News Wrap: Labor Department report shows inflation is slowing



In our news wrap Tuesday, the U.S. economy is giving fresh hope that the worst of inflation may have passed, stocks surged on the inflation news then eased back to wait for Wednesday’s interest rate decision, a French court convicted eight defendants in a 2016 truck attack that killed 86 people in Nice and the U.S. may send a Patriot missile battery to help Ukraine repel Russian attacks.

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