Author: Christopher Rugaber, Associated Press
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US inflation held steady as mild tariff hit offset by cheaper gas, food
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WASHINGTON (AP) — U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago. Consumer prices rose 2.7% in July from a year earlier, the Labor Department said Tuesday, the same as the previous month and up from…
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From Colorado belt buckles to Alabama shrimp and grits: Federal shutdown hits businesses hard
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From a belt-buckle maker in Colorado to power restaurants in Washington to a brewery in California, businesses that count heavily on federal employees as customers are feeling the punishing effects of the government shutdown. In many cases, it’s forcing them to cut workers’ hours and buy less from suppliers – measures that could ripple through…
