Inflation cooled in May

Published: June 28, 2024, 3:40 p.m.

The Fed\u2019s preferred inflation gauge shows 2.6% annual gain, getting closer to the target 2%; inflation, economy were big topics in last night\u2019s debate, with both Trump and Biden claiming successes; debate response muted in overseas markets; federal judge levies nearly $5 billion in antitrust damages against NFL.