US Economy Shows Signs of Strain Amid Inflation and Tariff Challenges

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Source: ABC News
US Economy Shows Signs of Strain Amid Inflation and Tariff Challenges
Photo: ABC News
TL;DR Summary

Recent US economic data shows warning signs with rising unemployment and stagnant retail sales, indicating a potential slowdown amid mixed signals of resilience in sectors like healthcare and construction. The reports, delayed by the government shutdown, suggest a cautious outlook for the economy, with the Federal Reserve having recently cut interest rates to support growth.

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