Trump dodges blame for shocking dip in the economy

President Trump Wednesday sought to dodge blame for shocking first quarter dip in the economy even as markets and voters give his performance the thumbs down. Uncharacteristically urging patience, Trump…

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A Contender for the Papacy in the Mold of Francis

He never aspired to be a priest. After he rose to be a bishop, he implied that he suffered from impostor syndrome. And when Cardinal Luis Antonio Gokim Tagle of…

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US consumer spending surges in March, inflation cools | Reuters

WASHINGTON, April 30 (Reuters) – U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices and shortages due to tariffs, but that…

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Dow drops more than 500 points as sell-off intensifies following negative GDP data: Live updates

Copper on pace for worst day since April 4 Copper was last down 6.3%, on pace for its worst day going back to April 4 when the commodity fell 8.83%….

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Trump decries ‘Biden’s Stock Market’ after capping worst 100-day market performance in decades

President Trump was quick to respond Wednesday to the news that the US economy contracted for the first time in three years, which sent stock indexes lower. “This is Biden’s…

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Trump blames Biden for stock-market fall, a year after taking credit for stock-market climb

President Donald Trump on Wednesday blamed his predecessor, President Joe Biden, for the stock market’s weak performance, as the main U.S. indexes headed for losses after a report showed the…

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Inflation gauge favored by Fed showed price growth slowed in March

Published April 30, 2025 10:04am EDT The Federal Reserve’s preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank’s target rate. The Commerce…

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US inflation cools, consumer step up spending, as Americans brace for tariff impact

The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories. Economists forecast that inflation could reverse…

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Trump blames Biden after GDP shrinks in first quarter, says growth will ‘take a while’

U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. President Donald Trump on…

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Starbucks Reports Q2 Fiscal Year 2025 Earnings Results

Progress on “Back to Starbucks” Strategy Driving Confidence in Turnaround. SEATTLE – Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 30, 2025. GAAP…

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