STOCK MARKET NEWS: Futures lower, oil rises, jobless claims on tap

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Top Senate Republican proposes ‘inflation relief’ through tax credit adjustmentsSen. Chuck Grassley, R-Iowa, plans to introduce the “Family and Community Inflation Relief Act,” which would adjust the phase-out thresholds or deductible amounts for several tax credits and other benefits for families and students.The plan comes a week after new June inflation data from the Labor Department showed…

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