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Here’s what inflation’s slowdown has meant for US businesses
Here’s what inflation’s slowdown has meant for US businesses
Washington, DC CNN—American businesses are expected to fare better in the coming months, according to a survey of economists and analysts released Monday.
Inflation’s steady…
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US stocks rise to open big week of economic news
US stocks rise to open big week of economic news
The broad-based S&P 500 gained 0.3 percent to 4,550.76, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 14,063.83.
Wall Street stocks climbed early Monday ahead of a…
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US business activity growth slows as services soften
US business activity growth slows as services soften
Synopsis
S&P Global said its flash U.S. Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 52 in July from 53.2 in June. July's reading showed…
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Indo-US relationship much stronger after PM Modi’s recent US visit: Biden admin official
Indo-US relationship much stronger after PM Modi's recent US visit: Biden admin official
Post the first state visit of Prime Minister Narendra Modi to the US, the two countries are forging much closer bilateral ties with high-level visits…
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US to send more warships to Gulf to tackle Iran’s efforts to seize ships
US to send more warships to Gulf to tackle Iran's efforts to seize ships
The deployment comes on the heels of decisions in recent weeks to send the USS Thomas Hudner, a destroyer, and a number of F-35 and F-16 fighter jets to the regionThe…
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Global tech stocks surge as US rally triggers a rush for winners
Global tech stocks surge as US rally triggers a rush for winners
Synopsis
The MSCI Japan IT index has surged 36% so far this year, while the MSCI Taiwan and Europe IT indices have rallied 30% and 25%, respectively. The MSCI Korea IT index…
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US homes sales were the lowest in 14 years last month as inventory dries up
US homes sales were the lowest in 14 years last month as inventory dries up
Home sales just dropped to a 14-year-low as buyers face a shortage of inventory.
Just 4.16 million units were sold in June, down 19% from June of last year.…
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Rupee opens higher against US dollar
Rupee opens higher against US dollar
The Indian rupee opened marginally higher against the US dollar tracking gains in local equities and Asian currencies markets.
The Indian rupee opened marginally higher against the US dollar tracking…
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Asia stocks split as US-China outlooks diverge
Asia stocks split as US-China outlooks diverge
Asia's stock markets were mixed on Wednesday with growth concerns dragging on China's equities while shares gained in Japan and Australia after healthy U.S. company earnings and retail data…
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Business Highlights: Americans bump up spending in June; US firms helped keep Russian oil flowing
Business Highlights: Americans bump up spending in June; US firms helped keep Russian oil flowing
Americans bump up spending in June as inflation eases in a strong jobs market
NEW YORK (AP) — Americans increased their spending last…
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