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The lowest annualized inflation since 2022 suggests high interest rates are finally starting to work.

Combined with a second month of expansion among manufacturers, the services data pushed the S&P Global composite purchasing managers index up to a 26-month high.

The suit alleges gender-based pay discrimination, biases against women in its performance evaluation system, and maintenance of a hostile work environment.

Larry Summers: "I don't see the evidence for his belief. When you launch attacks and others respond, the whole thing can spiral."

A former employee alleges that the bank used assets forfeited by former workers for its own financial benefit instead of for plan participants.

In a sign of consumer strain, the value of retail purchases increased just 0.1% in May, after a downwardly revised 0.2% drop in April.