RNN August 26th 2026

U.S. Inflation Holds Steady in July: Consumer prices rose 3.7% in July year-over-year, matching June's rate, but remaining above the Federal Reserve's 2% target. Stubbornly high costs—driven by recent gas and energy price rebounds—remain a central mid-term election issue, with President Donald Trump threatening new tariffs on Canada and China. Meta Settles $17 Billion Federal Lawsuit: Meta agreed to a $17 billion settlement and new child safety features (including daily time limit hard caps and mandatory pauses) on Facebook and Instagram, resolving a lawsuit brought by 29 states over youth social media addiction. Prince Harry and Family Return to the UK: Six years after stepping down from royal duties, Prince Harry, Meghan Markle, and their two children arrived at Birmingham International Airport to reside at a private, non-royal property outside London. Florida Hotel Housekeeper Arrested for Credit Card Fraud: A 49-year-old housekeeper at the Beachcomber Hotel in St. Pete Beach was arrested after entering a guest room three times in an hour, stealing a credit card, and spending over $700 at a local Publix grocery store.