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Consumer sentiment perks up at the end of June, but inflation still a big worry
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MarketWatch - Business
Consumer stocks made a comeback in June — but U.S. households are still feeling the pinch
Consumer-discretionary stocks bounced back in June, raising hopes of a recovery after their tumultuous start to 2024. But market analysts warn that a comeback in this sector could belie underlying consumer weakness amid ongoing concerns over the ... -
MarketWatch - Business
Biden says ‘working-class people are still in trouble.’ These 4 expenses are still pinching consumers, even as inflation cools.
Donald Trump and Joe Biden sparred on inflation, and what caused it, during the debate. Here are four places where Americans still feel the pain of price hikes.Joe Biden -
The Wall Street Journal - World
Stocks Limp to End of a Big First Half
Nike shares tumbled to their worst day on record, dragging the Dow and S&P 500 to losses on Friday. -
CNBC - Business
Inflation isn’t stopping people from dining out, but consumers are getting savvy with spending
Even though inflation has slowed significantly, consumers still feeling the financial squeeze are opting for takeout, value meals and happy hour deals. -
The Hill - Politics
Inflation flatlines in May as pressure on Biden ramps up
The Federal Reserve’s favorite inflation gauge flatlined in May, according to new federal data released Friday. Prices rose 0 percent in May and were up 2.6 percent from a year ago, according to the Commerce Department’s personal consumption ...Joe Biden -
CBS Sports - Sports
Dynasty Fantasy Football Tight End Rankings: Still buying Pat Freiermuth and rookie tight end intrigue
Updated Fantasy Football rankings for tight ends in Dynasty leaguesFantasy Football -
CNBC - Business
There's a big Fed inflation reading coming Friday. Here's what to expect
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.Federal Reserve -
Yahoo News - World
Inflation in Germany fell to 2.2% in June, preliminary data shows
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Financial Times - Business
‘Immune, immune, immune’: Five key points from Trump’s Supreme Court case
Conservative majority breaks legal ground and reshapes prosecutions against former president while liberals lament
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Restaurant stocks are breaking down. That’s an ‘ominous’ sign for a ‘late-cycle market.’
Restaurant stocks are breaking down, adding to concerns over consumer-related parts of the market, says a top Wall Street technical analyst. -
MarketWatch - Business
Stocks are headed for a ‘summer squall,’ Citi warns
Citigroup equity strategist Scott Chronert has a list of reasons why a pullback this summer could be triggered in the stock market