Today’s edition of quick hits.
* An extraordinary diplomatic escalation: “Secretary of State Marco Rubio announced on Friday that he would not issue visas to Palestinian officials to prevent them from attending the annual United Nations General Assembly in New York next month. The visa ban applies to officials from the Palestinian Authority and the Palestine Liberation Organization who are not based in the Palestinian mission at the U.N., the announcement said.”
* The personal consumption expenditures price index offers more bad news on inflation: “Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy.”
* In related news: “U.S. companies have an unwelcome message for inflation-weary consumers: Prices are going up. Companies including Hormel Foods, J.M. Smucker and Ace Hardware said this week they would raise prices for reasons ranging from higher meat costs to tariffs. Large retailers like Walmart, Target and Best Buy said some tariff-related price increases are already in place. More are on the way.”
* The administration’s latest setback at the 9th Circuit: “A federal appeals court on Friday blocked the Trump administration’s plans to end protections for 600,000 people from Venezuela who have had permission to live and work in the United States.”








