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WASHINGTON/LONDON -Wall Street notched broad gains on Friday, with the S&P 500 index closing at a record and global shares also finished at an all-time high, while oil prices rose for a fifth...
U.S. stock indexes set fresh records on Thursday and European shares closed near all-time highs, fueled by supportive U.S. jobless claims data and a breakthrough in infrastructure spending talks in Washington.
Read more about Inflation fails to shake US mkts out of torpor, with Fed in driver's seat on Business Standard. Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target
Analysis: Hotter inflation fails to shake U.S. markets out of torpor, with Fed in driver's seat Reuters 2 hrs ago By Karen Pierog CHICAGO (Reuters) - Investors are not freaking out over a spike in U.S. inflation in the past two months, showing confidence that the Federal Reserve is deftly handling a rebound in economic growth even as it leaves markets guessing about how it defines "transitory" when it talks about price increases. In fact, Wall Street's benchmark index inched to a record high after days of sideways trading, and U.S. Treasury yields eased after Thursday's Labor Department ...
Article content The owner of a long-time Sault Ste. Marie business vows he’ll keep getting tough on crime at his store after a man tried to take merchandise worth several thousand dollars from his Steelton business. The suspect was stopped by Herb Lash, Jr., and his father. The senior Lash was hurt in the incident. We apologize, but this video has failed to load. Try refreshing your browser. Fighting crime in fashion for Lash Back to video Herb Lash, Sr., confronted a suspicious customer shortly before Christmas at H.R. Lash clothing store on John Street. The man allegedly put seven me...