For a long time, soda has been one of my favorite indulgences at the grocery store. While I try to buy mostly healthy, organic items, I really enjoyed having a can or two of soda over the course of the day -- so I'd end up breaking out my credit cards to buy it every time I went to the grocery store. Recently, though, soda prices have been rapidly increasing -- along with the costs of many other grocery items.
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Amundi, Europe's biggest fund manager, posted better-than-expected first-quarter inflows on Friday thanks to its joint ventures in Asia and continued appetite for risk-averse products that underpinned 9.4% yearly growth of assets under management. Total AUM at Amundi rose by close to 17 billion euros ($18.23 billion) in the quarter to 2,116 billion euros, setting a new record and reflecting growth of 3.9% from the previous quarter. This beat the analyst consensus compiled by Visible Alpha and cited in a note by Royal Bank of Canada (RBC), which predicted an increase of 4.6 billion euros.
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The index measuring changes in personal finances during the last year was up two points to -11.
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The Biden administration plans to impose new restrictions on firearms exports and increase scrutiny on transactions to limit diversions of guns to drug cartels, criminal groups, gangs and others, a Commerce Department official said late on Thursday. The department on Oct. 27 issued a pause on most firearm exports to assess the "risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities." The department plans to announce on Friday it will lift the pause from May 30 when the new restrictions take effect.
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