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Consumer prices rose 0.3% in April, less than expectations
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent. The consumer price index, a broad measure of how much goods and services cost at the cash register, increased 0.3% from March,
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FTSE 100 Gains After Jobs Data
U.K. stocks edged up slightly on Tuesday while the British pound steadied as data showed the U.K. job market is cooling. Average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to
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European Shares Struggle For Direction In Lackluster Trade
European stocks struggled for direction on Monday after recent string of gains. A cautious undertone prevailed after more Federal Reserve officials said on Friday that U.S. interest rates are likely to remain at elevated levels until there is clear sign that the rate of inflation is slowing. Investo
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Swiss Consumer Confidence Broadly Stable At -38.1
Swiss consumer confidence was almost unchanged in April, survey results from the State Secretariat for Economic Affairs, or SECO, showed Monday. The consumer confidence index stood at -38.1 in April versus March's 8-month high of -38.0. Further, the consumer sentiment index remained below the long-t
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