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High gas prices, cost of living send US consumer sentiment to all-time low

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surge afterward.

Some of the sharpest declines in sentiment came from lower-income consumers and those without college degrees, she said, noting that increases in the cost of fuel and other essentials hit those groups particularly hard.

US gas prices are nearing all-time highs as the Strait of Hormuz – an important passageway for the shipping of oil continue reading …

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