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JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has ...