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Key US inflation measure ticks up in August
Key US inflation measure ticks up in August
Business and Economy
by  AFP

The key US inflation measure used by the Federal Reserve to set interest rates ticked up again in August, fueled by rising energy prices, according to government data published Friday. Slowing core inflation is likely to be seen as a positive development among policymakers, since it indicates that prices are still heading in the right direction despite the recent rise in energy costs.

South Korean gamer 'Faker' gets rock-star treatment at Asian Games
South Korean gamer 'Faker' gets rock-star treatment at Asian Games
Business and Economy
by  AFP

Wearing shirts adorned with his name and waving banners displaying his face, the frenzied crowd in Hangzhou was not waiting to catch a glimpse of a pop star -- but rather a video gamer. And fans are turning out in force to prove that gamers can have as much star power as top basketball or football players -- or in Lee's case, perhaps even more.