Inflation accelerated in March
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Description
The Fed’s preferred inflation gauge advanced 2.7% on an annual basis; Fed policymakers expected to leave interest rates unchanged next week; Global oil giants report lower profits; Capital One profits jump thanks to more interest income.
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Published 05/07/24
Disney lost money on streaming but, if ESPN were stripped out, Disney+ and Hulu made a profit; BP’s latest quarterly earnings are down from the previous quarter; Social Security and Medicare will run out of money in about a decade; Uber and Instacart join forces.
Published 05/07/24
Published 05/07/24
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