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WASHINGTON AP 鈥?Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it
stanley cup reached in June.Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June. On a monthly basis, prices were unchanged from June to July, the smallest such rise more than two years.WATCH: How Democrats coalesced around the Inflation Reduction ActStill, prices have risen across a wide range of goods and services, leaving most Americans worse off. Average paychecks are rising faster than they have in decades 鈥?but not fast enough to keep up with accelerating costs for such items as food, rent, autos and medical services.Last month, excluding the volatile food and energy categories, so-called core prices rose just 0.3% from June, the smallest month-to-month increase since April. And compared with a year ago, core prices rose 5.9% in July, the same year-over-year increase as in June.President Joe Biden has poi
stanley cup nted to declining gas prices as a sign that his policies 鈥?including large releases of oil from the nation stra
stanley cup tegic reserve 鈥?are helping lessen the higher costs that have strained Americans ; finances, particularly for lower-income Americans and Black and Hispanic households.Yet Republicans are stressing the persistence of high inflation as a top issue in the midterm congressional electi Wqiw What we learned from Walter Mischel, the late creator of the marshmallow test
HONOLULU 鈥?President Barack Obama is looking for
nike dunk ways to keep guns out of the hands of a dangerous few without depending on Congress to pass a law on the fraught subject of gun control.He says he ;ll meet his attorney general, Loretta Lynch, on Monday to see what executive actions might be possible. Steps to strengthen background checks could come this week.The gun lobby is loud and well organized in its defense of effortlessly available guns for anyone, Obama said in his weekly radio address. The rest of us are going to have to be just as passionate and well organized in our defense of our
jordan kids.He said he gets so many letters from parents, teachers and children about the epidemic of gun violence that he can ;t 8220 it around and do nothing.Obama recently directed staff at the White House to look into potential executive actions.Currently, federally licensed firearms dealers are required to seek background checks on potential firearm purchasers. But advocacy groups say some of the people who sell firearms at gun shows are not federally licensed, increasing the chance of sales to customers prohibited by law from purchasing guns.A source familiar with the administr
stanley cup ation efforts said Obama is expected to take executive action next week that would set a reasonable threshold for when sellers have to seek a background check. That person didn ;t know whether it would be bas