Gas prices drop sharply after a hitting a national average of $5 a gallon in mid-June

  1. US inflation falls to 8.5% in July

    Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June.

    Region:
    USA
    Category:
    Economy
    US inflation falls to 8.5% in July