NEWSNATIONNOW (CHRISTOPHER RUGABER, Associated Press) - Inflation cooled last month as gas prices fell, though costs remain elevated
WASHINGTON (AP) — U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4% in July from a year ago, down slightly from 3.5% in June, [...]