Housing Costs Surge in July, Accounting for 90 Percent of Total Inflation

Home for sale

The cost of housing surged in July, accounting for nearly 90 percent of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday.

Shelter costs rose 5.1 percent year-over-year and 0.4 percent month-over-month, after rising 0.2 percent in June, the BLS showed. The 0.4 percent monthly increase was greater than Bank of America economists’ expectations of 0.3 percent, according to investment research firm Morningstar.

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Commentary: The Weird, Creepy, Surreal—and Dangerous—2024 Campaign

Kamala Harris, Tim Walz, Donald Trump, and JD Vance (composite image)

The already-long 2024 presidential campaign has become the strangest in modern history.

Here are ten unanswered questions that illustrate how and why we’ve entered this bizarro world:

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Kamala Harris to Roll Out First Major Economic Policy: ‘Price Controls’ for Food and Groceries

Family at grocery store

Vice President Kamala Harris is poised to roll out a proposal to impose a federal ban on supposed corporate “price-gouging” on food and groceries, according to The Hill.

Harris will announce the plan during a Friday speech detailing her economic agenda in North Carolina, where she will blame corporate consolidation and greed for the increased prices Americans are paying for their food and groceries, according to The Hill. The proposal to attribute inflation to corporate greed echoes a common refrain from the Biden administration, which has consistently tried to pin responsibility for inflation on price gouging instead of its massive spending agenda.

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Hackers’ Confab Shows Vulnerabilities in Election Machines Amid Testing Concerns Ahead of November

Hackers at a conference last weekend found numerous vulnerabilities in election machines while the U.S. Election Assistance Commission (EAC) confirmed that current voting systems to be used in the November election have not been tested by third parties for vulnerabilities.

While many vulnerabilities were found in election machines at the conference, Georgia is set to use outdated election machines for the November presidential election, and the EAC doesn’t have a standard testing process in place to search out vulnerabilities in election equipment.

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Montana Supreme Court Rules Minors Do Not Need Parental Consent for Abortions

Justice Laurie McKinnon

The Montana Supreme Court ruled against a law on Wednesday that requires parental consent for minors to obtain an abortion.

The ruling sides with Planned Parenthood, which challenged a 2013 statute called the “Parental Consent for Abortion Act of 2013,” according to the court ruling. Justice Laurie McKinnon, who delivered the court’s opinion, wrote in the ruling that the “classification created by the Legislature” violated a minor’s right “to control her body.”

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Commentary: 10 Things to Know About Tim Walz and His Ties to Communist China

Tim Walz

Vice President Kamala Harris’ selection of Minnesota Governor Tim Walz as her vice presidential candidate seems to be a case of ideological birds of a feather flocking together. In the wake of the selection, Walz has received considerable criticism for his deception and dissembling regarding his military service. He merits equally great criticism for his ties to the Chinese Communist Party (CCP). Here are ten things that you did not know about Tim Walz and the People’s Republic of China (PRC).

First, Walz claimed that he was in the PRC during the June 4, 1989, Tiananmen Square Massacre. One of the authors interviewed him in 2014 when he made this statement, and he later repeated the same falsehood to the media. In reality, Walz did not enter China until September 1989, several months after the massacre. He entered China from Hong Kong as part of the WorldTeach program, which was sponsored by the Harvard Institute for International Development (HIID). HIID was known for being very pro-PRC and had trained many high-ranking Chinese officials. Later, HIID received many millions of dollars from the PRC.

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