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.

The Associated Press

WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. Consumers aren’t cutting back enough to cause an economic downturn. Rather, economists say, they appear to be returning to pre-pandemic norms, when most companies felt they couldn’t raise prices very much without losing business.

Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike

Fox Business

Harvard economist Kenneth Rogoff argued that the Federal Reserve will have trouble getting inflation down to 2% without a recession.

Harvard economist says food prices are leaving him in 'state of shock'

Markets Insider

Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yardeni predicted.

The Fed will only cut rates once this year because the US economy is too strong, market vet says

Baowu, the largest steelmaker, has warned that a "harsh winter" was coming for the industry that could be worse than the 2008 crisis.

The world's biggest steelmaker warns of a looming industry crisis that will outpace 2008's downturn

shefinds

Prince Harry and Meghan Markle’s interview with CBS Sunday Morning has already caused controversy for a number of different reasons. And now the Duchess of Sussex has come under fire for her alleged behavior backstage!
According to reports, roy...

Meghan Markle Was Reportedly 'Screaming' Backstage After CBS Interview Over Unexpected Question Asked: 'She Had A Meltdown'

The US Sun

A GIRL has been found dead with her throat slashed at a home on the Gold Coast in Australia. Emergency services rushed to the scene but the 10-year-old couldn’t be saved. A parent is said to have made the shock discovery. She was found just after 6pm at a home in Emerald Lakes, Carrara. A […]

Horrified parent finds daughter, 10, dead with ‘throat slashed’ at home in Australia sparking massive police probe

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Shin

In a surprising turn of events, decades-old footage has reignited the debate about the origins of speech, revealing that our closest living relatives, chimpanzees, may possess the neural foundation necessary for vocalizing human words.

Chimpanzees Spoke Human Words in Stunning Footage Recovered by Scientists

Business Insider

Conway urged Donald Trump on Monday to halt his name-calling and racial insults against Kamala Harris and instead focus on her policies.

Kellyanne Conway joins the chorus of Republicans urging Trump to back off the Harris insults

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

The Independent

 Remarkable new scientific research at Stonehenge has revealed an extraordinary new mystery. Mineralogical tests on the massive six-tonne stone at the heart of the monument show that this central rock, known as the altar stone, was brought to Stonehenge from the far north of Scotland.The altar stone is arguably the most ritually important stone in Stonehenge, because it is the rock that marks the intersection of the prehistoric temple’s two most important celestial alignments – the winter solstice sunrise to summer solstice sunset alignment, and the summer solstice sunrise to winter solstice sunset alignment. It’s already known that some...

Mystery of Stonehenge deepens after ‘jaw-dropping’ discovery

24/7 Wall St.

: Most big companies seem overvalued, with the S&P 500 trading at high multiples. Warren Buffett’s recent stock sales hint he’s preparing for a potential market downturn. He may be waiting for a major correction to make big acquisitions, as he did in 2008. When things turn down, dividend stocks can be a safe […]
The post Buffett Signals a 2008 Sized Collapse appeared first on 24/7 Wall St..

Buffett Signals a 2008 Sized Collapse

Alabama State

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Los Angeles County, CA

Herbie J Pilato

It's been 21 years since actress/singer Nell Carter, best known for the 1980s NBC sitcom, Gimme a Break!, died of natural causes at only 54. This is her story. Nell Carter was born September 13, 1948, in Birmingham, Alabama. After initially finding fame on and off-Broadway, and via a brief role in 1977 on the TV datime drama, Ryan's Hope, Carter took the lead in Ain't Misbehavin'!, a live stage revue of the works of composer Fats Waller.

The Brief Life & Tragic Death of Nell Carter ('Gimme A Break' & 'Ain't Misbehavin'): 21 Years Later

Fox News

Fox News host Laura Ingraham discusses problems working-class Americans are facing under the Biden-Harris administration on "The Ingraham Angle."

LAURA INGRAHAM: There's something 'deeply wrong' with Kamala Harris

Mediaite

Nancy Pelosi said she was "shocked" after watching President Joe Biden's May debate with Donald Trump and recommended the president not do the event at all.
The post ‘I Was Shocked’: Nancy Pelosi Reveals She Had ‘Never Seen’ Biden Like He Looked Entering the Debate Stage first appeared on Mediaite.

‘I Was Shocked’: Nancy Pelosi Reveals She Had ‘Never Seen’ Biden Like He Looked Entering the Debate Stage

Bitcoin’s volatility saw a slight uptick as US inflation numbers clocked in. The US Bureau of Labor Statistics just published its monthly Consumer Price Index (CPI) report, and the results are in line with what was expected. The CPI measures the average change over a certain time in the...

US Inflation Numbers as Expected, Bitcoin Registers Slight Volatility

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

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

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

Pit bulls are one of the most controversial and misunderstood dogs in America. They are subject to breed-specific legislation (BSL), which exists in over 700 US cities and communities. BSL refers to laws that restrict or ban ownership of dogs based on breeds, particularly pit bulls, due to their reputation for being dangerous and aggressive.

How pit bulls got a bad reputation

NewsBreak

The inflation crisis appears to be over. What happens next?

Economic data released this week suggests inflation is continuing to cool, paving the way for the Federal Reserve to lower interest rates, which would relieve some...

The inflation crisis appears to be over. What happens next?

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