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Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue.
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Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut New York Post Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates CNBCStock Market Slashes Heavy Losses After Weak GDP, Meta Plunge; Key Inflation Report Next Investor's Business DailyStocks, Bonds Tumble After Economic Data Release The Wall Street JournalMidday movers: Meta, IBM, Caterpillar fall; Chipotle rises By Investing.com Investing.com
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Markets fall as investors worry about low economic growth and stubborn inflation rates CNNGDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates while inflation increases Yahoo FinanceGrowth slowing, inflation rebounding: Fresh, bitter Bidenomics pills New York Post U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown The New York TimesOpinion | A GDP Warning as Signs of Stagflation Appear The Wall Street Journal
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An overwhelming 77% of registered voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls.
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Wall Street stocks fall as weak GDP growth spreads rate-cut gloom Reuters.comDow closes lower by more than 370 points as inflation, growth worries resurface: Live updates CNBCStock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices Kiplinger's Personal FinanceDow Jones Today: Dow Falls 400 Points as GDP Data Adds to Earnings Woes; Meta Tumbles InvestopediaStocks, Bonds Tumble After Economic Data Release The Wall Street Journal
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