CNN 5 Things Record flash flood warnings, major AI investment, education funding freeze challenged & more
Jul 15, 2025
Inflation hits a peak, driven by trade policies and severe weather events. Federal flash flood warnings are breaking records this year. Major investments in AI and energy are on the horizon, promising job creation. Legal challenges are mounting against the freeze on education funding in blue states. Meanwhile, global childhood vaccination rates face stagnation, with millions at risk. It's a whirlwind of current events with far-reaching implications!
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Inflation Impact from Tariffs
- Inflation rose to 2.7% in June, the highest since February, due to trade policies and tariffs.
- Despite tariffs, car prices dropped 0.3% and some sectors saw decreases over three months.
Devastating Flash Flood in New Jersey
- Bridgewater, New Jersey faced severe flash flooding causing at least two deaths due to a vehicle swept away.
- The US has issued over 3,000 flash flood warnings this year, the highest since 1986, worsened by climate change.
Climate Change Worsens Flooding
- Climate change intensifies flash flooding by increasing moisture in warm summer air.
- Drought-hardened ground and outdated infrastructure worsen flood impacts as water has nowhere to drain.