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Inflation eased in June: CPI fell 0.4% month-over-month and rose 3.5% year-over-year

Inflation eased in June — CPI down 0.4% month, up 3.5% year

June CPI fell 0.4% month and rose 3.5% year—figures that shape household costs, mortgage and loan expectations, and market moves that touch savings and borrowing.

Scraps 20% Hormuz toll but presses an Iran port blockade

Scrapping a 20% Hormuz toll while pursuing a port blockade could disrupt oil shipments and raise fuel and shipping costs that affect prices for consumers and businesses.

Justices urge Congress for more court security amid rising threats

Sitting justices urged Congress to increase protection amid rising threats, which could change courthouse security, public access, and federal spending on judicial safety.

Fed chair says inflation could fade but gives no rate clue

Fed chair’s upbeat inflation comment without rate guidance leaves homeowners and borrowers unsure about future mortgage and loan costs and market expectations.

Trump plans prime‑time address on “election vulnerabilities”

A national address about voting systems could affect public confidence, influence local election rules, and shape debates about how votes are counted and secured.

DOJ subpoenas New York Times reporters in Air Force One leak probe

Subpoenas for reporters could affect newsroom legal risks, how leak investigations proceed, and broader protections for reporters in future national-security reporting.

Darline Graham sworn in to fill Sen. Lindsey Graham’s seat

Her swift swearing-in preserves GOP Senate numbers and affects South Carolina’s representation and Senate votes heading into the midterms.

Houston DA orders independent probe after ICE fatal shooting

An independent probe, funded by county leaders, seeks answers after an ICE officer fatally shot a Mexican national, with implications for local cooperation and transparency in immigration enforcement.

Medical examiner: Lindsey Graham died of aortic dissection

Official cause of death—an aortic dissection—clarifies circumstances and helps counter misinformation after the senator’s sudden passing.

12 states sue to block Paramount’s $110B Warner takeover

A 12‑state antitrust suit challenging a $110 billion merger could affect streaming options, local content availability and competition that influences prices and choices for viewers.

Earlier on PoliticalDad
Earlier Today
U.S. launches new strikes on Iran as Trump vows to reimpose blockade and 20% Hormuz toll11:18 AM AP
South Carolina governor appoints Lindsey Graham’s sister to fill Senate seat11:18 AM AP
AG nominee Todd Blanche faces Senate hearing over DOJ independence11:18 AM AP
Kagan and Barrett make rare Hill appearance to seek expanded Supreme Court security funding11:18 AM AP
Trump says U.S. will charge 20% toll on ships transiting Hormuz as part of renewed blockade11:18 AM AP
House GOP pushes Pentagon funding while advancing voting restrictions push, amid internal standoff11:18 AM Wash. Post
New York becomes first state to pause new hyperscale data centers for up to a year11:18 AM Wash. Post
Abortion rights and limits head to November ballots in at least four states11:18 AM AP
One of summer’s strongest heat domes grips large swaths of U.S., with records and health warnings11:18 AM AP
U.S. launches strikes as fight for the Strait of Hormuz escalates8:08 AM AP
South Carolina appoints Darline Graham Nordone to Lindsey Graham's seat8:08 AM AP
New York pauses new data centers over AI power worries8:08 AM AP
Inflation cooled in June; CPI down 0.4% month, 3.5% year8:08 AM U.S. Bureau
DOJ subpoenas New York Times reporters over Air Force One leak8:08 AM AP
France and Spain meet in World Cup semifinal in Dallas8:08 AM Al Jazeera
Jay-Z apologizes after security breach delays Yankee Stadium concert8:08 AM CBS News
Rihanna surprises fans with return at Jay-Z show8:08 AM E! Online
Hormuz tensions: strikes and a planned blockade4:55 AM AP News
Judge voids IRS settlement, cites 'improper purpose'4:55 AM AP News
South Carolina appoints Darline Graham Nordone to Senate seat4:55 AM AP News
Medical examiner: Lindsey Graham likely died of aortic tear4:55 AM AP News
Kagan and Barrett to testify on court budget and security4:55 AM Appropriatio
Record overnight heat raises risks and bills4:55 AM Wash. Post
States sue to block $110B Paramount-Warner deal4:55 AM Axios
ICE officer fatally shoots driver in Biddeford, Maine4:55 AM NBC Boston
Ukraine and nine countries launch shared anti-ballistic missile coalition4:55 AM The Guardian
Pilot killed fighting Colorado wildfire near Ouray4:55 AM AP News
Yesterday
Judge scolds Trump-IRS settlement, sanctions lawyers8:08 PM AP
Graham's Senate seat goes to his sister, Nordone8:08 PM CBS News
U.S. strikes Iran; Trump floats charging ships in Hormuz8:08 PM AP
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