US stocks trade mixed as investors take in Fed’s preferred inflation gauge, latest earnings

By The Fed’s favorite inflation measure came in as expected the past month, with prices up 3.7% year over year.AP/Mark LennihanUS stocks opened mixed on Friday as investors took in new data from the Fed’s favorite inflation gauge.PCE inflation rose 0.3% last month, in-line with economists’ expectations.Meanwhile, consumer spending came in stronger than expected, rising…

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Climate smart programs can help Arizona growers stay on the farm, ag boss Vilsack says

Vilsack told a Tucson audience that the USDA will dedicate more money to programs that strengthen energy and food production. TUCSON — U.S. Agriculture Secretary Tom Vilsack met with Arizona stakeholders on Thursday to underscore the vision and investments the agency is making to bolster local food economies and farm income through historic investments in…

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