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Bitcoin retreats after Fed’s preferred inflation gauge shows mild uptick

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Key Takeaways Bitcoin declined after the Core PCE inflation gauge exceeded expectations, signaling mild inflationary pressure. US consumer spending and personal income both decreased, indicating potential weakening in economic momentum. Share this article Bitcoin dropped below $107,000 early Friday after the core Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, ticked higher than … Read more

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

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Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at … Read more

Amazon emails sellers to gauge how Trump’s tariffs impacting business

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Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images Amazon is reaching out to third-party merchants, who account for the majority of products the company sells, to gauge how President … Read more

China invites U.S. business leaders to Beijing, tries to gauge Trump

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Attendees pose for a group photo before the opening ceremony of the China Development Forum 2025 at the Diaoyutai Guesthouse on March 23, 2025, in Beijing. China News Service | China News Service | Getty Images BEIJING — China courted the executives of major U.S. businesses at an annual conference this week in a sign … Read more

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