abc news reporter reena roy has more on what this could mean for your budget. >> a new report out from the labor department shows inflation eased slightly in july, with prices up 2.9% year over year, better than economists expected, and the smallest 12 month increase since march of 2021. >> that is a significant improvement. getting below that 3% marker shows that there is this, this this trend of inflation cooling that prices aren't going up as fast as they were. core inflation, which excludes food and energy, rose 0.2% for the month and 3.2% for the year, in line with expectations. >> prices for housing up 0.4% from last month, accounting for nearly 90% of the monthly increase in this report. >> the hands down biggest increase came from housing. 90% of the increase in cpi came from shelter, which mostly includes rent. so that is one of the areas we have seen. prices do continue to go up on a monthly basis. >> inflation has slowed for five consecutive months, reversing a surge in prices that have been impacting american wallets. grocery prices rose 0.1%. used cars and trucks, airline

abc news reporter reena roy explains. >> a new study out in the journal cancer, predicting a rise in cancer cases and deaths among men by 2050, with new cases expected to go up from just over 10 million to 19 million worldwide and global deaths expected to rise 93%. >> some reasons that scientists look to number one biological reasons. also, men are more likely to engage in high risk behaviors. for example, smoking, alcohol. and there's also an occupational exposure. men are more likely to be factory workers and be exposed to toxins. >> experts say they also may be less likely to access health care, and there are fewer screening options specific for men. the risk is highest for men living in developing countries and of older age. >> what we see is that an older man in the aging population, the risk is even higher. we're talking about higher than 100% increase. when you look at the year 2050. >> experts say early detection is key. that means getting screened regularly for colorectal cancer at age 45. and consider beginning prostate cancer screening at 50 years old. >> i use average pa

as abc news reporter reena roy explains, researchers collected data from almost 200 countries aroundn the journal cancer, predicting a rise in cancer cases and deaths among men by 2050, with new cases expected to go up from just over 10 million to 19 million worldwide and global deaths expected to rise 93%. >> there are some reasons that scientists look to number one biological reasons also. men are more likely to engage in high risk behaviors for example, smoking, alcohol, and it's also an occupational exposure. men are more likely to be factory workers and be exposed to toxins. >> experts say they also may be less likely to access health care, and there are fewer screening options specific for men. the risk is highest for men living in developing countries and of older age. >> what we see is that in older men and the aging population, the risk is even higher. we're talking about higher than 100% increase. when you look at the year 2050. >> experts say early detection is key. that means getting screened regularly for colorectal cancer at age 45. and consider beginning prostate cance

reena roy, abc news, new york. >> we will get a look ahead at this week's weather coming up.re going to see sandhya's seven-da sounded like a constant train whistle i couldn't escape. then i started taking lipo flavonoid. with 60 years of clinical experience, it's the number one doctor recommended brand for ear ringing. and now i'm finally free. take back control with lipo flavonoid. after careful review of medical guidance and research on pain relief, my recommendation is simple: every home should have salonpas. powerful yet non-addictive. targeted and long-lasting. i recommend salonpas. it's good medicine. ♪ hisamitsu ♪ to share with you. pretty good stuff to back up for a second, what exactly is d23? >> yeah, think of it as comic-con, but for all things disney, disney, of course. a parent company of abc seven reporter joelle gargiulo from our sister station in new york has a look back. >> oh, hello there, d23. >> it was a star studded showcase. let's get started. what is up? d23, the ultimate fan event with that disney magic on full display. >> it's time i tell you a story

. >> abc news reporter reena roy breaks down the trend and how it can help you save money. >> thriftingall the rage these days, with shoppers flocking to secondhand stores for their latest fashion finds. we've seen an increase in 30% of people shopping secondhand in the last two years. >> i love it because it allows people to save a lot of money, experts say. >> it's mostly younger consumers who are drawn to the low cost and positive environmental impact. >> once someone wanders into a consignment store or better yet, a larger secondhand store like a goodwill or salvation army, you're so shocked by the amazing options that you can find there. and the rock bottom prices. the environmental aspect is a big feature, especially for younger consumers. they want to be as environmentally conscious as possible when shopping secondhand, you'll often find some of the best deals on clothes, home decor, books and jewelry. >> but there are some items you may want to steer clear of. >> i would say don't buy taxay in a thrift store. that's a bad idea. and then also anything large that's hard to wash, l

