3 PM ET: Biden support fallout, US flood watches, new inflation data & more

President Joe Biden is dismissing growing concerns about his candidacy as he hits the campaign trail in Michigan today. Millions in the eastern US are under flood watches in the aftermath of Hurricane Beryl. The latest inflation data is bringing some unexpected bad news about the US economy. Several Wisconsin hotel employees have been fired following the death of a Black man pinned to the ground. And, federal regulators have grounded a SpaceX rocket after a failed mission.

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