U.S. stocks are falling Wednesday after a report said inflation is unexpectedly getting worse for Americans.

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While the fresh inflation reading represents only one print, it casts further doubt on whether the Fed has any more room to cut rates at all. It also resurfaced talk about whether ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.