Recent strikes have sent oil prices climbing again, with average gas price per gallon up by $0.70 compared with 2025 Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics. The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the start of the war, largely because of higher energy prices. After mostly staying under 3% since mid-2024, CPI reached a three-year high of 4.2% in May – up from 2.4% in February. Month-over-month, CPI fell 0.8% in June, the largest one-month decrease since April 2020. Continue reading... from The Guardian https://ift.tt/eHywGU9 via IFTTT
Jerry Smith condemns opinion written by Jeffrey Brown and mentions Soros name 17 times in 104-page dissent
In a highly unusual opinion, a US federal judge berated his fellow judge with a series of personal attacks, and suggested that the billionaire George Soros had a role in an opinion striking down Texas’s congressional districts.
The 104-page dissent from US district judge Jerry Smith, a Reagan appointee, was issued a day after two of his colleagues on a three-judge panel said the new congressional map Texas adopted earlier this year was likely unlawful because it discriminated against non-white voters.
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