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See AllA key inflation gauge watched closely by the Federal Reserve climbed on an annual basis in February. The personal consumption expenditures price index (PCE) headline figure rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below the estimate of economists surveyed by LSEG.Excluding food and energy, prices rose 2.8% annually in February and 0.3% from the prior month. Both figures were in line with expectations. Consumer spending spiked…
A mob in Taxco, Mexico, brutally beat a woman to death because she was suspected…
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View MoreThe home insurance market is crumbling in New Orleans, leaving Alfredo Herrera with few options for coverage — and skyrocketing insurance premiums. Herrera, 35, works in finance for a local bank. He bought his 900-square-foot home in New Orleans’ Mid-City neighborhood in 2020 for $270,000, and lives there with his…
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