Category: Economy
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Wall Street ends week higher on US soft landing hopes
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – All three major U.S. indexes ended the week with gains, after a slew of Big Tech earnings, economic data and central bank announcements boosted investor confidence in a soft landing for the U.S. economy. U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve…