final estimate of U.S. Gross Domestic Product (GDP) showed economic growth was a tick higher in Q1 than previously thought, but still considerably...

Why You Should Care About A Revision To the Country's Economic Growth Measure

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