US consumer sentiment weakens in October

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US consumer sentiment weakens in October
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U.S. consumer sentiment fell sharply in October as households anticipated higher inflation over the next year, a survey showed on Friday. The University of ...

WASHINGTON - U.S. consumer sentiment fell sharply in October as households anticipated higher inflation over the next year, a survey showed on Friday.

"Nearly all demographic groups posted setbacks in sentiment, reflecting the continued weight of high prices," Joanne Hsu, the director of the University of Michigan's Surveys of Consumers, said in a statement. The five-year inflation outlook rose to 3.0% from 2.8% in the prior month, staying within the narrow 2.9-3.1% range for 25 of the last 27 months.Denis Charlet/AFP via Getty ImagesFrenzied knife attacks were reported in China and France on Friday after Hamas called for the 13th to be a global “day of rage” in response to the group’s ongoing war with Israel.The disturbing acts of violence cannot be immediately linked to the war but the first victim was an employee of the Israeli embassy.

'She's against torture, but wants us to be tortured?': Montreal woman verbally attacks driver with Palestine flag

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