Wisconsin Primary: Crowley Defeats Socialist Hong; U.S. Annual Inflation Rate Stabilizes in July

A candidate aligned with the Democratic Socialists of America has been defeated in the Wisconsin gubernatorial primary, marking a major upset in a race the candidate had been expected to win.At 3:34 a.m. ET on Aug. 12, the Associated Press called the race for Milwaukee County Executive David Crowley, who beat state Rep. Francesca Hong by the thinnest of margins, 39.8 percent to Hong’s 39.4 percent.Falling energy prices helped inflation pressures ease last month, new government data released on August 12 show. July’s U.S. annual inflation rate slowed to 3.4 percent, from 3.5 percent in the previous month, according to the Bureau of Labor Statistics.