HeyJaredLucia Mutikani
- Indexed articles, last 90 days
- 8
- Latest publication
- Sep 30, 2026
- Outlet visibility, for KSL.com
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- Jul 14, 2026
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Inflation rises less than expected in August; consumer spending surges (opens the original)
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WASHINGTON — Inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month. The Personal Consumption Expenditures Price Index rose 0.3% last month after a downwardly revised 0.1% gain in July, the Commerce Department's Bureau of Economic Analysis said on Wednesday. Economists polled by Reuters had forecast the PCE price index rising 0.4% after a previously reported 0.2% gain in
Factory production falls in August; outlook clouded by rising costs (opens the original)
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WASHINGTON — Factory production unexpectedly fell in August, and higher oil prices and rising interest rates could offset some of the support from an artificial intelligence buildout, likely keeping activity moderate for the rest of the year. The decline in output, reported by the Federal Reserve on Friday, followed seven straight months of increases. The central bank on Wednesday raised interest rates for the first time in three years and flagged further increases in borrowing costs in the mon
Single-family housing starts rebound in August; building permits fall (opens the original)
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WASHINGTON — Single-family homebuilding increased in August, but a drop in permits for future construction suggested the improvement was likely temporary as rising inflation because of the war in the Middle East boosts mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, jumped 7.6% to a seasonally adjusted annual rate of 918,000 units last month, the Commerce Department's Census Bureau said on Thursday. They rose 5.2% on a year-over-year basis in August.
Trade deficit widens in July; capital goods imports hit record high (opens the original)
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WASHINGTON — The trade deficit widened sharply in July as strong domestic demand boosted imports, positioning trade to exert another drag on economic growth in the third quarter. The trade shortfall increased 24.4% to $88.6 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. Economists polled by Reuters had forecast the deficit at $90.0 billion. The deterioration was flagged by data last week showing an import-driven surge in the goods trade defi
Consumer prices increase as expected in July (opens the original)
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WASHINGTON — Consumer prices increased slightly in July, potentially weakening the argument for an interest rate increase from the Federal Reserve next month. The Consumer Price Index edged up 0.1% last month after dropping 0.4% in June, which was the first decline in six years, the Labor Department's Bureau of Labor Statistics said on Wednesday. In the 12 months through July, the CPI advanced 3.4% after rising 3.5% in June. Excluding the volatile food and energy components, the CPI gained 0
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