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Economic Report: U.S. industrial output falls 0.2% in May after two straight gains

Industrial production fell 0.2% in May, the Federal Reserve reported Thursday.

Economic Report: U.S. jobless claims top 262,000 and stick near highest level in almost two years

The number of people who applied for unemployment benefits last week was unchanged at 262,000, leaving it at the highest level since October 2021 and pointing to some softness in a muscular U.S. labor market.

Economic Report: Import prices sink again to help ease U.S. inflation

The cost of imported goods fell in May for the fourth time in the past five months and continued to put downward pressure on U.S. inflation.

: UnitedHealth’s stock selloff chopped more than 200 points off the Dow’s price

UnitedHealth's stock suffered its worst percentage performance in three years after the health insurer said it was seeing pent-up demand for surgeries.

The Ratings Game: SoFi’s stock set to snap record winning streak after downgrade

The rating change doesn't reflect major concerns about SoFi's recent but rather is a reaction to the stock's sizable recent move higher.

Market Extra: European Central Bank lifts interest rates after Fed takes a pause

The European Central Bank on Thursday lifted interest rates by a quarter of a percentage point, as expected.

Economic Report: Retail sales rise again and point to resilience of the U.S. economy

Sales at retailers rose 0.3% in May and showed surprising strength in a sign of durability of the current U.S. economic expansion.

Economic Report: New York Empire State, Philadelphia Fed factory indexes mixed but show signs of optimism

Two U.S. regional Federal Reserve gauges of manufacturing activity were mixed in June, according to data released Thursday.

: AI’s dark side targets older adults in scams

Scams have gotten more sophisticated, with artificial intelligence mimicking images and voices to defraud victims.

Need to Know: The Fed has not halted this stock market rally. But here’s what could.

Evercore analysts say don't get too worked up about the Fed meeting because momentum continues to drive this stock market. And here's what might stop that.

: Songwriters sue Twitter over music copyright violations

The suit seeks a court declaration that Twitter "willfully infringed" the musical work for about 1,700 songs. Plaintiffs are asking for up to $150,000 for every piece of work infringed.

Futures Movers: Oil prices bounce after rise in U.S. crude supplies sparks selloff

Oil futures rise Thursday, bouncing after a selloff the previous session in the wake of a large jump in crude inventories.
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