Pay growth and prices picked up, keeping the Fed on track for rate increases.
The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.
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The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.
The Biden administration is wary of making the designation despite strong calls from Congress and pleas from Ukraine.
Jeannie Adams of Whitesburg, Ky., described a harrowing ordeal after floods engulfed her community. Her home and car were destroyed.
Punishing heat has owners closing early, canceling outdoor dining and wondering about their future in a region where air-conditioning is not the norm.
Blake Masters, a top candidate in Arizona’s Republican primary for the Senate, has accused Democrats of plotting to “import” new voters. That poses a challenge in a state where a third of the voters are Hispanic.
The rebound in stocks is a reflection that the current round of updates from corporate America are not as bad as feared. But there are still reasons for investors to be wary.
Sergey Lavrov said he would listen to what U.S. Secretary of State Antony Blinken had to say about a proposal for the release of Brittney Griner and another American.
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
Corporate optimism may seem at odds with the Fed’s grim determination to hold back the economy to get inflation down, but earnings tell a story that other data doesn’t.
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