Of the five goals Rishi Sunak set for himself at the start of 2023, he met just one — halving inflation by the end of last year. On Wednesday, he may be able to go further and declare victory over the cost-of-living crisis, with the consumer price growth forecast to drop to near the 2% target and hit its lowest level since July 2021.
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We're still in the middle of earnings season. While that usually means that management teams give minor updates about financial performance, there are still some market-shaking news stories that some businesses provide shareholders. Peloton Interactive (NASDAQ: PTON) was one of these headline-grabbing companies. The troubled fitness hardware and software provider is making big moves.
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Like bargains? Most people do. Whether you're talking about groceries, airplane tickets, or automobiles, the lower the price, the better the buy. Bargain prices aren't limited to physical goods though. Stocks can be bargains as well. Billionaire investor Warren Buffett largely became a billionaire, in fact, by buying value stocks as a means of maximizing the long-term bang.
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