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The main inflation barometer used to set U.S. interest rates fell in June for the first time since the pandemic, underscoring why the Federal Reserve took no action this week to raise borrowing costs.
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Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups
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Wall Street closes down sharply after Fed holds rates unchanged ReutersDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCU.S. Stocks Slide After Fed Pause, Escalation in Iran War WSJStock market today: Dow plunges by 1,100 points, S&P 500 and Nasdaq sink as yields rise on Fed's hawkish hold Yahoo Finance
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Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
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