Suddenly a lot seems to be turning sour for the economy. Oil prices have soared: Despite a $3-per- barrel fall on Apr. 27, they've climbed nearly 20% in the past four months alone. Due to sharply higher prices at the gas pump, consumer confidence is cratering, falling to its lowest level in five months in April. Corporate execs also are turning more cautious as signs of weakness in the economy
Posted May 02, 2005
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