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Companies Push Prices Higher, Protecting Profits but Adding to Inflation

The prices of oil, transportation, food ingredients and other raw materials have fallen in recent months as the shocks stemming from the pandemic and the war in Ukraine have faded. […]




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Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years

The Bank of England raised interest rates on Thursday, its 12th consecutive increase, as Britain’s inflation rate remained stubbornly in the double digits.The central bank also upgraded its economic forecasts […]







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U.S. Employers Added 253,000 Jobs Despite Economic Worries

The labor market is still defying gravity — for now.Employers added 253,000 jobs in April on a seasonally adjusted basis, the Labor Department reported Friday, in a departure from the […]




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Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation

Wage growth ticked up in April, good news for American workers but bad news for officials at the Federal Reserve, who have been hoping to see a steady moderation in […]




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Powell Bets the Fed Can Slow Inflation Despite Recession Fears

The Federal Reserve’s push to slow the economy and bring inflation under control is often compared to an airplane descent, one that could end in a soft landing, a bumpy […]







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Fed Expected to Raise Interest Rates: What to Know

Follow live updates as Federal Reserve officials release a rate decision.Federal Reserve officials are set to release an interest rate decision on Wednesday afternoon, and while investors widely expect policymakers […]




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Fed Will Decide Next Rate Move After Bank Jitters

WASHINGTON — Federal Reserve officials are widely expected to lift borrowing costs by a quarter of a percentage point on Wednesday, the 10th consecutive rate increase since March 2022. But […]




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Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control

Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a […]