abc news reporter reena roy has tips on how you can shop smarter after months of high costs. >> we'refinally seeing some relief with retailers like target, walmart and ikea announcing they're slashing prices right now we are seeing a number of larger national retailers announcing that they're reducing prices on certain items, especially essential items. >> so ultimately, our shopping will be less expensive than it's been. >> we're also expecting an interest rate reduction by the end of the year, but still, smart shopping expert trae bodge says we should stay mindful of our spending habits. >> so many shoppers have become very good at saving and so what i hope is that as prices come down, consumers will still continue to utilize those frugal shopping practices. you can save even more for a rainy day, for a vacation, for retirement, college education bonds recommends temporarily forgoing what she calls little luxuries. >> things like manicures. >> or if you're paying for someone to clean your home, mow your lawn, clean your car. if you are physically able, you could forego those for a l

abc news reporter reena roy has more. >> high winds and heavy rain hitting the caribbean as hurricane through the atlantic. puerto rico in the thick of it overnight. power knocked out for more than half a million customers in puerto rico. >> there's a particular problem. the vegetation under the lines caused outages to take place. >> you can see downed power poles, scattered debris and fallen tree branches. the governor, urging people to stay home as the system moves through. with many roads closed due to flooding, this neighborhood under water. villages isolated because of high river levels. >> stay away from the coastal areas. stay safe at home or wherever you are. and keep an eye on the reports of the national weather bureau. >> island officials also asking people to donate blood because resources are low. president joe biden approving an emergency declaration for puerto rico, which will help unlock federal funds for the island. fema and other federal teams also standing by, ready to help. ernesto also impacting islands to the east of puerto rico. wind and rain lashing the island o

here's abc's reena roy. >> reporter: tonight, a dramatic rescue unfolding in this new york city neighborhood. after three men allegedly stormed into this queens home armed with guns. holding a family hostage. police say three suspects terrorized their victims, flashing their guns. punching a 71-year-old woman in the face, and hitting a 43-year-old man with a hammer. during the tense holdup early saturday morning, someone inside managing to call police. the nypd rushing to the scene with dogs and armored vehicles. a woman running up for help with a baby in her arms. seven others still inside. >> my wife woke up around 5:00 a.m. she noticed all the lights flashing through the window. she looked out and all the police cars were here. >> reporter: the suspects escaped through a window with cash. the nypd deploying drones to track them down, quickly spotting the men nearby and taking them into custody. no word yet on a motive from authorities. police sources tell our new york station they believe the incident was targeted. mary. >> mary: just a terrifying scene. reena, thank you. >>> next here to

abc's reena roy is at rockaway beach in queens, new york, with more. good morning. >> reporter: hey, mary, good morning to you. that's right. we are seeing the effects of ernesto firsthand here this morning, and you can see just how choppy the water is out there, and authorities there are taking no chances, banning swimming here today, and other beaches in the area, they are also following suit. even though ernesto is hundreds of miles away because rip currents are still a hazard, even that far from the center of a storm, in fact, the entire atlantic coast from florida to maine is under a high-risk rip current alert. in the south, south carolina on hilton head island, unfortunately, things taking a tragic turn friday. two men dead after they were caught in strong rip currents, and further north in the outer banks, at least one home collapsing right into the atlantic ocean, and officials are warning even more homes could be at risk as we watch ernesto move through over the next couple of days. gio? >> gio: unbelievable to see that home. all right, reena

abc's reena roy is here with more on that, good morning. >> reporter: good morning.gh year for millions of americans hoping to buy a home, but things are looking up right now. new data out from freddie mac shows that the average 30-year fixed rate mortgage has dipped to its lowest level since february. it's at 6.73% and that's down slightly from last week, and this time last year, and as we see that drop, we are also seeing home prices fall. the national median list price dropping about $5,000 from june to july. it's now right under $440,000, certainly welcome news for people who may have been recently locked out of the housing market. so if you have the flexibility location-wise, experts say it's best to shop around in certain markets like austin and san francisco which are seeing those price drops right now, and it is important to note this comes after that weaker than expected jobs report with unemployment ticking up to 4.3%. that could give the fed incentive to cut interest rates which could bring even more purchasing power for homebuyers as we go into the fall.

reena roy joins us with more. good morning to you, reena. >> robin, good morning.licly, but ultimately decided to speak out, knowing it could help others. this morning danielle fishel revealing to fans she has breast cancer on her podcast, pod meets world. >> i was recently diagnosed with dcis, which stands for ductal carcinoma in situ, which is a form of breast cancer. it is very, very, very, early. >> reporter: the tv star known as topanga in "boy meets world." >> topanga! >> reporter: saying doctors discovered the cancerous cells at her yearly mammogram. >> the only reason i caught this cancer when it is still stage zero is because the day i got my text message that my yearly mammogram had come up i made the appointment. >> reporter: about one in five new breast cancer cases will be ductal carcinoma in situ. the american cancer society says nearly all women diagnosed can be cured of it. >> when we think of where the cells are and how they line the milk duct and stay within the duct and therefore they're not spreading to any other surrounding breast tissue. it ha