U.S. consumer prices rose 3.4% in July from a year earlier, down from 3.5% in June, as gasoline eased and core inflation hit a post-pandemic low. Prices still outpace wage growth heading into the midterms.
President Trump announced that White House press secretary Karoline Leavitt will leave her role at the end of August to spend more time with her family and become an outside advisor. Her successor has not been named.
Twitch says users can now stop parent company Amazon from feeding their content into AI training, but the opt-out default has drawn heavy criticism from creators.
Ukraine launched a large aerial and naval-drone strike on the Russian port of Novorossiysk, damaging two grain terminals and warships at the fleet's main harbor. Analysts warned the attack could ripple through global food markets.
The ACLU and co-plaintiffs asked a federal judge to enjoin President Trump's revised birthright citizenship executive order, arguing it defies the Supreme Court's June ruling.
Forecasters project a modest July inflation increase as falling gas prices offset tariff-driven goods costs, with the reading shaping the Fed's rate path.
Pakistani officials say the U.S. and Iran are edging toward an agreement, even as Tehran and Washington trade tougher public conditions over reparations and shipping access.
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