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US business activity at more than five-year high; inflation pressures building

By Lucia MutikaniUS business activity raced to a more than five-year high in September, fueled by a surge in new orders, though strong demand strained supply chains and pushed prices higher.S&P Global said on Wednesday its flash US Composite PMI Output Index, which tracks the manufacturing and serv…

S&P Global said on Wednesday its flash US Composite PMI Output Index, which tracks the manufacturing and serv…