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Wholesale inflation over past year jumps by record amount

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WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. ...

Stocks open higher; Citi, Wells Fargo lead gains for banks

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Stocks are opening broadly higher on Wall Street Wednesday as several big companies reported results that were better than analysts were expecting. The S&P...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Technology stocks drive early gains as latest earnings flow

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Big technology companies pushed U.S. stocks higher in early trading as investors reviewed the latest earnings reports and updates on rising inflation. ...

Stocks give up an early gain and turn mixed on Wall Street

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Stocks gave up an early gain and turned mixed on Wall Street as banks and energy companies fell while other sectors rose. ...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation. ...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation. ...