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US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's tense debate over whether interest rates should be
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New US single-family home sales slide in July, confidence dips in August

New US single-family home sales slide in July, confidence dips in August

By Dan Burns Aug 25 (Reuters) - Sales of new U.S. single-family homes tumbled in July as high mortgage rates weighed on the market and continued to sideline potential home buyers, while consumer confidence slid to a seven-month low on darkening outlooks for the job market and inflation.
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Key inflation gauge remains elevated during Iran war and ongoing US trade fights

Key inflation gauge remains elevated during Iran war and ongoing US trade fights

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs
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Dollar little changed as Iran sanctions, Treasury buybacks gauged

Dollar little changed as Iran sanctions, Treasury buybacks gauged

By Chuck Mikolajczak NEW YORK, Aug 25 (Reuters) - The U.S. dollar was roughly unchanged on Tuesday, as investors weighed Washington's expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields.  The greenback had stumbled late last week after U.S.
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Tech drags S&P 500, Nasdaq lower as more Iran sanctions, Nvidia earnings loom

Tech drags S&P 500, Nasdaq lower as more Iran sanctions, Nvidia earnings loom

By Purvi Agarwal, Niket Nishant and Saeed Azhar Aug 24 (Reuters) - Technology stocks pulled the S&P 500 and Nasdaq lower on Monday as investors weighed fresh U.S. economic pressure against Iran and braced for a week that includes Nvidia earnings and a closely watched inflation report.
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Falling oil prices help calm the stock and bond markets

Falling oil prices help calm the stock and bond markets

Oil prices are falling again, which is helping to ease worries in the bond market and support stock prices
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Shares drift ahead of Nvidia earnings; oil wobbles

Shares drift ahead of Nvidia earnings; oil wobbles

By Rae Wee SINGAPORE, Aug 25 (Reuters) - Asia shares were rangebound on Tuesday while oil prices held to losses, after threats from the U.S. for an "economic D-Day" of sanctions on Iran turned out to be a damp squib. U.S.
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Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

By Jiaxing Li HONG KONG, Aug 25 (Reuters) - The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington's expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields.
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Asia shares fall on tech nerves; oil prices slip

Asia shares fall on tech nerves; oil prices slip

By Rae Wee SINGAPORE, Aug 25 (Reuters) - Asia shares slipped on Tuesday while oil prices extended losses, after threats from the U.S. for an "economic D-Day" of sanctions on Iran turned out to be a damp squib. U.S.
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US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent war-induced peak is likely to intensify the central bank's debate over whether interest rates should be lifted
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Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

By Howard Schneider WASHINGTON, Aug 24 (Reuters) - U.S.
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Dollar hovers near multi-month lows as debt nerves unnerve investors

Dollar hovers near multi-month lows as debt nerves unnerve investors

By Tom Westbrook and Johann M Cherian Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S.