Mediaite

A rare thing happened on Fox News Wednesday morning: an on-air personality celebrated good economic news upon the release of new Consumer Price Index data.
The post ‘Really Good News for All of Us! Steve Doocy Celebrates Just Released Consumer Price Index first appeared on Mediaite.

‘Really Good News for All of Us! Steve Doocy Celebrates Just Released Consumer Price Index

TheStreet

Inflation pressures are easing, but the pace is painstakingly slow.

CPI inflation report upsets betting on big Federal Reserve rate cut

Your article was successfully shared with the contacts you provided. The Social Security cost-of-living adjustment, or COLA, for 2025 is likely to be 2.6%, based on the latest consumer price index data, released Wednesday. The prospective COLA for next year would be about average for the last two decades and...

Social Security COLA Estimate for 2025 Drops to 2.6% as Inflation Falls

The US Sun

THE Consumer Price Index (CPI) report has revealed a continued inflation trend. Rates have risen slightly 0.2% in July, following a 0.1% decline in June. This marks a plateau since June, according to economists surveyed by The Wall Street Journal and Dow Jones Newswires. Core CPI inflation, which excludes the...

Inflation rate 2024 live updates — July rate increased 0.2% – what it means for supermarket and gas prices

The Associated Press

WASHINGTON (AP) — Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it reaches consumers — rose 0.1% from June to July. That was down from a 0.2% rise a month earlier. And compared with a year earlier, prices were up 2.2% in July. That was the smallest such rise since March and was down from a 2.7% year-over-year increase in June. The July wholesale figures reflect a broad and steady slowdown in price increases, which peaked at a four-decade high in mid-2022 but are now moving toward the Fed’s 2% inflation target. On Wednesday, the Labor Department will release the most well-known inflation measure, the consumer price index.  Tuesday’s report showed that prices in the nation’s vast service sector fell 0.2% last month, the biggest drop since March 2023. Goods prices rose 0.6%, largely because gasoline prices jumped 2.8% from June to July.

US wholesale inflation cooled in July in sign that price pressures are continuing to ease

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

North Carolina State

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Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

Denver, CO

No, pallet shelters for people experiencing homelessness don’t fold into caskets. It’s a question a reader posed one of the first times I wrote about pallet shelters. I find the pallet shelters to be more palatable than ice fishing tents. The Colorado Village Collaborative operates both micro-communities and the so-called Safe Outdoor Spaces with the tents. We all learned the tents are not safe when a fire roared through a CVC Safe Outdoor Space, destroying the compound quickly. Officials never disclosed a cause of the fire.

Opinion: No, pallet shelters for homeless in Denver, Aurora don’t fold into caskets

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Particularly exposed as a street person, the 64-year-old was hiding in the shade. With temperatures rising every year, the Greek capital's homeless do what they can to beat the heat, with help from passersby, charities and the city. "This year was very bad. Hot days -- dizzy," said Bulgarian-born Kamenov,...

Homeless struggling to survive Greece's cruel heat

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Pompano Beach, FL

Akeena

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

Jacksonville, FL

Molton Smith and his neighbors say they’re blindsided by a $4,500 annual property tax hike for a dredging project they never agreed to. “It’s forever,” says Smith. “The Hogpen Creek special district just came out of left field.”

Intracoastal West residents face $4,500 annual tax that many say was a surprise

As the Paris Olympics come to an end, France is turning its focus back on politics with President Emmanuel Macron under pressure to name a new prime minister. Seemingly reluctant to nominate Lucie Castets – candidate from the leftist alliance the New Popular Front – Macron has put off picking a new PM until after the Games.

Clock is ticking: Macron under pressure to name new PM

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Core inflation — less food and energy — remains slightly higher than the all items index. Marking the first month of sub-3% inflation since March 2021, the headline CPI in July was 2.9%, matching the expectations of most market watchers. Over the 12 months ending July, the all items index increased 0.2% after declining 0.1% in June’s cooler-than-expected reading, today’s release from the Bureau of Labor Statistics shows.

Inflation Slows To 2.9% In July

The Olympic flag arrived under bright skies Monday in Los Angeles, where officials now have four short years to organize a Games capable of rivaling the widely praised Paris edition in a notoriously traffic-clogged metropolis. Mayor Karen Bass last weekend said the city will deliver a "no-car Games", a plan met with skepticism by some. FRANCE 24's Wassim Cornet reports.

Mayor, organisers welcome Olympic flag to Los Angeles

NewsBreak

US consumer inflation records smallest annual rise since 2021

The consumer price index (CPI) rose 2.9 percent last month from a year ago, the Labor Department said in a statement, while a measure that strips...

US consumer inflation records smallest annual rise since 2021

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