US companies face biggest decline in profits since Covid shutdowns
Edited By WION Video Desk
Published: Apr 11, 2023, 03:30 IST | Updated: Apr 11, 2023, 03:30 IST
Corporate America is facing its sharpest drop in profits since the early stages of the coronavirus pandemic, according to Wall Street forecasts, as high inflation squeezes margins and fears of an impending recession hold back demand.
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