Fed’s preferred inflation gauge shows price pressures continuing to cool

( ) -q-19- UNDATED (Correspondent Jeremy House) “than 2.5 years.”

The Federal Reserve’s preferred inflation measure cooled last month.

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TAG: Correspondent Jeremy House reporting. It’s the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth. Excluding volatile food and energy costs, increases in so-called core prices also slowed. They rose just 0.2% from September to October, down from a 0.3% increase the previous month. Compared with 12 months ago, core prices rose 3.5%, below the 3.7% year-over-year increase in September.

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VERBATIM: Prices were unchanged from September to October, down from a 0.4% rise the previous month. Compared with a year ago, prices rose 3% in October, below the 3.4% annual rate in September. It was the lowest year-over-year inflation rate in more than 2 1/2 years.

U.S. condemns deadly Hamas shooting in Jerusalem

The White House condemns the deadly shooting attack in Jerusalem [THU] that left at least three people dead. National Security Council spokesman John Kirby said the attack, which Hamas claimed responsibility for, “technically” didn’t violate the terms of the ongoing truce between Israel and Hamas, which only covers Gaza. But he said the shooting is a “stark reminder” of the enemy Israel is facing.Kirby also expressed hope that the Israel-Hamas truce can be extended several more days.

Schumer Vows Ukraine Aid Vote By December 4th

Religious organizations are no longer America’s most trusted charities

Religious organizations are no longer America’s most trusted charities

VERBATIM: The Better Business Bureau puts out an annual list of the wisest places to give your charitable dollars and for many years, churches and ministries were number one. This year, they fall to number three — behind veterans organizations and non-profit hospitals. Religious groups are still the most trusted by Americans in their 60’s and up, however, suggesting that younger people have less trust in those institutions than their parents and grandparents. Michael Harrington, SRN News.

AM SPORTSCAST 11-30

AM SPORTSCAST 11-30