“Today’s CPI report revealed that inflation beat market expectations once again and remains stable, underscoring President Trump’s commitment to lower costs for American families and businesses. The Panicans continue to be proven wrong by the data – President Trump’s tariffs are raking in billions of dollars, small business optimism is at a five-month high, and real wages are rising. The American people have rightfully put their trust in President Trump’s America First agenda that is Making America Wealthy Again.”
— White House Press Secretary Karoline Leavitt

Here’s what you need to know:

Since President Trump took office, inflation is tracking at 1.9% — low and stable.
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MONTGOMERY — Governor Kay Ivey, on Monday following a speech to the Economic Development Association of Alabama, announced that more than $25.9 million in Growing Alabama funding has been allocated to support economic development projects across 15 communities in Alabama, reinforcing the state’s commitment to long-term job creation and site readiness.

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The Small Shipyard Grant Program selected 17 recipients across 12 states to modernize infrastructure, enhance training, & expand apprenticeship programs

WASHINGTON, D.C. – U.S. Transportation Secretary Sean P. Duffy today announced the Maritime Administration (MARAD) awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance. The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development, and new technologies that strengthen U.S. shipbuilding and repair capabilities.br/>
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Transaction Will Export Aircraft, Support More Than 1,400 Jobs

Washington, DC – The Export-Import Bank of the United States’ (EXIM) Board of Directors today approved a transaction to export Boeing aircraft and spare propulsion equipment to Angola.

The final commitment of nearly $297 million for TAAG Angola Airlines will support the export of Boeing 787-10 passenger aircraft and General Electric Aerospace spare engines.

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Clarksdale, Miss. – The Delta Regional Authority (DRA) recently awarded approximately $7 million toward 25 workforce development projects supporting economic development and prosperity throughout the lower Mississippi River Delta and Alabama Black Belt regions.

Funded through the Delta Workforce Grant Program (DWP), the $7 million investment will support projects and initiatives that address the employment and training needs of the local and regional workforce within DRA’s eight-state service area. This year, DRA awarded grants – ranging from $50,000 to $300,000 – to 25 projects benefitting communities in Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri and Tennessee.

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WASHINGTON, D.C. – The Bureau of Land Management generated nearly $34 million in total receipts from energy and timber sales held in the second quarter of 2025 – in line with policies championed under the Trump administration. These revenues reflect an ongoing focus on unleashing domestic energy and expanding timber production, supporting job growth, and promoting efficient, streamlined permitting and leasing processes.

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