In June, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1%, seasonally adjusted (SA); rising 1.6% over the year, not seasonally adjusted (NSA), the Bureau of Labor Statistics announced. The index for all items less food and energy rose 0.3% in June, SA; up 2.1% over the year, NSA.

Real average hourly earnings increased 0.2% over the month in June, SA. Average hourly earnings increased 0.2% and CPI-U increased 0.1%. Real average weekly earnings increased 0.2% over the month.

In the week ending July 6, the advance figure for seasonally adjusted initial claims for unemployment insurance was 209,000, a decrease of 13,000 from the previous week’s revised level of 222,000, the Labor Department reported. The four-week moving average was 219,250, a decrease of 3,250 from the previous week’s revised average of 222,500.

The average interest rate for a 30-year fixed-rate mortgage is 3.75%, unchanged from one week ago, according to Freddie Mac. The average interest rate for a 15-year fixed-rate mortgage is 3.22%, up from 3.18% one week ago.

Thursday, the Dow climbed 227.88 points (0.85%) to 27,088.08, the NASDAQ was down 6.49 points (0.08%) at 8,196.04, and the S&P 500 increased 6.84 points (0.23%) to 2,999.91. The Russell 2000 decreased 7.13 points (0.46%) to 1,557.92, and the Wilshire 5000 closed 43.98 points (0.14%) higher at 30,829.64.

The price of the 10-year Treasury note decreased 7/32, bringing its yield up to 2.134%. The price of the 30-year Treasury bond fell 1 29/32, increasing its yield to 2.657%.

ON THIS DATE: In 1862, Congress authorized the Medal of Honor. In 1870, the first rotary can opener with a cutting wheel was patented by William W. Lyman. In 1933, a minimum wage of 40 cents an hour was established in the U.S. In 1954, the Major League Baseball Players Association was organized in Cleveland, Ohio. In 1984, Democratic presidential candidate Walter F. Mondale named U.S. Rep. Geraldine A. Ferraro of New York to be his running mate. Ferraro was the first woman to run for vice president on a major party ticket.

And now it’s time for FRIDAY FILES!

In Tampa, Florida, a woman returned to a hotel room she was sharing with her boyfriend after a run to McDonald’s. However, she apparently ordered the wrong food, and the boyfriend became angry. He started pelting her with containers of McDonald’s Sweet ‘N Sour dipping sauce. Investigators responding to a 911 call noted that the woman had “marks consistent with her statements,” according to The Smoking Gun. The boyfriend fled the motel, but was subsequently arrested and booked into the Pasco County jail on a felony battery charge.

In Missoula, Montana, a black bear cub accidently locked himself inside a mudroom after entering a residence. It initially ripped “the room apart” after discovering he was trapped, the Missoula County Sheriff’s Office wrote on Facebook, the Huffington Post reports. But he then clambered into a closet for a nap, where he remained until deputies arrived to remove him. The bear apparently didn’t want to be disturbed from his nap because police knocks on the door resulted in a stretch and yawn. Officers were able to unlock the door, hoping the bear would leave, but all it did was yawn more. Eventually, the bear was able to enjoy a deep sleep when officials from the Montana Department of Fish, Wildlife and Parks were called in to tranquilize the bear, and they relocated him to the Mission Mountains.

In San Antonio, Texas, a woman called 911 from inside Government Canyon State Park saying that she had climbed a tree to get away from an animal that had been growling and following her. She was ultimately put in touch with a park police officer, and “urged him to please hurry because an animal she believed to be a wild pig was nearby and growling,” according to the Huffington Post. In reality, the sound that the woman and her hiking buddy mistook for vicious grunting and snorting was actually nearby cars going over a rumble strip on the road, according to a news release from the Texas Parks and Wildlife Department.

Near Rocky Mountain National Park in Colorado, a man learned the hard way to make sure his parking brake is on when he makes a roadside pit stop. Video shows footage of the man emerging from a port-a-potty to see his truck roll backwards off a cliff.

In Las Vegas, Nevada, the state highway patrol sent a message that people can only use the carpool lanes if the other passengers are living. They did so after pulling over a man driving a hearse in an HOV lane. The driver told a trooper he assumed that the body he was transporting to a funeral brought him in compliance with the HOV lane requirement of two or more occupants per vehicle, according to The Associated Press. He was given a warning.

Hope everyone has a great weekend!