US strikes northern Iran, hitting a ship accused of trying to break blockade on Islamic Republic

The United States intensified its strikes targeting Iran early Thursday, hitting targets further north as American forces also fired into a ship it accused of trying to break its naval blockade on the Islamic Republic. Tehran retaliated with missile and drone fire targeting Bahrain and Kuwait before dawn. Days of back-and-forth strikes by the U.S. and Iran across the Middle East — and renewed threats to the Strait of Hormuz — have shredded the interim deal to end the Iran war and the region could tip back into all-out war. Already, Iranian officials say U.S. strikes have killed at more…

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The Billionaire Tax Is A Retirement-Security Measure

California voters face a topsy-turvy choice in November, when two competing ballot measures go head to head. Prop. 42, branded as retirement protection, is actually a kill-switch measure that protects billionaire wealth. Prop. 40, called the “Billionaire Tax,” is the one that helps fund the systems retirees depend on. The…

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Inflation is shrinking but these 5 grocery staples continue to shock shoppers — here’s where to buy them for less

Inflation is falling, but your groceries are still expensive. The Consumer Price Index rose 3.5% in June over the past 12 months, cooling from its 4.2% in May, the Bureau of Labor Statistics said Tuesday. While the index — measuring how much the cost of everyday items changes over time — saw the biggest drop since 2020, it’s not good news for grocery shoppers. The fall mostly came from energy, as the index fell 5.7%, the largest one-month drop since April 2020. The gasoline index also decreased by 9.7% over the month. Along with energy costs dropping, auto prices helped…

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