U.S. consumer spending and inflation rise in April
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U.S. consumer spending and inflation rise in April
STORY: American consumers spent more than expected in April, boosting the economy's growth prospects for the second quarter.\n\nCommerce Department data released Friday showed an increase in consumer spending of 0.8% last month; that’s twice as much as what economists polled by Reuters had expected.\n\nThe increase comes even as prices ...
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