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General Mills reaffirms full-year sales, profit forecasts

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March 18 (Reuters) - General Mills reaffirmed its annual sales and profit forecast on Wednesday after slashing it last month, as pressure on consumer spending and stiff competition muted demand for the Cheerios maker's pantry staples and snacks. Rising cost of living steered cash-strapped consumers... Read More.

Macy’s forecasts weak annual profit; sees tariff relief

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March 18 (Reuters) - Macy's on Wednesday forecast weaker‑than‑expected annual profit as shoppers rein in spending, though the U.S. department store chain said the hit from import tariffs should ease in the second half of the year. The department store operator joins retailers from Walmart... Read More.

Morning Bid: Fed plot unfolds

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By Mike Dolan March 18 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Given the backdrop of war and oil price volatility, investors' focus later today will be on whether Federal Reserve officials consider the inflationary implications of... Read More.
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