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As Oil Falls Below $90, Where Do Prices Go From Here?

When oil prices fall, many costs for industry and agriculture, including chemicals and fertilizer, generally follow. And shipping becomes more economical. But when they rise sharply, as they did in […]







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U.S. Gas Prices Fall Below $4 a Gallon, AAA Says

Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March, a sign of relief for Americans struggling with historically high […]




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Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a […]




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Hungary Settles Russia’s Bill With Ukraine to Restore Oil Flows

BERLIN — Hungary’s main oil conglomerate said on Wednesday that it would pay an outstanding bill owed by Russia’s oil pipeline operator to the Ukrainian authorities, clearing the way for […]




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Climate Bill ‘Transformative’ for Auto and Energy Industries

“A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit,” said Joe Britton, executive director […]




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Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next

Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists […]




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Economy Is at Risk of Recession by a Force Hiding in Plain Sight

This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of recession, job losses, hunger and a plunge on stock markets.At the root […]




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Germany Hopes to Outrace a Russian Gas Cutoff and Bone Cold Winter

Russian natural gas has fired the furnaces that create molten stainless steel at Clemens Schmees’s family foundry since 1961, when his father set up shop in a garage in the […]




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Inflation Soared in June, Pinching Consumers and Challenging Policymakers

Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading and bad news for Americans at a moment when their […]