Retail spending fell in March as consumers pull back

Washington DC CNN , The expenditure on American retailers fell in March as consumers fulfilled the possibility of recession after the banking crisis. The Department of Commerce said on Friday that retail sales, which are adjusted to the weather, fell 1% in March, not for inflation. According to the refinative, and in the pre -revised…

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Stock market and bank earnings updates: Dow and S&P 500

The stock slipped on Friday after a slate of large banks earnings, leading to the Federal Reserve raising interest rates in their next two meetings. Nevertheless, the major indices for the week received. Dow increased 400 points or 1.2%. S&P 500 obtained 0.8% and NASDAQ upgraded 0.3%. JP Morgan Chase on Friday reported the First-Quarter…

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