Economy
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![store](/sites/default/files/styles/card/public/2021-11/GettyImages-73931755_0.jpg?h=199d8c1f&itok=l9XBO2SB)
Inflation rate for June 0.1% less than previous month, annual rate now 3%, Labor Department
The slightly lower rates could be a sign for the Federal Reserve to cut its interest rate.
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![April 15, 2008. A jet comes in for landing at Los Angeles International Airport (LAX) on April 15, 2008 in Los Angeles, California](/sites/default/files/styles/card/public/2024-07/GettyImages-80689618.jpg?h=c6980913&itok=zvNtAcin)
Increased air travel has not resulted in increased airline profits
Airlines move to save money after an increase in air travel lacks profits.
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![Joe Biden speaking on Jobs Report](/sites/default/files/styles/card/public/2023-02/GettyImages%20-%20Joe%20Biden%20speaking%20on%20Jobs%20Report%20-%20Credit%20to%20Chip%20Somodevilla%20-%20Staff.jpg?h=b453f5e2&itok=OQ6xr4K2)
US economy added 206k jobs in June, unemployment rate increased to 4.1%
Jobless rate is the highest since October 2021