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U.S. inflation up 2.9% over year ago

Subscriber onlyConsumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gasoline, car insurance, and higher rent. Continue reading...

China set to import less U.S. soy

USDA sees first drop in 15 years as tit-for-tat tariffs kick in

Subscriber onlyChina has been gobbling up the world's soybeans at breakneck speed over the past decade. But as the trade dispute with the U.S. escalates, its imports of the oilseed are set to decline for the first time in 15 years. Continue reading...

Informant's award $30M in bank case

Subscriber onlyThe Commodity Futures Trading Commission has approved a record $30 million whistleblower award, it said Thursday. The award was the result of information that helped the agency sanction JPMorgan Chase & Co. for failing to properly inform some wealthy clients about conflicts of interest behind its investment recommendations, according to an attorney involved in the matter. Continue reading...

Agency appeals decision on AT&T

U.S. again seeks to undo merger

Subscriber onlyThe U.S. Justice Department said it's appealing a judge's decision allowing AT&T Inc.'s takeover of Time Warner Inc., renewing the government's antitrust fight against a merger that created a telecommunications and media giant. Continue reading...

Makers of drugs still push up prices

Subscriber onlyPresident Donald Trump succeeded in convincing Pfizer Inc. to hold off on price increases it had planned for this month. Continue reading...

7 fast-food chains agree to end curbs on worker transfers

Washington’s AG cites antitrust laws

Subscriber onlySeven national fast-food chains have agreed to end policies that block workers from changing branches -- limiting their wages and job opportunities -- under the threat of legal action from the state of Washington. Continue reading...

Tech companies lead stock rally

Subscriber only Technology companies soared Thursday as major U.S. stock indexes recovered the ground they lost a day earlier. The Nasdaq composite closed at another all-time high. Continue reading...

Business news in brief

Subscriber only$550 million awarded in talcum lawsuit Continue reading...

Cities grappling with parking, rules for rental scooters

Startups like Bird fly in and set up

Subscriber onlyOvernight in dozens of cities across the U.S., the electric scooters arrive, often without warning to public officials, parked along sidewalks and ready to be taken for a spin with a few taps on a smartphone. Continue reading...

Chinese, U.S. talks on trade taper off; Trump’s new list of tariffs blamed

Subscriber onlyHigh-level trade talks between the U.S. and China have ground to a halt as President Donald Trump's administration threatens to escalate a trade war that shows little sign of abating, according to five people familiar with the matter. Continue reading...

USDA rule sets up race for data

Crop report now to go only to Web

Subscriber onlyIt's the sort of edge any trader would covet -- and one the authorities were actually hoping to prevent. Continue reading...

June wholesale prices up 0.3%

Surge over past year at 3.4% marks largest rise since 2011

Subscriber only U.S. wholesale prices rose 0.3 percent in June, a slight slowing from May. But the 12-month gain was the fastest in more than six years, adding to evidence that inflation is beginning to rise after years of weak price gains. Continue reading...

Twitter to purge frozen profiles

Users to lose followers; Trump, Obama among the first hit

Subscriber onlyOn Wednesday, Twitter said it would begin removing large numbers of profiles that had been included in people's follower counts -- even though these profiles had been frozen by the company's security team for suspicious behavior, rendering them completely inactive for significant periods of time. Continue reading...

Merger-acquisition boom raises question of when it will end

Subscriber onlyMultibillion-dollar deals that will reshape the health care and media industries have set 2018 on course to be the biggest year on record for global mergers and acquisitions. Now, after an unprecedented five years of bumper activity, deal-makers are starting to sound a note of caution. Continue reading...

Fox raises bid in its pursuit of British broadcaster Sky

Subscriber only21st Century Fox on Wednesday increased its takeover offer for the British satellite broadcaster Sky, extending a bidding war over one of Europe's most prized media companies and, ultimately, much of Rupert Murdoch's empire. Continue reading...