Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. META are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase for the U.S. economy.
The U.S. economy grew by a 1.6% annualized pace in Q1 2024, slowing down sharply…

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