News Wrap: August inflation report shows consumer prices up 3.4%

In our news wrap Friday, the Labor Department reported that consumer prices rose 3.4% in August when compared to last year, the inflation report is fueling speculation that the Fed will raise interest rates, U.S. health officials declared an end to the cyclospora outbreak and a British official says more than half a million Russian troops have been killed since the start of the Ukraine invasion.

In our news wrap Friday, the Labor Department reported that consumer prices rose 3.4% in August when compared to last year, the inflation report is fueling speculation that the Fed will raise interest rates, U.S. health officials declared an end to the cyclospora outbreak and a British official says more than half a million Russian troops have been killed since the start of the Ukraine invasion.