Dollar General (DG) shares are down in the pre-market trading session after JP Morgan analysts cut its rating from 'Neutral' to 'Underweight.' Income worries, retail shrink, and consumers 'acting recessionary' by spending more strategically are several factors analysts forecast will contribute to flattened sales growth. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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OTTAWA — Canada's inflation rate has been rising for two consecutive months as underlying price pressures remain stubbornly high, a combination that makes the Bank of Canada's next interest rate decision more challenging. Statistics Canada released its latest inflation reading on Tuesday, which shows the annual rate rose to four per cent in August, up from 3.3 per cent in July. Forecasters were widely anticipating inflation to come in hotter last month due to higher gasoline prices.
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