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Story summary
- U.S. employers added only 57,000 jobs in July, half of June’s gain.
- Consumer confidence index fell to 90.8 in July from 92.2 in June.
- AAA reported that the average U.S. gasoline price rose to $4.10 per gallon on Tuesday.
- Inflation increased to 3.5% from 3% in Jan 2025 after the Iran-U.S. conflict began Feb. 28.
- Ground beef cost $6.82 per pound in June, 79% above early 2019 levels.
