RNN August 26th 2026
U.S. Inflation Holds Steady in July:
Consumer prices rose 3.7% in July year-over-year, matching June's rate, but remaining above the Federal Reserve's 2% target.
Stubbornly high costs—driven by recent gas and energy price rebounds—remain a central mid-term election issue, with President Donald Trump threatening new tariffs on Canada and China.
Meta Settles $17 Billion Federal Lawsuit:
Meta agreed to a $17 billion settlement and new child safety features (including daily time limit hard caps and mandatory pauses) on Facebook and Instagram, resolving a lawsuit brought by 29 states over youth…
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