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US Economy · United StatesWholesale prices rose far more than expected in July, providing a potential deterrent for the Federal Reserve to lower interest rates in September, a Bureau of Labor Statistics report Thursday showed.
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Wholesale prices rose 0.9% in July, much more than expected
53% Center coverage: 158 sources
Business · United StatesU.S. retail sales increased solidly in July, boosted by strong demand for motor vehicles as well as promotions by Amazon and Walmart, though a softening labor market and higher goods prices could curb growth in consumer spending in the third quarter.See the Story
US retail sales increase solidly in July
71% Center coverage: 148 sources
Tariffs · United StatesPresident Donald Trump has signed an executive order that will prevent U.S. tariffs on Chinese goods from snapping back to near-embargo levels for another 90 days, a White House official told CNBC on Monday.
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Trump signs order extending China tariff truce by 90 days, White House says
53% Center coverage: 81 sources
