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Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates cutting interest rates. The personal consumption expenditures price index excluding food and energy costs increased 0.4% for the month and 2.8% from a year ago, as expected according to the Dow Jones consensus estimates. Headline
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Shares of Best Buy Inc. BBY, +0.78% leapt 4.2% toward a seven-month high in premarket trading Thursday, after the retailer reported fiscal fourth-quarter results that beat expectations, as strength in the international business helped offset continued pressure on consumer electronics sales. Net income for the quarter to Feb. 3 fell to $460 million, or $2.12
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To really build a complete retirement budget as a couple, you’ll need to take into account both potential income sources and realistic expenses. While it’s possible to come up with an estimated income or range of incomes from these figures, the expense side of the budget is equally important and potentially much more variable. Other
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Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 29: Ultrapar Participações S.A. UGP: This energy and infrastructure company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.8% over the last 60 days. Ultrapar Participacoes S.A. Price
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The boycott of Bud Light by U.S. consumers continues, its parent company Anheuser-Busch InBev reported Thursday. Revenue fell 17.3% in the U.S. during the fourth quarter, including a 12.1% decline in sales to retailers, primarily due to the volume decline at Bud Light, the company said. Sales in the U.S. have tumbled since transgender star
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Welcome to an insightful journey into the world of entrepreneurship, investment and gender equity with Bridget Greenwood and Amber Ghaddar, co-founders of the pioneering initiative, the 200 Billion Club. Since meeting at London Tech Week stage a few years ago, I’ve closely observed their remarkable trajectory, witnessing a series of accolades that rightly celebrate their
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