On The Money — New figures suggest inflation may be at turning point ...Middle East

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New inflation figures suggest rising prices may finally be at a turning point. We’ll also look at GOP attacks targeting the large boost in funding for a sprawling Democratic package, a recent warning to House lawmakers about TikTok as campaign season heats up, and more.   But first, Elon Musk is being Elon Musk.  Welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. For The Hill, we’re Sylvan Lane, Aris Folley and Karl Evers-Hillstrom. Someone forward you this newsletter? Subscribe here. Inflation could be at a turning point Inflation didn’t rise between June and July according to new figures from the Labor Department’s

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