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13.03.26 - 15:48
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US Consumer Spending Stalls, GDP Takes a Hit (Bloomberg)
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Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth. (Source: Bloomberg)...
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13.03.26 - 15:06
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Burgers, Memes and CEOs: The Fast-Food War Goes Viral (Bloomberg)
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The viral video of McDonald's CEO Chris Kempczinski trying the chain's new Big Arch burger has taken fast food's burger war to social media. Bloomberg's Ben Steverman joins Stacey Vanek Smith and Max Chafkin on the Everybody's Business podcast to discuss the viral video and what it has to do with the K-shaped economy. (Source: Bloomberg)...
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13.03.26 - 14:18
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US Consumer Spending Barely Rises in January (Bloomberg)
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A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index rose 0.4% from December. Michael McKee has a first look. (Source: Bloomberg)...
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12.03.26 - 16:24
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Retail inflation rises to 3.21% in February as food prices climb (Times of India)
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India's retail inflation climbed to 3.21% in February, primarily driven by a surge in food prices. While this rise is within the RBI's target, specific items like gold and silver saw price acceleration. Core inflation remained steady, suggesting underlying price trends are moderate. Experts anticipate potential upside risks from oil prices but view them as temporary....
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