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EU upbeat over economic growth, concerned about inflation

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BRUSSELS — European Union economies are set to rebound by their highest rates in decades as coronavirus restrictions ease, but still face risks posed...

Have a seat: Patio furniture shortage tells US economic tale

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COCKEYSVILLE, Maryland — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture. ...

New auto sales, prices rise as chip shortage cuts US supply

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U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories...

San Francisco Fed’s Daly: Healthy economy needs less support

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WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...

UK urged to defer winding down of salary support program

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LONDON — Business leaders and unions joined forces Thursday to urge the British government to maintain a salary subsidy program that is being wound...

This week: Home prices, Walgreens earnings, June jobs report

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A look at some of the key business events and economic indicators upcoming this week: ...

Gas prices rise again, no sign of letting up this summer

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After a brief dip, gas prices in the U.S. are on the rise again. ...

US mortgage rates rise over 3%; 30-year at 3.02%

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WASHINGTON — Mortgage rates rose above the 3% mark this week for the first time in 10 weeks, as the economic recovery from the...

Inflation poses new challenge for pandemic-weary businesses

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NEW YORK — Small businesses that endured shutdowns and lower revenue during the COVID-19 outbreak now must contend with another crisis: spiking prices for...

Czech central bank raises key rate to 0.5% to tame inflation

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PRAGUE — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as...