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US stocks rally to records on hopes for cuts to interest rates

NEW YORK (AP) — The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 1.1% to top its all-time high set two weeks ago. The Dow Jones Industrial Average climbed 483 points, or 1.1%, and the Nasdaq composite jumped 1.4% to set its own record. Stocks got a lift from hopes that the better-than-expected inflation report will give the Federal Reserve leeway to cut interest rates at its next meeting in September. Lower rates would give a boost to investment prices and ...

Rural health care focus of new Ohio legislative caucus

(The Center Square) — After the signing of President Donald Trump’s One Big Beautiful Bill Act in July, a bipartisan group of 19 Ohio lawmakers plans to put more of a focus on rural health care in the state. The Ohio House Rural Hospital Caucus, led by Reps. Kellie Deeter, R-Norwalk, and Meredith Craig, R-Smithville, want to take advantage of $50 billion in federal funds to protect and strengthen rural health care across the state. “Keeping health care in our communities is vital,” Deeter said. “With new developments at the federal level and the creation of The Rural Health ...

Kennedy visits Atlanta’s CDC

(The Center Square) — U.S. Health and Human Services Secretary Robert F. Kennedy Jr. visited Atlanta’s Centers for Disease Control and Prevention days after a police officer died in a shooting there. The Georgia Bureau of Investigation identified 30-year-old Patrick Joseph White of Kennesaw as the person who opened fire on Clifton Road near Emory University and the CDC on Friday. White died during the incident. DeKalb County Police Officer David Rose was killed. He was a Marine veteran who joined the force in May 2024, according to the department. “Officer Rose, a proud ...

What to know about Defense Secretary Pete Hegseth’s archconservative church network

WASHINGTON (AP) — Defense Secretary Pete Hegseth says he’s proud to be part of the Communion of Reformed Evangelical Churches, an archconservative network of Christian congregations. Hegseth recently made headlines when he shared a CNN video on social media about CREC, showing its pastors arguing women should not have the right to vote. Pastor Doug Wilson, a CREC co-founder, leads Christ Church in Moscow, Idaho, the network’s flagship location. Jovial and media-friendly, Wilson is no stranger to stirring controversy with his church’s hard-line theology and its embrace of ...