Global stocks sink as traders await US inflation numbers

Source
The San Bernardino Sun
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BEIJING (AP) — Global stocks and Wall Street futures sank Tuesday as investors waited for U.S. inflation data amid unease about higher interest rates, Chinese efforts to contain coronavirus outbreaks and Russia’s war on Ukraine. London, Frankfurt ...
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Flooding, landslides kill at least 25 people in Philippines

Source
The San Bernardino Sun
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Heavy rains caused by a summer tropical depression killed at least 25 people in the central and southern Philippines, mostly due to landslides, officials said
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Biden waiving ethanol rule in bid to lower gasoline prices

Source
The San Bernardino Sun
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President Joe Biden is visiting corn-rich Iowa on Tuesday to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline this summer,
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Ukraine probes claim poisonous substance dropped in Mariupol

Source
The San Bernardino Sun
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Ukraine investigated a claim that a poisonous substance was dropped on besieged Mariupol, as Western officials warned Tuesday that any use of chemical weapons by Russia
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Futures tick up as US inflation hits four-decade high

Source
The San Bernardino Sun
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U.S. futures ticked higher as new data showed inflation reached a four-decade high, adding to investor unease about higher interest rates, Chinese efforts to contain
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US inflation hits four-decade high and markets point higher

Source
The San Bernardino Sun
datetime
U.S. futures ticked higher as new data showed inflation reached a four-decade high, adding to investor unease about higher interest rates, Chinese efforts to contain
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US inflation jumped 8.5% in past year, highest since 1981

Source
The San Bernardino Sun
datetime
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received. The ...
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Wall Street rebounds in early trade after inflation report

Source
The San Bernardino Sun
datetime
NEW YORK (AP) — Stocks are opening higher and bond yields are falling as investors cling to strands of hope in a mostly discouraging report on inflation. The S&P 500 was up 0.9% in the early going following back-to-back losses, and parts of the market ...
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