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US inflation rose 8.5% in past year, highest since 1981

Even excluding volatile food and energy prices, which have driven overall inflation, so-called core inflation jumped 6.5 percent over the past 12 months, the biggest such increase since 1982.

Inquiry about farm prices raises hopes for US-China trade talks

China’s Commerce Ministry said Thursday that Chinese importers are asking U.S. suppliers for prices of soybeans, pork and other farm goods. It’s a sign they might step up purchases of American products, a possible goodwill gesture ahead of talks next month aimed at ending the tariff war.

European Central Bank unveils stimulus for uncertain economy

FRANKFURT, Germany — The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit.

Starbucks to stop selling some newspapers in US stores

Starbucks will quit selling The New York Times, Wall Street Journal and Gannett papers like USA Today in more than 8,600 U.S. stores in September, citing “changing customer behavior.”