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The price of a gallon of gasoline jumped again on Friday, hitting its highest level in a year and a half. Surging oil prices, now above $90 a barrel, suggest that the increases will continue.
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In opening a military campaign against Iran, President Trump is the first president in modern times to take the United States to war without the backing of the public.
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Stock movements this week had already been choppy as investors weighed the inflationary impact of the conflict in the Middle East. The jobs report complicated matters.
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The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.
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The weaker-than-expected numbers quickly became a source of tension between the two parties ahead of the midterm elections.