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Consumer prices rise by 0.4 percent
Aug 16 2006 7:29PM (CT)
WASHINGTON (AP) - A new surge in energy prices pushed inflation higher in July, but other prices were more restrained, raising hopes on Wall Street that interest rates won't be rising further.
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Housing construction down in July
Aug 16 2006 11:32AM (CT)
WASHINGTON (AP) - The Commerce Department reported Wednesday that construction of new homes fell in July for the fifth time in the past six months, providing further evidence that the once-booming housing market is slowing.
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