U.S. consumer spending rises in May, inflation still benign

WASHINGTON (Reuters) - U.S. consumer spending rose for a second straight month in May on increased demand for automobiles and other goods, but there are fears Britain's vote to leave the European Union could hurt confidence and prompt households to cut...

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General Mills quarterly profit beats estimates as costs fall

(Reuters) - General Mills Inc reported a better-than-expected quarterly profit, helped by cost cuts and higher demand in markets outside the United States, and the company forecast full-year earnings above analysts' expectations.

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