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    The Big Number: 2.9%

    The rate of inflation in July on a yearly basis.Inflation slowed in July, the Consumer Price Index showed, increasing 2.9 percent from a year earlier. That was a drop from 3 percent in June, and it marked the first time that inflation had fallen below 3 percent since 2021.Inflation is still higher than the Federal Reserve’s target of 2 percent, but it has fallen well below the high of 9.1 percent reached in June 2022. The report on Wednesday was another data point to suggest that the Fed will cut interest rates when it meets next month.“It doesn’t mean our work is done, but it does mean we’re moving in the right direction, and with a bit of momentum,” Jared Bernstein, chair of the White House Council of Economic Advisers, said in an email after the release of the report.The Fed started raising interest rates in March 2022 to slow demand and bring price pressures under control after a run-up during the Covid-19 pandemic. Since July 2023, the Fed has held rates steady at about 5.3 percent, the highest level in more than two decades.But evidence like Wednesday’s report makes it all the more likely that the central bank will begin cutting rates, especially after the unemployment rate last month ticked up to 4.3 percent. Historically, increases in joblessness like the one in July have been an indicator of a recession.Still, consumer spending has remained robust while the economy has continued to grow.Can the growth continue? That is the unanswered question at the moment.“The government is taking action to ensure that these products do not turn the dream of homeownership into a nightmare.”Rohit Chopra, the director of the Consumer Financial Protection Bureau, on the agency’s intention to crack down on seller-financed home sales, a predatory practice.“You can’t compare a machine-made cookie with a handmade cookie. It’s like comparing a Rolls-Royce with a Volkswagen.”Wally Amos, the creator of the cookie brand Famous Amos, said in an interview with MSNBC in 2007. He died Tuesday.“We took what people thought were Tubi’s perceived weaknesses — older content, no stars, lower-budget movies — and we made it our strength.”Nicole Parlapiano, Tubi’s marketing chief, on how Tubi has become one of the most popular streaming services.

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    He Made a Game About a Joyous Journey. He Also Got a Bit Lost.

    Anthony Tan was 16 when his idea for a video game about a deer caught the industry’s eye. Nine years later, he’s still working on it.Anthony Tan’s hands shook as he took his seat in a dark Los Angeles theater. The neon green lights sporadically illuminated the 7,000 faces around him.Tan, a solo video game developer, was just 20 years old. Yet a trailer for his game, Way to the Woods, was about to share screen time with dozens of other coming Xbox titles, including those from mega-franchises like Gears of War and Halo. Unlike those games, created by teams of hundreds with eight- or nine-figure budgets, Tan had built his alone in his spare time, buoyed by grant funding.By the time he sat down in the theater at Microsoft’s annual hype-building event, in June 2019, Tan had watched his trailer more than 100 times. He knew every note, every camera pan. As the lights dimmed and the screen faded to black, he was too nervous to look. Everyone else watched his game’s stars — a deer and a fawn — appear onscreen, pushing a railway handcar across a golden plain.Even before the event was over, Tan’s phone blew up with Twitter messages from strangers. Millions of people had been watching the livestream online. Some praised the game’s art style, which Tan said was inspired by the Studio Ghibli movies “Princess Mononoke” and “Spirited Away”; others were intrigued by its unusual main characters.Tan was now shaking from adrenaline, not nerves.“It was absolutely exhilarating,” he said.Tan’s game about animals navigating an abandoned world had struck a chord. The final seconds of his stylish, mysterious trailer made a promise, or as close to one as the world of video game development allows: “Coming 2020 … for real this time.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Saving Conservatism From Trumpism

