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US unemployment claims fall for 6th straight week

The number of people signing up for benefits exceeded 900,000 in early January and has fallen more or less steadily ever since.

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Another price jump tightens the squeeze on US consumers

American consumers absorbed another surge in prices in May — a 0.6 percent increase over April and 5 percent over the past year, the biggest 12-month inflation spike since 2008.

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