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A turn lower for oil prices helps US stocks erase earlier losses

A turn lower for oil prices helps US stocks erase earlier losses

Oil prices keep swinging, causing U.S. stocks to waver on Thursday
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Sterling steady but weak business activity data weighs

Sterling steady but weak business activity data weighs

By Lucy Raitano LONDON, May 21 (Reuters) - The pound was steady against the dollar on Thursday as broader currency markets focused on developments in the Iran war, while traders digested some worse-than-expected surveys of British business activity. Sterling was flat at $1.3437.
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Consumer Sentiment Plummets Amid U.S.-Iran Conflict and Inflation Concerns

Consumer Sentiment Plummets Amid U.S.-Iran Conflict and Inflation Concerns

Consumer Sentiment Plummets Amid U.S.-Iran Conflict and Inflation Concerns
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ECB's Rehn sees few signs yet of high inflation taking root

ECB's Rehn sees few signs yet of high inflation taking root

By Francesco Canepa FRANKFURT, May 21 (Reuters) - The European Central Bank may raise interest rates to preserve credibility in the face of a war-driven rise in fuel costs but there is little to suggest yet that high inflation is taking root in the euro area, ECB policymaker Olli Rehn said in an
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US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy
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Federal Reserve Officials Consider Interest Rate Hikes Amid Inflation Concerns

Federal Reserve Officials Consider Interest Rate Hikes Amid Inflation Concerns

Federal Reserve Officials Consider Interest Rate Hikes Amid Inflation Concerns
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US weekly jobless claims fall amid labor market resilience

US weekly jobless claims fall amid labor market resilience

WASHINGTON, May 21 (Reuters) - The number of Americans filing claims for unemployment benefits fell last week, pointing to labor market resilience and giving the Federal Reserve room to focus on rising inflation.
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Wall Street rises toward another winning week, even as U.S. households feel more discouraged

Wall Street rises toward another winning week, even as U.S. households feel more discouraged

The U.S. stock market is rising toward the finish of an eighth straight winning week
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U.S. Mortgage Rates Climb to Nine-Month High Amid Economic Pressures

U.S. Mortgage Rates Climb to Nine-Month High Amid Economic Pressures

U.S. Mortgage Rates Climb to Nine-Month High Amid Economic Pressures
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Wall Street keeps rising, even as U.S. households keep getting more discouraged

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The U.S. stock market is rising toward the finish of an eighth straight winning week
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Gulf Aluminum Production Drops to Decade Low Amid Iran Conflict

Gulf Aluminum Production Drops to Decade Low Amid Iran Conflict

Gulf Aluminum Production Drops to Decade Low Amid Iran Conflict
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Japan April exports rise 14.8% year/year despite Middle East conflict

Japan April exports rise 14.8% year/year despite Middle East conflict

May 21 (Reuters) - Japanese exports rose for an eighth straight month in April, government data showed on Thursday, reflecting resilient global demand despite major supply disruptions caused by the U.S.-Israeli war with Iran.