• Amazon rises to an all-time high

    2 monthes ago - By Business Insider

    Amazon 's stock price hit a new high on Thursday.
    It hit its previous high in early June.
    Amazon recently bought PillPack, an online pharmacy, in the latest example of how the tech behemoth flexes its muscles to disrupt different industries.
    Watch Amazon trade in real time here .
    Amazon on Thursday hit a new high of $1,784.10 a share Thursday, as the stock gained more than 1%.
    Amazon hit its previous high in early June , when it reached $1,646.48.
    The e-commerce and tech behemoth, known for disrupting entire industries , recently bought PillPack , an online pharmacy. That was the latest...
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  • BLS: CPI increased 0.1% in June, Core CPI increased 0.2%

    BLS: CPI increased 0.1% in June, Core CPI increased 0.2%

    2 monthes ago - By Calculated Risk

    From the BLS :
    The Consumer Price Index for All Urban Consumers increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.9 percent before seasonal adjustment.
    The indexes for shelter, gasoline, and food all rose to lead to the seasonally adjusted increase in the all items index. The food index increased 0.2 percent in June, with the indexes for food at home and food away from home both rising 0.2 percent. Despite a 0.5-percent increase in the gasoline...
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  • Consumer prices rise at the fastest pace in 6 years

    2 monthes ago - By CNBC

    In the 12 months through June, the CPI increased 2.9 percent, the biggest gain since February 2012.
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  • Average US mortgage rates edge up; 30-year at 4.53 percent

    2 monthes ago - By Chron

    WASHINGTON - Long-term U.S. mortgage rates edged higher this week, marking their first increase since early June.
    Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages ticked up to 4.53 percent from 4.52 percent a week earlier.
    Despite the decline in recent weeks, long-term loan rates have been running at their highest levels in seven years. The average benchmark 30-year rate reached a high this year of 4.66 percent on May 24. The rate stood at 4.03 percent a year ago.
    The average rate on 15-year, fixed-rate loans rose to 4.02 percent this week from 3.99 percent...
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  • U.S. inflation steadily firming; labor market strong

    2 monthes ago - By Reuters

    U.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Federal Reserve on a path of gradual interest rate increases.
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  • US inflation reaches 2.9 percent in June, highest in 6 years

    2 monthes ago - By Chron

    WASHINGTON - Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance, and higher rent.
    The Labor Department said Thursday that the consumer price index ticked up just 0.1 percent in June. But inflation jumped 2.9 percent from a year earlier, the largest annual gain since February 2012. Core prices, which exclude the volatile food and energy categories, rose 0.2 percent in June and 2.3 percent from a year earlier.
    Solid economic growth and supply bottlenecks have pushed inflation past the Federal Reserve's 2...
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  • US consumer prices rise in June from year ago at fastest pace in 6 years

    2 monthes ago - By Chron

    WASHINGTON - US consumer prices rise in June from year ago at fastest pace in 6 years.
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