    More from our inbox:The Candidates’ Foreign ExperienceA Loss of Diversity in Network NewsProtecting School LibrariesIndependent Voters Thalassa Raasch for The New York TimesTo the Editor:Re “How to Save Conservatism From Itself,” by David French (column, Aug. 12):I commend Mr. French for declaring his intention to vote for Kamala Harris despite his pro-life convictions. And although I do not share his anti-abortion stance, I respect his beliefs.However, in my view Mr. French is mistaken to think that if Donald Trump is defeated in November, there is hope for a conservatism that demonstrates real compassion.Mr. Trump has not become the standard-bearer of the Republican Party against its will; on the contrary, he has articulated (in his most inarticulate way) the fanaticism of today’s conservative movement in America.Absolutism in regard to abortion, gun ownership, immigration, tax cuts for the wealthy, the slashing of benefits for the impoverished — these are the bedrock beliefs of today’s conservative movement, with or without Donald Trump. Who are the compassionate, compromise-seeking Republican leaders waiting in the wings to command a majority of voters once Mr. Trump somehow exits the stage?Donald Trump is a symptom, not the cause, of where the Republican Party finds itself today. Until honorable, conservative-minded people like Mr. French recognize this, it seems impossible to me that the Republican Party can rise from its ashes.Barth LandorChicagoTo the Editor:I don’t think one man’s vote will “save conservatism from itself,” but every vote counts, so I’m sure Kamala Harris will appreciate David French’s.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Price of Getting Inked

    Whether it’s the expense of getting tattooed or the cost to have one removed, Americans are paying for their ink.Julia Rothman and Aug. 16, 2024Mike Weiss has at least 70 tattoos, stretching from his shoulders to his ankles. Since getting his first in 2011, he has spent roughly $13,000 on them.Mr. Weiss, 31, a group fitness instructor based in Larchmont, N.Y., is one of millions of Americans who have gotten inked. Once considered countercultural — something for sailors and misfits — tattoos are now culturally ubiquitous: Nearly one-third of American adults have at least one, according to a survey by Pew Research.And business is booming like never before. The global tattoo market, which currently brings in about $2.2 billion, is expected to grow to more than $4 billion by 2032, according to Fortune Business Insights, a market research firm. There are over 20,000 tattoo parlors in the United States. Kari Barba, 64, is a tattoo artist and the owner of Outer Limits, which has two locations in California. She opened her first shop in 1983.

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    We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    A Memoir Offers an Insider’s Perspective Into the Pentagon’s U.F.O. Hunt

    In “Imminent,” the former intelligence official who ran a once-secret program shares some of what he knows.Luis Elizondo made headlines in 2017 when he resigned as a senior intelligence official running a shadowy Pentagon program investigating U.F.O.s and publicly denounced the excessive secrecy, lack of resources and internal opposition that he said were thwarting the effort.Elizondo’s disclosures at the time created a sensation. They were buttressed by explosive videos and testimony from Navy pilots who had encountered unexplained aerial phenomena, and led to congressional inquiries, legislation and a 2023 House hearing in which a former U.S. intelligence official testified that the federal government has retrieved crashed objects of nonhuman origin.Now Elizondo, 52, has gone further in a new memoir. In the book he asserted that a decades-long U.F.O. crash retrieval program has been operating as a supersecret umbrella group made up of government officials working with defense and aerospace contractors. Over the years, he wrote, technology and biological remains of nonhuman origin have been retrieved from these crashes.“Humanity is, in fact, not the only intelligent life in the universe, and not the alpha species,” Elizondo wrote.The book, “Imminent: Inside the Pentagon’s Hunt for U.F.O.s,” is being published by HarperCollins on Aug. 20 after a yearlong security review by the Pentagon.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Dolphin Attacks Spoil Summer Along a Stretch of Japanese Beaches

    Nearly 50 beachgoers have been attacked in the past three years. Some marine experts suspect it may be the work of a single “lonely” dolphin.At the beaches along an idyllic coastal stretch of central Japan, lifeguards scan the water, poised to call swimmers back to shore at the hint of a fin. Sharp teeth bare from posters warning beachgoers to be careful because, for the third year running, there is danger in the water.No, it’s not sharks. It’s dolphins. Possibly just a single lonely, sexually frustrated dolphin.In Wakasa Bay, about 200 miles west of Tokyo, dolphin attacks have injured at least 47 people since 2022. Many of them suffered minor bites on their hands, but a few were rushed to hospitals with broken bones or wounds that needed stitches.In 2022, 21 people reported injuries from dolphin attacks along a stretch of beaches near the town of Echizen, according to the police in Fukui Prefecture. Most were reported in what one Japanese media outlet called the “dolphin threat summer.” One man told local media that he was swimming close to the shore when a dolphin bit his arm and tried to force itself on top of him, almost pushing him underwater.The next year, the attacks were concentrated on beaches down the coast near the town of Mihama. In 2023, 10 people were injured, a Fukui police spokesman said. In one case, a man was left with broken ribs.Since July 21 this year, 16 people have been injured in dolphin attacks, mainly off the beaches near Mihama and the nearby Tsuruga city, according to local officials. Two of them had serious hand injuries that needed dozens of stitches.A poster that local authorities have put up at some beaches to warn of dolphin attacks.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    How Air-Conditioning Made Us Expect Arizona to Feel the Same as Maine

