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U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4% in July from a year ago, down slightly from 3.5% in June, the Labor Department said Wednesday. But inflation is still higher than before the Iran war began in February, when it was 2.4%. On a monthly basis, prices rose just 0.1% from June to July. Read moreInflation cooled last month as gas prices fell, though costs remain elevated

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The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a year. This sale agreement is $12.5 billion, according to a person familiar with the terms who spoke to The Associated Press on condition of anonymity Wednesda… Read moreA blockbuster $12.5B deal as Josh Kushner and Bob Iger buy the Los Angeles Lakers, AP source says

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Lawyers for the man charged with killing conservative activist Charlie Kirk say he shouldn’t be eligible for the death penalty because the shooter hit the “intended target” during an event attended by thousands of people last year in Utah. Defendant Tyler Robinson’s attorneys say prosecutors… Read moreDefense in Charlie Kirk's killing say shooter hit the 'intended target,' did not endanger others