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Most companies, it turns out, have been reluctant to raise prices. Americans are tired of inflation and they are more resistant to price increases, forcing firms to adopt an array of strategies. The ...
The Dow briefly reached a record high, propelled by UnitedHealth's surge following Berkshire Hathaway's increased stake.
Rising costs in the broader healthcare sector and about a 40% slump in UnitedHealth's shares this year have left the Dow lagging its Wall Street peers on the road to record highs. The price-weighted ...
Retail sales rose 0.5% in July, indicating solid consumer demand. Trump and Putin Alaska talks lacked substantial outcomes ...
The dollar, which had jumped on Thursday as data showed US producer prices increased more than expected in July, gave up most ...
Fed officials are split on whether to cut rates in September as weak hiring contrasts with persistent inflation, making the ...
Sterling rose against a weakening dollar on Friday and was set to end the week higher after upbeat economic data and a hawkish rate cut by the Bank of England. The pound was last up 0.2% at US$1.35520 ...
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The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after ...
After robust buying in July, consumer sentiment faltered in August for the first time in four months, according to a ...
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