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economy, first quarter earnings
(Image from article: "Obama hails economy's 3.2% growth rate ")

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First Quarter Earnings Topics

Retail sales unexpectedly fall in March

Retail - Reuters

Retail sales contracted in March for the second time in three months, a sign the American economy may have stumbled at the end of the first quarter.

 

Consumers in spending mood in February

Spending rose by the most in seven months, raising hopes that first quarter economic growth may have been stronger than expected.

 

FedEx Spooks Everyone Saying Global Economy Will Cool Significantly

FedEx scared markets in its first quarter earnings report, noting the global economy would slow and demand, particularly from Asia, would cool, putting downward pressure on the stock.

 

Obama hails economy's 3.2% growth rate

Obama hails economy's 3.2% growth rate

President Barack Obama acclaimed a government report on Friday that showed the economy expanded at a 3.2 percent rate in the first quarter, saying it was an "important milepost on the road to recovery."

 

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