JUSTTHENEWS (Joseph Weber) - Annual inflation rate slows for second consecutive month: Labor Department report
The annualized rate in July was 3.4%, compared to 3.5% in June.
THEAMERICANCONSERVATIVE (Harrison Berger) - U.S. Economy Grew at 1.5 Percent Rate in Second Quarter
State of the Union: The growth rate, released by the Bureau of Economic Analysis, was less than expected. The post U.S. Economy Grew at 1.5 Percent Rate in Second Quarter appeared first on The American Conservative .
Data released by the Bureau of Economic Analysis showed that the U.S. economy grew at an annualized rate of 1.5 percent in the second quarter of 2026, down from the 2.1 percent growth rate in the first quarter of the year. Gross domestic product fell short of economists’ expectations. A Bloomberg poll of economists had predicted a 2 percent growth rate, and a Dow poll predicted a 1.8 percent growth rate. A separate report on personal income and outlays showed U.S. consumer spending rose, with personal consumption expenditures increasing at a rate of 2.1 percent during the second quarter, up 0.4 percent from the first. PCE inflation ticked down 0.1 percent from May to June, but core PCE—which does not include food and energy…Open
NPR (Scott Horsley) - Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
NPR (Cory Turner) - Inflation is sucking the life out of teacher pay raises, report says
A new review of state education data shows teacher pay increases can't keep up with inflation and fewer students are enrolled in public schools.