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US wholesale inflation fell in July for 1st time in 2 years

WASHINGTON — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month.

 
Climate change, drilling loom large at Arctic summit

High-level officials from the world’s eight Arctic nations will meet in Alaska amid concerns about the future of the sensitive region after President Donald Trump called for more oil drilling and development.