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Provided by Dow Jones Jul 28, 2021 4:19 AM UTC New orders for products meant to last at least three years increased 0.8% to a seasonally adjusted $257.6 billion in June as compared with May, the Commerce Department said Tuesday. Economists surveyed by The Wall Street Journal had estimated a 2% gain. Is Tesla the Meme Stock of Yesteryear? For years, Tesla stock charged ever higher despite weak operating results. So far in 2021, that pattern has reversed itself. Australian Inflation Spiked in 2Q, But Jump Is Likely to Be Temporary SYDNEY-Australian consumer prices rose 0.8% in the second quarter, fanned by rising fuel costs, the Australian Bureau of Statistics said Wednesday.

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