Your Morning: Federal Reserve’s favored inflation gauge shows prices easing

Scott Fagerstrom

Updated: Aug 31, 2024 / 07:01 AM CDT

Federal Reserve Chair Jerome Powell participates in a conversation with Economic Club of Washington, DC, Monday, July 15, 2024, in Washington. (AP Photo/Manuel Balce Ceneta)

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Good morning! It’s Saturday, Aug. 31, 2024. Here’s a look at your news across the nation:

1️. Federal Reserve’s favored inflation gauge shows prices easing

FILE - A worker carries bananas inside the Walmart Supercenter on Feb. 9, 2023, in North Bergen, New Jersey. Walmart reports earnings on Thursday, May 17, 2024. (AP Photo/Eduardo Munoz Alvarez, File) — FILE – A worker carries bananas inside the Walmart Supercenter on Feb. 9, 2023, in North Bergen, New Jersey. (AP Photo/Eduardo Munoz Alvarez, File)

2. Trump seeks to activate base at Moms for Liberty gathering

Donald Trump at a campaign rally in Michigan Aug. 29, 2024. — Republican presidential nominee former President Donald Trump speaks during a campaign event at Alro Steel, Thursday, Aug. 29, 2024, in Potterville, Mich. (AP Photo/Alex Brandon)

3. DHS shuts down surveillance blimp program at border

Migrants sit by an iron fence waiting to be processed by the U.S. Border Patrol. — Migrants sit by the iron fence waiting to be processed by the U.S. Border Patrol near the Jacumba Hot Springs after crossing the US-Mexico border on June 13, 2024 in San Diego, California.

4. Top judge orders suspension of X platform in Brazil

FILE – Elon Musk reacts during an in-conversation event with Britain’s Prime Minister Rishi Sunak in London, on Nov. 2, 2023. A little more than a year ago, Elon Musk walked into Twitter’s San Francisco headquarters, fired its CEO and other top executives and began transforming the social media platform into what’s now known as X. (AP Photo/Kirsty Wigglesworth, Pool, File)

5. Starliner return date set; SpaceX woes complicate ISS missions

Boeing Crew Flight Test astronauts Butch Wilmore and Suni Williams pose for a portrait on the International Space Station — In this photo provided by NASA, Boeing Crew Flight Test astronauts Butch Wilmore, left, and Suni Williams pose for a portrait inside the vestibule between the forward port on the International Space Station’s Harmony module and Boeing’s Starliner spacecraft on June 13, 2024. (NASA via AP)

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6-YEAR-OLD GOES VIRAL ANNOUNCING HIS HEART TRANSPLANT

His mother thanked the donor family for making the difficult choice to donate their child’s organs.

John-Henry Lee, 6, sits in a hospital bed — John-Henry Lee went viral announcing he had matched with a donor heart. (Sarah Lee)

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