Economy Jul 16

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Consumer Prices Rise at Fastest Rate Since ’82

The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy.

Economy May 29

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Food Prices Will Likely Remain High, Report Warns

Declaring cheap food a thing of the past, officials said in a report released Thursday that world food prices are likely to fall from their current levels in the years ahead but will stay "substantially above" average costs from the…