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July PCE inflation index held at 3.7% annual pace, slightly hotter than expected

The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost pressures for consumers. Economists polled by FactSet had predicted a 3.6% annual increase. Wednesday’s report instead showed that inflation remained unchanged from June. PCE tracks changes…

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What happens to Lindsay Clancy after verdict in murder trial? Legal experts explain potential outcomes.

The jury in the trial of Lindsay Clancy, a Massachusetts mother who killed her three children, will decide if she can be held criminally responsible for the murders.  Clancy, 36, has pleaded not guilty to three counts of first-degree murder in the January 2023 strangulation deaths of her children — 5-year-old Cora, 3-year-old Dawson and…

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