Economy
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Markets signal optimism of U.S.-Iran resolution as oil prices fall and stock markets surge
The gains in U.S. stock markets this week have effectively erased the losses markets took since the start of the conflict on Feb. 28.
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Producer prices rise far lower than expectations in March
The producer price index, which measures the inflation rate at the wholesale level, increased half what estimates had expected to see.
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Consumer prices rose at annualized rate of 3.3% in March: federal government
The annual rate was the highest since April 2024.