SAN FRANCISCO (AP) – Netflix on Thursday announced another quarter of steady growth as the video streaming service’s more than 300 million subscribers have become increasingly attractive to advertisers.

WASHINGTON (AP) – A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.

Excerpts from recent editorials in the United States and abroad:

WASHINGTON (AP) – Consumers picked up their spending in June after an earlier pullback, despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June, after two consecutive months of spending declines.

TOKYO (AP) – Canadian retail chain Alimentation Couche-Tard is dropping its proposal to acquire Seven & i Holdings Co., the Japanese operator of the 7-Eleven convenience store chain, citing frustration in ongoing negotiations that showed “a lack of constructive engagement.”

SACRAMENTO, Calif. (AP) – The Trump administration revoked federal funding for California’s high-speed rail project on Wednesday, intensifying uncertainty about how the state will make good on its long-delayed promise of building a bullet train to shuttle riders between San Francisco and Los Angeles.

WASHINGTON (AP) - Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of everything. Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% in May.

SEOUL, South Korea (AP) – South Korea’s top court Thursday upheld the acquittal of Samsung Electronics Chairman Lee Jae-yong on financial criminal charges, ending years of legal disputes over the 2015 merger between Samsung affiliates that solidified his control over the company.