Consumer price growth slowed in May, but underlying inflation stayed high

( ) -q-20- UNDATED (Correspondent Jeremy House) “and other items.”

Consumer prices in the United States cooled last month, rising just 0.1% from April to May.

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TAG: Correspondent Jeremy House reporting. The drop-off in overall inflation isn’t likely to convince the Federal Reserve’s policymakers that they’re close to curbing the high inflation that has gripped the nation for two years.

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VERBATIM: Despite the slowdown, some measures of underlying price pressures remained high. Measured year over year, inflation slowed to just 4% in May, well below April’s 4.9% annual rise. The pullback was driven by tumbling gas prices, smaller increases in grocery prices, and other items.

Trump pleads not guilty to federal criminal charges

Former President Trump has pleaded not guilty to federal criminal charges relating to his retention of classified documents. Trump appeared in a Miami courtroom, where his attorney said, “we most certainly enter a plea of not guilty.” The former president is facing charges on 37 criminal counts, including obstructing the government’s efforts to retrieve top secret documents. As he rode in a mototracade to the courthouse, Trump denounced the prosecution in a series of social media posts.

Poll: Majority Of California Voters Say Feinstein Should Resign

Former President Trump Kicks Off Campaign Events

The former President is kicking off his 2024 campaign with two stops along the East Coast. More from Correspondent Bernie Bennett.

Former President Donald Trump kicked off his 2024 White House bid with a stop Saturday in New Hampshire before heading to South Carolina, appearances in early-voting states marking the first campaign events since announcing his latest run more than two months ago.

Those states hold two of the party’s first three nominating contests, giving them enormous power in selecting the nominee.

Mr. Trump and his allies hope the events will offer a show of force behind the former president after a sluggish start to his campaign. In recent weeks, his backers have reached out to political operatives and elected officials to secure support for Mr. Trump at a critical point when other Republicans are preparing their own expected challenges.

Bernie Bennett reporting.

A popular restaurant chain joins the LGBT parade

A popular restaurant chain joins the LGBT parade

VERBATIM: Cracker Barrel, which has made its name serving the kind of food grandma used to make, is being blasted for honoring Gay Pride Month. The chain is well known for the rocking chairs it has around the entrance to its restaurants. It just released a photo of them with one painted in the colors of the rainbow LGBT flag. Cracker Barrel is taking a bit of a risk. Boycotts are already going against Bud Light and Target for the same kind of thing. Michael Harrington, SRN News.

AM SPORTSCAST 6-13

AM SPORTSCAST 6-13