Positive inflation report gives boost to Wall Street

A positive inflation report is signaling a possible rate cut at next month's Federal Reserve meeting. It would come as the race for the White House heats up with the economy as the most pressing issue for voters. Connor Hansen has the story.

Fed expected to cut rates in September

The Federal Reserve is expected to cut interest rates when it meets in September. The rate would likely only drop a quarter-point cut, down from its 23-year high.

Kroger, Albertsons in court to defend merger

Two grocery giants, Kroger and Albertsons proposed a $25 billion merger in October 2022. After pushback from lawmakers, the companies went to court Monday to defend their plan.