Business Highlights: Inflation at lowest since early 2021; Tax prep firms shared data with Meta
Associated Press___ US inflation hits its lowest point since early 2021 as prices ease for gas, groceries and used cars WASHINGTON — Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries. ___ 3 tax prep firms shared ‘extraordinarily sensitive’ data about taxpayers with Meta, lawmakers say WASHINGTON — Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years. ___ Inflation drops to 3% and Biden hopes to turn a weakness with voters into a strength WASHINGTON — The politics of inflation took a sharp turn with a new report showing consumer prices rose at the slowest pace since the early months of Joe Biden’s presidency. ___ Ticketmaster halts Taylor Swift ticket sales in France in another headache for fans NEW YORK — Ticketmaster has abruptly postponed ticket sales for six of Taylor Swift’s upcoming shows in France.