Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome.

Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

Stocks closed higher on Wall Street, notching sizable weekly gains for major indexes.

A post circulating on social media in the Spring Branch community has caused concern. Students at Stratford High School in Spring Branch ISD voiced concern over feeling uncomfortable with a class activity by a teacher who officials said is now on administrative leave.