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Wholesale prices rise more than expected in June
WASHINGTON (AP) — Wholesale prices took a bigger-than-expected leap in June, rising the most since November 2007, led by more expensive energy products.
The 1.8 percent jump in the Producer Price Index, which tracks the costs of goods before they reach store shelves, came after wholesale prices rose 0.2 percent in May, the Labor Department reported Tuesday. Economists expected a 0.9 percent gain last month.
...continued

Retail sales rise better-than-expected 0.6 percent
Johnson & Johnson sees lower sales, 3.5 percent dip in 2Q profit
GM chief says company will make money, repay loans
Stocks fall as earnings jitters increase
Oil below $60 as traders eye company results
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