Rising costs for companies are worrying investors already concerned about a step down in U.S. corporate profit growth next year as Wall Street's focus turns away from 2018's tax-fueled earnings boost.
from Reuters: Business News https://ift.tt/2CDVsLx
Thursday, October 11, 2018
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Mounting costs add to worries about 2019 U.S. profit growth
Pound falls as borrowing costs rise to highest since 2008
Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU
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