Tag: Breaking News: Economy
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Record U.S. cyclosporiasis outbreak is over, CDC says
The largest outbreak, linked to shredded iceberg lettuce from Taylor Farms, sickened more than 12,000 people.
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Consumer outlook plunges in September as inflation outlook worsens
The survey’s headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.
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Inflation persisted in August, potentially locking in a Fed interest rate hike
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
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Global bond sell-off deepens as $100 oil stokes stagflation fears
The yield on German 10-year bonds, seen as the euro area benchmark, crossed 3.5% on Friday for the first time since April 2011.
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CNBC Daily Open: ‘Welcome to Foldables’ Samsung roasts Apple for being late to party
Samsung trolls Apple’s foldable debut; oil back above $100, pushing the Fed toward a hike next week.
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Stocks making the biggest moves after hours: Oracle, Adobe, RH & more
Here are some of the companies making headlines in extended trading.
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Stocks making the biggest moves midday: Oracle, AeroVironment, American Eagle, Micron, Macy’s & more
Here are some of the companies making headlines in midday trading.
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The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
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Wholesale prices rose 0.4% in August, as expected
The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.
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Trump promises $5,000 ‘dividend’ to U.S. citizens if Republicans win midterms
Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
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