Pickup truck crashes into daycare center; HAZMAT crews respond to Loop 101 crash | Morning News Brief

A truck that crashed into a Glendale daycare center building; a crash along the Loop 101 that prompted a HAZMAT response; and more – here's a look at some of the top stories this morning.

Will the US port strike raise gas prices? What you need to know

Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.

Helene forces closure of North Carolina quartz facilities, disrupting tech supply chain

Hurricane Helene forced the shutdown of two key quartz manufacturing facilities in Spruce Pine, North Carolina, operated by Sibelco and The Quartz Corp, which produce ultra-pure quartz essential for semiconductors, solar panels, and fiber-optic cables.

Home heating costs to increase this winter; here's how much

With the prices to heat your home expected to spike during the winter months, this is how much you could be paying in your area.

Eviction cases in Maricopa County on pace to break record set in 2005

Maricopa County set a record for the most evictions through the first three-quarters of a calendar year with 65,651 total cases so far this year.

Why are egg prices soaring? Here's what experts say

Egg prices have surged by 28.1% over the past year, with the average cost of a dozen eggs rising from $2.04 to $3.20, according to the Bureau of Labor Statistics.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

How the Fed's rate cut will impact auto loans

It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, analysts found.

Would Harris or Trump do a better job on the economy? Voters spilt in new poll

About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.

Federal Reserve slashes key rate by half-point, signals end of inflation battle

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.

Poll shows Americans take dim view of grocery industry amid recalls, inflation

A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.

Inflation continues to cool, latest numbers show

The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.

Debate recap: Experts weigh in | Battleground Ep. 32
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The first and possibly, only presidential debate took place here, in Philadelphia last night. Get exclusive insight from voters in our Ipsos focus group on who they think won the clash over key issues like the economy, abortion rights, and health care. Plus, expert analysis from top journalists in battleground states Michigan and Nevada. All this and more as we honor the memory of 9/11 and examine how the debate will impact this nail-biter of a race, now just 55 days from the election.

US inflation hits 3-year low as Federal Reserve set to cut interest rates

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.