US inflation likely cooled again last month in sign of healthy economy

Donald Trump's contributions from small-dollar donors have plummeted since his last bid for the White House, presenting the former president with a financial challenge as he attempts to keep pace with Democrats' fundraising machine. Fewer than a third of the Republican's campaign contributions have come from donors who gave less than $200 - down from nearly half of all donations in his 2020 race, according to an analysis by The Associated Press and OpenSecrets, an organization that tracks political spending. The total collected from small donors has also declined, according to the analysis. Trump raised $98 million from such contributors through June, a 40% drop compared to the $165 million they contributed during a corresponding period in his previous presidential race. The dip has forced Trump to rely more on wealthy donors and groups backed by them, a shift that cuts into the populist message that first propelled him to the White House. The decline in donations could not come at a worse time for Trump. Democrats have raised massive sums from small-dollar donors this cycle. President Joe Biden and then Vice President Kamala Harris have raised a staggering $285 million from such donors since April 2023, representing more than 40% of their fundraising, according to data from OpenSecrets. GOP operat

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