    It’s a quiet force that contributes to a sameness across the country and to climate change.One force has quietly shaped much of the world around us — our homes, our offices, the look of our cities, the migration patterns of Americans and the economic fortunes of different parts of the country.That is: air-conditioning.It’s become so widespread as to be unremarkable, an assumed feature of every interior environment. Nearly 90 percent of Americans use some kind of air-conditioning at home. It is humming in the background just about everywhere else you go: in your car, at the mall, on an airplane.But, as we discuss in an episode of “The Daily” podcast today, our dependence on it increasingly poses a knotty problem, as the energy needed to power all this air-conditioning produces emissions that contribute to the warming world. The more we use the thing that helps us cope with heat, the hotter it will get.“This cycle where air-conditioning is both the solution and the problem is really where we’re collectively kind of stuck,” said Daniel Barber, head of the school of architecture at the University of Technology Sydney.Or, as he has written more bluntly: The comfort air-conditioning gives us inside is predicated on the worsening instability of the climate outside.My colleagues Ronda Kaysen and Aatish Bhatia wrote about an illustration of this relationship on Monday. In some of the fastest-growing major metro areas in the U.S., like Las Vegas, the nights are rapidly getting hotter. That drives demand for even more air-conditioning. And in fact, without air-conditioning, it’s unlikely so many people would have moved to Las Vegas in the first place.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Inmate Captured in North Carolina After Escape

    Law enforcement officers captured Ramone Alston, who had been serving a life sentence for murder, at a hotel. He was moved to a high-security prison unit and will face new charges.Authorities in North Carolina on Friday captured a man convicted of murder, whose escape from custody three days earlier had prompted an extensive search, according to the state’s Department of Adult Correction.The man, Ramone Alston, fled from a prison vehicle on Tuesday morning while being transported to a medical appointment at the U.N.C. Hospitals Hillsborough Campus.He was caught at a hotel in the city of Kannapolis just before 2 a.m. local time, in an operation that included local law enforcement officers and agents from the Federal Bureau of Investigation, the Department of Adult Correction said in a statement on Friday. Nobody was injured during the operation, it added.Mr. Alston, 30, who is serving a life sentence for first-degree murder, will face charges of felony escape from prison, the statement said, and will be taken to a high-security unit in the state prison system to serve out that sentence while waiting to face the new charges in court. A woman, Jacobia Crisp, whom the release described as an acquaintance of Mr. Alston, was charged with felony aiding and abetting a fugitive.Authorities will investigate Mr. Alston’s movements while on the run, including whether he committed other crimes and if he had any other accomplices, the department said. Mr. Alston escaped early Tuesday when officers opened the door of the vehicle at the medical facility. Mr. Alston, who had managed to free himself from his leg restraints, ran out of the vehicle while wearing handcuffs and fled into the woods, state officials said.More than 300 law enforcement personnel from 19 agencies joined a search for him, scouring 1,335 acres.The police who had accompanied Mr. Alston were carrying weapons but did not fire at him because “it all happened so quickly,” a spokesman for the department said.Mr. Alston was convicted of first-degree murder in 2018 for his involvement in a shooting that led to the death of a 1-year-old girl on Christmas Day in 2015, according to court documents. Lawyers for Mr. Alston said he was not the person who had fired the shot that resulted in the girl’s death.Mr. Alston had been serving his sentence at Bertie Correctional Institution in Windsor, N.C., which is more than 100 miles east of the Hillsborough medical campus. More