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Consumers Lose Confidence in Economy as Gas and Food Prices Rise

Consumers Lose Confidence in Economy as Gas and Food Prices Rise
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Dow tumbles as investors on edge ahead of Fed rate decision

Stocks traded lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the eve of a key Federal Reserve policy meeting to decide the direction of interest rates.

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Dow Drops 420 Points on Hot Labor Costs Data

Dow Drops 420 Points on Hot Labor Costs Data
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

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European shares slip as investors parse inflation data

Stoxx 600 notches first monthly loss in six even as data signals improving economic fundamentals

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Consumer Cos Down After Weak Economic Data -- Consumer Roundup

Consumer companies fell after weak economic data, and warnings from one bellwether about the impact of inflation.

The consumer confidence index sank to 97.0 this month from a revised 103.1 in...
-April 30, 2024 at 05:40 pm EDT
- MarketScreener

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How China's Economy Compares to the US

The IMF forecasts that the U.S. and Chinese economies will grow by 2.7 percent and 4.6 percent, respectively, in 2024.

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How US Economy Could Enter Stagflation After GDP, Inflation Data: Experts

A first-quarter GDP slowdown, paired with hotter inflation, is a sign of trouble for the Fed. Some analysts warn of eventual stagflation.

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