SUMMARY: In August, U.S. producer prices unexpectedly fell 0.1% from July, signaling a slowdown in wholesale inflation after a 0.7% rise the previous month. Core producer prices, excluding food and energy, also declined 0.1%. Despite tariffs imposed by President Trump, their impact on inflation remains muted as wholesalers and retailers absorb costs amid weak demand and supplier discounts. Some imported goods, like coffee, have risen significantly. The drop in producer prices suggests consumer inflation may rise slightly but remains modest. This trend increases expectations that the Federal Reserve will cut interest rates soon, amid signs of a weakening economy.

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SUMMARY: Cracker Barrel is suspending its restaurant remodels after longtime fans criticized changes to its design and logo. The company remodeled four of its 660 locations, adding brighter lights, lighter paint, and simplified antiques while keeping key elements like fireplaces. CEO Julie Felss Masino, who launched the transformation plan in May 2024 to boost relevance and traffic, said customer feedback showed the modern design didn’t reflect what fans love. Despite initial positive responses, many customers opposed the updates and logo simplification, preferring the chain’s traditional, antique-style decor. Cracker Barrel will continue investing in maintaining its restaurants without major aesthetic changes.

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SUMMARY: The New Orleans Archdiocese agreed to a $230 million settlement for survivors of clergy sexual abuse, surpassing a previous $179.2 million offer deemed insufficient by survivors’ attorneys. The archdiocese, which filed for bankruptcy in 2020 to manage claims collectively, views the settlement as a significant step forward. Survivors have until late October to vote; approval by two-thirds would initiate payouts by next year. The bankruptcy case is one of the longest and most contentious among U.S. Catholic Church abuse cases. Critics warn of prolonged court battles if the settlement fails, while some survivors emphasize that financial compensation can’t fully address lifelong trauma.

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