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After three straight years of sales growth, Home Depot went into reverse in the first quarter, and sales and profit are expected to tumble again in the second quarter when the company announces its earnings Tuesday. ....

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Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed

New York (CNN) — More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers. ....

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The rate of Americans failing to pay credit cards and car loans climbs above pre-Covid levels

More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers. ....

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The rising cost of shelter represented 90% of last month's inflation

The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month but there’s a sharp turnaround ahead, say economic researchers at the Federal Reserve Bank of San Francisco. ....

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Mortgage rates rise to just short of 7%

US mortgage rates rose for the third week in a row but stayed just under the 7% threshold. ....

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