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AXIOS (Emily Peck) - Inflation has biggest drop since 2020

Inflation fell in June, on the back of lower energy prices, the government said Tuesday. Why it matters: It's the largest one-month decrease since April 2020, but it may be a short-lived reprieve — the report doesn't account for the sharp increase in oil prices this month as the Iran war re-ignites. By the numbers: Still, inflation is pretty hot. The Consumer Price Index rose 3.5% in the 12 months through June — down from 4.2% in May. - On a monthly basis, prices fell 0.4%, after increasing 0.5% in May. Zoom in: The CPI for energy fell 5.7% in June, after climbing 3.9% in May — it was the largest factor in the June fall in inflation. - Core CPI, which excludes more volatile food and energy prices, rose 2.6% in June, after…

Inflation fell in June, on the back of lower energy prices, the government said Tuesday. Why it matters: It's the largest one-month decrease since April 2020, but it may be a short-lived reprieve — the report doesn't account for the sharp increase in oil prices this month as the Iran war re-ignites. By the numbers: Still, inflation is pretty hot. The Consumer Price Index rose 3.5% in the 12 months through June — down from 4.2% in May. - On a monthly basis, prices fell 0.4%, after increasing 0.5% in May. Zoom in: The CPI for energy fell 5.7% in June, after climbing 3.9% in May — it was the largest factor in the June fall in inflation. - Core CPI, which excludes more volatile food and energy prices, rose 2.6% in June, after…Open

AXIOS (Neil Irwin) - Fed's Warsh stays mum on rate plans, pledges price stability

Federal Reserve chairman Kevin Warsh will tell Congress Tuesday that the central bank is determined to restore price stability, but again offered little guidance as to whether it may need to raise interest rates to achieve it. The big picture: Warsh has sought to end the Fed's modern practice of giving clear signals about its expected policy path, and continued that practice in his first congressional testimony as chairman. - It comes as some of his Fed colleagues are debating whether there is a need for rate hikes as early as two weeks from now — or at least what might prompt them. - The testimony also comes as the Labor Department released new data showing the Consumer Price Index was up 3.5% over the last 12 months, or 2.6%…

Federal Reserve chairman Kevin Warsh will tell Congress Tuesday that the central bank is determined to restore price stability, but again offered little guidance as to whether it may need to raise interest rates to achieve it. The big picture: Warsh has sought to end the Fed's modern practice of giving clear signals about its expected policy path, and continued that practice in his first congressional testimony as chairman. - It comes as some of his Fed colleagues are debating whether there is a need for rate hikes as early as two weeks from now — or at least what might prompt them. - The testimony also comes as the Labor Department released new data showing the Consumer Price Index was up 3.5% over the last 12 months, or 2.6%…Open

AXIOS (Josephine Walker) - U.S. Trade Representative Jamieson Greer rejects EU's tech rules

Europe must take "concrete actions" to rein in its enforcement of laws that disproportionately hit American tech companies, U.S. Trade Representative Jamieson Greer said at Axios House D.C. on Tuesday. Why it matters: At stake is who gets to write the rules for the world's dominant tech companies — Washington or Brussels — and Greer wants America to lead the way on how its companies operate. What they're saying: "People differ on how big tech should be treated," Greer told Axios' Mike Allen on Tuesday. - "What I can tell you is we're not going to let Europe control the global regulation of our companies, which generally give a lot of free services to consumers and provide a lot of consumer welfare." - "So, whatever challenges we…

Europe must take "concrete actions" to rein in its enforcement of laws that disproportionately hit American tech companies, U.S. Trade Representative Jamieson Greer said at Axios House D.C. on Tuesday. Why it matters: At stake is who gets to write the rules for the world's dominant tech companies — Washington or Brussels — and Greer wants America to lead the way on how its companies operate. What they're saying: "People differ on how big tech should be treated," Greer told Axios' Mike Allen on Tuesday. - "What I can tell you is we're not going to let Europe control the global regulation of our companies, which generally give a lot of free services to consumers and provide a lot of consumer welfare." - "So, whatever challenges we…Open

THEAMERICANCONSERVATIVE (Harrison Berger) - Lindsey Graham’s Sister Selected as Late Senator’s Replacement

:State of the Union: South Carolina Republicans will choose their new Senate nominee in a special primary in August ahead of the November general election. The post Lindsey Graham’s Sister Selected as Late Senator’s Replacement appeared first on The American Conservative .

Darline Graham Nordone, the sister of recently deceased Sen. Lindsey Graham (R-SC), was selected by South Carolina Governor Henry McMaster on Monday to fulfill the remainder of her brother’s Senate term, which will end in January 2027. In a Truth Social post on Monday, President Donald Trump said that he recommended Nordone for the position to McMaster, saying the selection “would be a fabulous tribute to Lindsey, who loved her dearly!” Graham died over the weekend at the age of 71. A special primary election is scheduled to be held in August to select a new South Carolina Republican nominee for the Senate in the general election. Lindsey Graham had won the GOP primary and was running for a fifth term as Senator. The post…Open

YOUTUBE (Newsmax) - Carl Higbie Frontline (July 13, 2026) | NEWSMAX

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On this July 13, 2026 edition of Carl Higbie Frontline, guest host Lidia Curanaj tackles the headlines making an impact across politics, current events, and the national conversation. Guests joining the show include Rep. Pat Fallon, Richard Staropoli, Bob Brooks, Sen. Ron Johnson, Rick Santorum, Chrissy Clark, Luke Ball, Dr. Rebecca Grant, Brent Sadler, Andrew Craft and Vickie Paladino.

YOUTUBE (NewsNation) - Man fatally shot by ICE in Maine was not intended target of warrant

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A 26-year-old Colombian national is dead after a shooting involving an Immigration and Customs Enforcement officer took place Monday in Maine, NewsNation has confirmed. NewsNation's Marcus Espinoza reports the latest on "Morning in America." Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.