BREAKING: Inflation posting the biggest one-month drop since April 2020.
New June CPI data shows prices fell 0.4% from the previous month — the biggest monthly decline since April 2020 — bringing the annual inflation rate to 3.5% as price pressures continue to ease.
The report lands just as Federal Reserve Chair Kevin Warsh heads to Capitol Hill for his first congressional testimony since taking over the central bank, putting inflation and the path for interest rates back in the spotlight.
BREAKING: June CPI inflation falls to 3.5%, below expectations of 3.8%
Core CPI inflation falls to 2.6%, below expectations of 2.8%.
Month-over-month CPI inflation fell -0.4%, the biggest monthly drop since May 2020.
US stock market futures are surging on the news.
🇺🇦 For the first time in history, Ukrainian troops took part in the Bastille Day parade in Paris
Ukrainian service members marched down the Champs-Élysées alongside French forces and allied troops during France's national day celebrations.
Two Ukrainian pilots also flew over Paris in French-made Mirage fighter jets, highlighting the growing military partnership between Kyiv and Paris.
President Macron was joined by a host of European leaders to celebrate Bastille Day with its traditional parade on Champs-Élysées Avenue.
Military vehicles lined the streets in a display of support for Ukraine and a show of military strength.
Read more: https://t.co/7ScVZJbK9z
Here's the 2010 exchange.
Sen. Lindsey Graham (R-SC): "I just asked you where you're at on Christmas."
Kagan: "Like all Jews, I was probably at a Chinese restaurant."
Justice Elena Kagan on her 2010 confirmation hearing: "Many people have talked about how funny Senator Graham was...What I remember about that hearing was that somehow Senator Graham made me look funny, which is a harder thing entirely, by asking me what I had done on Christmas...many people said to me afterwards that exchange with Senator Graham was the moment my confirmation was sealed."
Full video here: https://t.co/RQiJVbOpGv
I often criticized Lindsey Graham. But this weekend, I learned his full story:
- Orphaned young, he adopted & raised his little sister instead of letting her go into the system.
- Grew up dirt poor, racking balls in his parents’ pool hall.
- In search of opportunity, he joined the Air Force. Served 33 years. Retired a Colonel.
- Then spent decades in Congress, earning respect across the aisle.
- Bashed Trump hard in ~2016, then respected the will of the voters, and grew to become a loyal ally.
- Humble. Devoted to his constituents.
- Driven by patriotism (even when misguided). Never in it for the money. Could've cashed in any time like most of his colleagues.
- That Disney trip everyone mocked? Just a good uncle taking his beloved nieces. He smiled through (and ignored) the hate to protect his family.
RIP to a self-made American original.
Ever seen a fire truck with TWO drivers?
Atlanta Fire’s Truck 10 is a tiller truck — rear driver steers the back end for tight turns in city streets.
[📹 drone_golf]
Lindsey Graham, a longtime Republican senator from South Carolina, died on Saturday at the age of 71 from an "aortic dissection due to arteriosclerotic cardiovascular disease,” according to preliminary findings from the medical examiner.
Dr. Mehmet Oz, administrator for the Centers for Medicare & Medicaid Services, joined ABC News Live to discuss the condition. https://t.co/oirSjZews8
Sam Neill and Jeff Goldblum famously bonded over musical instruments while quarantining on set filming Jurassic World: Dominion in the UK. Goldblum handled the piano while Neill played the ukulele and sang,
RIP Sam Neill
Bryce Dallas Howard has shared a video of the late Sam Neill singing “Blackbird” with Jeff Goldblum and Laura Dern.
“Sam had an immense passion for life. Generous with his wine, his stories, his time. One of the most unassumingly attractive and magnetic people I've ever met.”
This reminds me of storm chaser convergence around the Gary #tornado!
Check out this beautiful Loggerhead Sea Turtle coming up for air today.
What an incredible turtle. Good heavens me.
Never stop chasing
Sen. Tommy Tuberville (R-AL) says his former staffer called 911 on behalf of Sen. Lindsey Graham after Graham said he was experiencing chest pains.
“By the time she got there, 911 had knocked the door down,” Tuberville said. “They were working on him.”
🔥 I'm pretty sure we just witnessed the first ever IndyCar pit stop on White House grounds 🤣
President Trump looks VERY entertained 😂
41 DAYS until our nation's capital becomes a RACE TRACK to celebrate our 250th birthday