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Dow drops 1K after Federal Reserve chief says rates will stay high

Stocks fell at first, then erased nearly all their losses, and then turned decisively lower with all but five of the companies in the S&P 500 ending up in the red.

Consumer prices rise 6.3% in July as inflation eases

WASHINGTON — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked.

Russian goods still flowing to US 6 months into Ukraine war

BALTIMORE — On a hot, humid East Coast day this summer, a massive container ship pulled into the Port of Baltimore loaded with sheets of plywood, aluminum rods and radioactive material — all sourced from the fields, forests and factories of Russia.

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