Stock futures dip in countdown to key CPI data: Stock market news today

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August's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.

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NEW YORK — New York City's pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits.

 

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Stocks steady, dollar catches breath as traders eye US CPIAsian stock markets nudged sideways on Tuesday while the dollar took a breather, its recent gains chastened by resistance from central banks in China and Japan and by traders waiting on U.S. inflation data to signal that interest rates may have peaked. The yen notched its best day against the dollar in two months overnight, after Bank of Japan Governor Kazuo Ueda said policymakers might have enough economic information by year's end to determine that short-term rates will need to rise.
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Stocks steady, dollar catches breath as traders eye US CPIBy Tom Westbrook SINGAPORE (Reuters) - Asian stock markets nudged sideways on Tuesday while the dollar took a breather, its recent gains chastened by ...
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