The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential loss of federal food benefits, and a wobbly job market outlook that is already taking a toll on earnings.

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Reuters Business

Reuters Business

 

US economy at risk of wobble as lower-income consumers get squeezed 

 

BofA CEO faces calls to boost returns, dealmaking as investors gather 

 

Kimberly-Clark to buy Tylenol maker Kenvue for over $40 billion 

 

QatarEnergy, Exxon executives warn of Europe exit over climate law 

 

Morning Bid: November lift ahead of tariff hearing 

 

Glencore plans to shut Canada’s largest copper metal operation over costs 

 

US stock futures rise on AI optimism; Kimberly-Clark plunges after Kenvue deal 

 

Fed's Miran: Can't judge stance of monetary policy from buoyant financial markets 

 

Tesla sales plunge again in some European markets in October 

 

Spanish black olive exporters urge EU to hit back on US tariffs 

 

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