Election 2024 live: Kamala Harris endorsed by Obamas as she gains momentum in polls

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall.

Prices rose just 0.1% from May to June, the Commerce Department said Friday, up from the previous month’s unchanged reading. Compared with a year earlier, inflation declined to 2.5% from 2.6%.

President Joe Biden released the following statement:

Today’s report shows we are making real progress fighting inflation. Over the last year, inflation has come down to 2.5% at a time when the economy has grown 3.1%, we’ve created 2.6 million new jobs, and wages are rising faster than prices. The agenda that Vice President Harris and I are fighting for has helped us come back strong from the worst economic crisis since the Great Depression and deliver for working families.

We’re going to keep building on this progress to lower costs for all Americans by expanding on our success capping prescription drug costs and building more homes to lower rents. Congressional Republicans have a different plan, one that would “reignite” inflation by giving more massive tax cuts to the ultra-wealthy while raising costs for working families by taxing all imports. While they fight for special interests, the Vice President and I will keep fighting to rebuild the middle class.

ABC News reports that Minnesota Governor Tim Walz has emerged as a popular choice among labor unions as a potential running mate for Kamala Harris.

Sources told the network that Walz has drawn support for his record of pro-labor legislation in a blue-leaning state and his potential appeal with voters in Midwest battlegrounds Wisconsin and Michigan.

Joe Sommerlad has the story.

Transportation secretary and potential running mate for Kamala Harris Pete Buttigieg said today on Morning Joe about Trump backpedaling on debating Harris: “It’s extraordinary. Tough talk is this guy’s calling card, and there’s this extraordinary show of weakness.”

Outside police agencies that will help to secure the Democratic National Convention (DNC) in Chicago next month will not be posted in city neighborhoods, Police Superintendent Larry Snelling said on Thursday as federal authorities released maps of convention security perimeters.

The renewed attention on out-of-town police comes after Ohio officers stationed in Milwaukee for the Republican convention last week fatally shot a man at a park not far from the Fiserv Forum.

What began as the “age” election is now the “gender” election, writes Mary Dejevsky – but will being a woman tip the balance in Harris’s favor?

The President’s address to the nation on Wednesday night to explain his decision not to seek re-election has, inevitably, inspired a slew of internet nonsense about him being replaced by a body double.

Here’s Jake Brigstock of Indy100 to examine the evidence.

US Transport Secretary Pete Buttigieg has been doing some fine work stumping for Kamala in recent days but was suddenly much more evasive when asked straight out on MSNBC’s Morning Joe today whether he could be her running mate.

Here he is sticking it to Trump on Harris’s behalf for dropping out of the September 10 TV debate, incidently.

More than 40 former Department of Justice (DOJ) officials who served under both Republican and Democratic presidents have signed a letter endorsing 2024 presidential candidate Kamala Harris, according to a new report.

The letter – which includes the signatures of former attorney general Loretta Lynch, former deputy attorneys general Sally Yates, David Ogden and Jamie Gorelick and the top Washington prosecutor during George W Bush’s administration, John McKay – paints Harris as a common sense candidate who will respect the rule of law.