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U.S. economic growth is showing signs of deceleration, Federal Reserve Chair Jerome Powell stated, citing modest consumer spending and tariff-related import surges. Despite this slowdown, the economy and labor market remain robust. The Fed is closely monitoring the impact of tariffs on inflation, with potential for both temporary and persistent price increases.
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Nissan Americas chairman Christian Meunier expressed concern over potential tariffs, warning they could significantly increase vehicle prices, making them unaffordable for middle and lower-class consumers. He highlighted the risk of affordable car segments disappearing, especially models like the Nissan Versa produced in Mexico. While Nissan could expand U.S.
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News and Media
Downdetector, which tracks platforms, showed more than 20,000 people reported Spotify was not working on Wednesday.
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News and Media
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