Summary : The Fed’s preferred measure of inflation leapt 6.8% year over year in June, or 4.8% with food and energy exempted — slightly higher than economists had predicted. Americans’ spending rose 1.1% last month, much faster than 0.3% in May. Pelosi said they’ll come to the House floor the second week of August instead, but the move “stings for many centrists,” report Sarah Ferris, Nick Wu and Jordain Carney. AP’s Sam Metz has the telling story of what happened when election fraud conspiracy theories overran vast, conservative Nye County, Nev., forcing local leaders to plan to hand-count every ballot and pushing the longtime clerk who administers elections out the door.
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