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Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation. ...

Acclaim, fundraising spread unevenly among Black colleges

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ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Wells Fargo beats expectations with $6 billion profit in 2Q

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SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation. ...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Inflation at wholesale level increases 1.0% in June

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WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. ...

Touting new trains, Amtrak CEO foresees riders heading back

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DETROIT — Amtrak is betting big on a return of ridership. ...

US deficit for current budget year climbs to $2.24 trillion

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WASHINGTON — The U.S. government's deficit for the first nine months of this budget year hit $2.24 trillion, keeping the country on track for...