Tech Stocks Pull Nasdaq Composite Down
Stocks were in the red as investors fretted over heavy fiscal spending and inflation.
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U.S. Import Prices Fell in July
U.S. import prices decreased in July, driven by lower prices for fuel imports, according to data from the Bureau of Labor Statistics.
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U.S. Housing Starts Dropped in July
Housing starts fell sharply below expectations in July as home-builder sentiment remained muted.
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Canada Housing Starts Drop in July Even as Home Sales Continue to Rise
Housing starts across Canada came in at a seasonally adjusted annualized rate of 229,074 units, a 4.9% decline from the month before and below expectations of about 250,000 residential housing projects.
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Diesel Buyers Compete for Shrinking Supply Pool
Diesel buyers are competing for shrinking supply amid disruptions in Russia and the Middle East, with the U.S. at the center of a scramble that could intensify into the winter.
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German Investor Confidence Rises for Fourth Straight Month
Sentiment climbed again on a bumper earnings season, while the economy overcomes some of the shock of the war in Iran.
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Global Government Bond Yields Hit Multiyear Highs
Global government bond yields rose to multiyear highs as a lack of progress in resolving Middle East tensions lifted oil prices and sparked worries about risks of a prolonged period of elevated inflation.
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U.K.'s Jobless Rate Holds Steady as Labor Market Shows Signs of Softening
Unemployment in the U.K. was unchanged in the three months through June, while wage growth edged up slightly.
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Why Trump Is Threatening Again to Bomb Oman
Some U.S. officials see Oman as favoring Iran, while others say Trump is lashing out over failures to make a nuclear deal.
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Auto Insurance Premiums Have Room to Keep Falling
The soft insurance market is pleasing to inflation watchers but less so to shareholders.
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Unitree IPO Could Mark New Era for China's Robotics Sector
Humanoid-robot startup Unitree's coming listing could unleash a fundraising frenzy across China's robotics sector, with the debut serving as a key test of market appetite
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How Wall Street Sussed Out That Situational Awareness Was on the Ropes
From whispers of an Anthropic stake sale to strange options moves, traders sensed trouble and swung into action.