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Kari Lake is set to launch an Arizona Senate campaign next month, three sources familiar with the matter confirmed to ABC News Kari Lake is set to launch a Senate campaign next month , three sources familiar with the matter confirmed to ABC News. One of the sources said Lake has been eyeing mid-October to jump in the race. News of her plans was first reported by Politico. Her entry would mark the latest twist in the race for Sen. Kyrsten Sinema's seat. Sinema, who late last year left the Democratic Party to become an independent, has not yet said if she plans on running for reelection, while Democratic Rep. Ruben Gallego has cleared a path to his party's nomination. Democrats currently hold a 51-49 majority in the Senate, in part with Sinema's support. Lake generated a wave of enthusiasm among the GOP base in 2022 with her hard-line campaign for Arizona's open governor's mansion. She lost to now-Gov. Katie Hobbs, a Democrat, but she has falsely blamed her defea...

Fresh inflation data follows an uptick in July that reversed some progress in the fight to slow price hikes. Consumer prices rose 3.7% in August compared to a year ago, marking the second consecutive month of increased i NFL ation and suggesting a bumpy path in the effort to bring i NFL ation back down to normal levels, government data on Wednesday showed. The fresh data follows an uptick in July that reversed some of the progress achieved in the fight to cut price increases and offer relief for household budgets. The data exceeded economist expectations that consumer prices would have increased 3.6% in August compared to a year ago, an increase from the inflation rate recorded in July. That month, the inflation rate ticked up on a year-over-year basis for the first time since last summer. Inflation stands well below its peak last year of over 9% but remains more than a percentage point higher than the Federal Reserve's target rate. Core inflation -- a measure that strips out vol...