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Inflation Has Been Easing Fast, but Wild Cards Lie Ahead

President Joe Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam. But the pressing question now is whether that pace of progress toward slower price increases — one that was long-awaited and very welcome — can persist. The Fed’s preferred inflation measure, the Personal Consumption Expenditures index, is expected to tick up to 4.2% or 4.3% in a report Thursday, after volatile food ....

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Senators press U.S. DOT to increase airline passenger compensation for canceled and delayed flights

Airlines have paid more than $600 million in refunds to hundreds of thousands of passengers for canceled or changed flights since the start of the Covid-19 pandemic, but federal regulators say that some airlines have skirted the rules. ....

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Holiday travel prices already have Americans rethinking their plans

The holidays are right around the corner, and like just about everything these days, prices for travel are going up. ....

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FOXNEWS The Faulkner Focus June 4, 2024 15:51:00

When he became president. it is a slow climb for him back. yep. people are living in the reality of joe biden s policies. they feel the inflation every day in food prices, travel prices. they are watching the crime explode in their communities. and those are the things that most directly touch and affect americans no matter your political stripe. that is where he is experiencing the most political bleed. it is the result of these policies. joe biden s answer is throw them more bureaucracies and more money at the problem and it will get better. it is not getting better. harris: let s talk seriously about what s going on with the democrat party, though. when you see in basically a two-party system, one of them really becoming maybe different with the man at the top. republicans are used to seeing something different on their side of the aisle with trump who is not even in office anymore still having the ability to go out and help people. biden is not getting that. ....

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FOXNEWS FOX and Friends June 4, 2024 10:33:00

To do. join us now host of varney and company on fox business stuart varney. we were talking curing the commercial break. when you go to the grocery store you buy what you need because it s so expensive. you can t buy two or three boxes of toothpaste or stock your freezer with chicken. chicken is up 33%. 8.99 a pound. ground beef up 36%. that comes as a real shock to the system. when did you go to the grocery store and you see this kind of thing. i think this july the 4th weekend is going to bring together a series of crisis cease that are inflicting the administration. the travel prices can you get there with airports in disarray. can you afford the gas, it s 4.88 a gallon now against 3.12 last year on the #th. can you afford to get in the car and drive to the barbecue. then you have got the food. if you look at the farm bureau, for a party of 10, a price for a tookout today is 69.68. ....

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