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- A customer pumps gas at this Madison, Miss., Sam's Club, after filling up a gasoline container, Tuesday, May 24, 2022. Wholesale retail chains stores like Costco and Sam's Club tend to price their gas and diesel competitively against one another while major gas chain prices are usually higher. (AP Photo/Rogelio V. Solis)
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US consumer confidence slips in May amid stubborn inflation
By MATT OTT - AP Business Writer
Tue,05/31/22-9:15AM , 317 Reads
SILVER SPRING, Md. (AP) —

U.S. consumer confidence edged lower in May as Americans' view of their present and future prospects dimmed in the midst of persistent inflation.

The Conference Board said Tuesday that its consumer confidence index dipped to 106.4 in May — still a strong reading — from 108.6 in April.
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- A hiring sign is displayed outside of a Starbucks in Schaumburg, Ill., Friday, April 1, 2022. The number of Americans applying for jobless aid ticked up slightly last week but the total number of Americans collecting benefits remained at its lowest level in more than five decades. Applications for unemployment benefits rose by 1,000 to 203,000 for the week ending May 7, the Labor Department reported Thursday, May 12. (AP Photo/Nam Y. Huh)
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More Americans apply for jobless benefits last week
By MATT OTT - AP Business Writer
Thu,05/19/22-7:43AM , 181 Reads
WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low.
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- The mobile phone icon for the Coinbase app is shown in this photo, in New York, Tuesday, April 13, 2021. Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop ever on Wednesday, May 11, 2022, as the famously volatile crypto market weathers yet another slump. (AP Photo/Richard Drew, File)
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Coinbase loses half its value in a week as crypto slumps
By MATT OTT - AP Business Writer
Wed,05/11/22-2:05PM , 139 Reads
SILVER SPRING, Md. (AP) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump.
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- A "now hiring" sign is posted in Garnet Valley, Pa., Monday, May 10, 2021. Applications for unemployment benefits inched down last week, Thursday, April 21, 2022, as the total number of Americans collecting aid fell to its lowest level in more than 50 years. (AP Photo/Matt Rourke, File)
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More Americans apply for jobless aid last week
By MATT OTT - AP Business Writer
Thu,05/05/22-7:40AM , 195 Reads
WASHINGTON (AP) — More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid is at its lowest level in more than 50 years.
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