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Prices Cool As Energy Costs Drop

 
 

Consumer prices eased in October, pushing inflation fears to the back burner. Activity at the nation s mines, factories, and utilities heated up in October. U.S. mortgage applications fell last week, as refinancing demand sharply dropped. Meanwhile, Target had a blowout quarter. The discount retailer posted a $555 million net income, getting a boost from sales in its new grocery division.

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