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Stocks rise, interest rates fall after inflation report

Stocks rose and bond yields fell sharply Thursday morning after a fresh read on business inflation showed prices were broadly flat in July. The report fueled optimism on Wall Street that the Federal Reserve may hold off on raising rates this year, after all, even as inflation remains stubborn. “The …

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Howard Lutnick says auto tariffs are bringing manufacturing jobs to US

Commerce Secretary Howard Lutnick discusses how America is rebuilding its automobile manufacturing industry through policy on ‘Kudlow.’ Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump …

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