TIME

The annual inflation rate has cooled, according to new data. But here's why that won't translate to lower prices on the shelves.

Yes, Inflation Is Going Down. But Here's Why Prices Aren’t

Menu prices rose last month at just half the rate clocked in June, but the increase was still double the inflation pace for grocery prices, according to the latest pricing update from the federal government. Overall, according to the U.S. Bureau of Labor Statistics (BLS) Wednesday, the Consumer Price Index...

Menu inflation doubles in July, once again outpacing grocery prices

Provo, UT

Black Enterprise

Americans expect it to average 2.3% over the next three years. Americans have been feeling the impacts of inflation for some time. Now, they’re getting fed up with the higher prices. Consumers are looking for bargains or simply refusing to buy items they feel are too expensive, which economists say could drive prices back to pre-pandemic levels.

Fed Up With High Prices, Consumers Are Helping To Bring Down Costs Associated With Inflation

USA TODAY

The Daily Money: Inflation eased in July

Markets Insider

Shelter costs the final obstacle to inflation falling back dow to 2%

Housing costs are the final obstacle to inflation falling back to earth

POLITICO

Fissures are forming in the economy just as the Fed’s long-running fight against inflation looks to be nearing its conclusion.

Inflation is easing. Now, Harris has an even bigger problem with the economy.

Polk County, FL

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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

A major data breach that reportedly includes Social Security numbers has put many people on edge about identity theft and the possibility that their personal information has been exposed online. National Public Data, a background check and public records company, is facing a flurry of class action lawsuits about the...

Was Every American's Social Security Number Really Just Hacked?

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NewsNinja

"I worked at Walgreens for 4 years. There was never a dress code for customers". A Walgreens shopper says a manager kicked her out of the store for not following the store’s dress code, sparking outrage in a viral TikTok.

I didn’t realize you had a new dress code for customers: Walgreens shopper says she was forced out

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

Axios

Walmart is slashing prices amid broader signs that the inflation crisis is over. Why it matters: The nation's biggest retailer is aiming to extend its competitive advantage by discounting products at a time when consumers are looking for deals. Between the lines: Walmart said today that it has cut prices...

Walmart cutting prices as inflation slows

Las Vegas, NV

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Colorado State

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

The Center Square

(The Center Square) – Consumer prices rose again last month after dipping in June, according to newly released federal inflation data.
                The U.S. Bureau of Labor Statistics on Wednesday released its Consumer Price Index, a key marker of inflation, which showed that consumer prices rose 0.2% in July, part of a 2.9% increase over the past 12 months.
                The data is the latest step in Americans’ struggle with higher costs....

Consumer prices rise in latest federal inflation data

Kentucky State

Northern Kentucky Tribune

Major changes to how real estate transactions are conducted are set to take affect this month that will effect how both sellers, and buyers, compensate their agents. On March 15, the National Association of Realtors (NAR) settled a lawsuit brought by home sellers regarding how broker commissions were handled. As a result of that settlement, the NAR will remove agent compensation amounts from Multiple Listing Services, provide detailed compensation information to buyers and sellers and attain a written agreement outlining that compensation structure.

Broker commissions on real estate transactions will look a lot different starting August 17

The Federal Reserve is widely expected to bring about a long-awaited interest rate cut during its next meeting. But just how big will that potential rate cut be?. The central bank held interest rates steady in July — a move that was expected and kept rates at the 5.25% to 5.5% range. But Fed Chair Jerome Powell said at the time that the first rate cut since the early days of the COVID-19 pandemic could be coming as soon as the next Federal Open Market Committee (FOMC) meeting Sept. 17-18.

How Low Will Interest Rates Go? Experts Predict the Fed's Upcoming Cut

The Independent

The jump in the overall rate of inflation in July to 2.2% has been caused by price rises accelerating across a range of everyday items, as well as the cost of some goods and services not falling quite as fast as they did in June.Changes in the price of domestic fuels have helped drive the increase.The average cost of household gas fell by 22.8% in the year to July, a much smaller decrease than the drop of 37.5% in the year to June.The cost of electricity showed a similar trend, dropping by 19.5% in the year to July compared with...

Inflation: The everyday supermarket items that have gone up in price

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

The kids really are all right, at least when it comes to saving for retirement. New research finds that younger American workers are actually positioned to have greater financial security in their post-work years than older generations. Just over a third of Gen Z workers and 44% of millennial workers...

Boomers Are at Higher Risk of Running Out of Retirement Money Than Younger Workers

NewsBreak

From Airfare to Used Cars, These 6 Things Are Getting Cheaper as Inflation Cools

As inflation continues to slow, some items like furniture and used cars are leading the pack with price drops. On an annual basis, prices of goods...

From Airfare to Used Cars, These 6 Things Are Getting Cheaper as Inflation Cools

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