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US service sector growth picks up in May; businesses face higher prices for inputs

US service sector growth picks up in May; businesses face higher prices for inputs

WASHINGTON, June 3 (Reuters) - U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of the war with Iran. 
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Gold and Silver Prices Affected by U.S.-Iran Negotiations and Asian Tariff Changes

Gold and Silver Prices Affected by U.S.-Iran Negotiations and Asian Tariff Changes

Gold and Silver Prices Affected by U.S.-Iran Negotiations and Asian Tariff Changes
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Federal Reserve Expected to Raise Interest Rates Amid Rising Energy Prices

Federal Reserve Expected to Raise Interest Rates Amid Rising Energy Prices

Federal Reserve Expected to Raise Interest Rates Amid Rising Energy Prices
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US job openings jump to near two-year high in April

US job openings jump to near two-year high in April

WASHINGTON, June 2 (Reuters) - U.S. job openings increased more than expected in April, hitting the highest level in nearly two years, though hiring declined likely because of lingering economic uncertainty.
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US Manufacturing Growth Continues for Fifth Month, Driven by Increased Demand

US Manufacturing Growth Continues for Fifth Month, Driven by Increased Demand

US Manufacturing Growth Continues for Fifth Month, Driven by Increased Demand
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Gold Prices Decline Amid Hormuz Tensions, Silver Holds Steady

Gold Prices Decline Amid Hormuz Tensions, Silver Holds Steady

Gold Prices Decline Amid Hormuz Tensions, Silver Holds Steady
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Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S. Derby NEW YORK, June 3 (Reuters) - New York Federal Reserve President John Williams said on Wednesday he does not expect upside risks to inflation caused by the war in the Middle East to be long-lasting and reiterated there was no need at this time to change U.S. monetary policy.
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US Manufacturing Growth Continues for Fifth Month, PMI Indicates Expansion

US Manufacturing Growth Continues for Fifth Month, PMI Indicates Expansion

US Manufacturing Growth Continues for Fifth Month, PMI Indicates Expansion
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US private payrolls increase in May, ADP says

US private payrolls increase in May, ADP says

WASHINGTON, June 3 (Reuters) - U.S. private payrolls increased more than expected in May, the ADP's national employment report showed on Wednesday. Private employment rose by 122,000 jobs last month after a downwardly revised 105,000 gain in April.
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Gold and Silver Prices Affected by U.S.-Iran Tensions and Asian Market Tariffs

Gold and Silver Prices Affected by U.S.-Iran Tensions and Asian Market Tariffs

Gold and Silver Prices Affected by U.S.-Iran Tensions and Asian Market Tariffs
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US manufacturing activity scales four-year high in May, ISM says

US manufacturing activity scales four-year high in May, ISM says

WASHINGTON, June 1 (Reuters) - U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising prices and shortages because of the war with Iran. 
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Kevin Warsh Takes Over as Federal Reserve Chair Amid Economic Challenges

Kevin Warsh Takes Over as Federal Reserve Chair Amid Economic Challenges

Kevin Warsh Takes Over as Federal Reserve Chair Amid Economic Challenges