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U.S. Wholesale Inventories Rose Less Than Expected in July

U.S. wholesale inventories grew by 0.2% in July 2024, below the expected 0.3% increase. Inventories of short-term goods rose by 0.5%, while long-term goods increased...

Inflation Expectations Among U.S. Households Remained Steady in August

Annual inflation expectations among U.S. consumers stayed at 3% in August, unchanged from July and June. Five-year inflation expectations remained stable at 2.8%, while three-year...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

U.S. Banks Open More Branches Than They Close for the First Time Since 2012

Washington, April 7 (TASR) - For the first time since 2012, American banks opened more new branches than they closed in 2023. According to...

U.S. Tightens Chip Export Controls to China

Washington, March 31 (TASR) – The Biden administration on Friday (March 29) revised rules restricting the export of American artificial intelligence (AI) chips and...

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