• Analysis: Can U.S. economy withstand gasoline price curse?

    WASHINGTON (Reuters) - Could history repeat itself? That is a question uppermost in the minds of many Americans as they warily watch gasoline prices at the pump rise week after week. After all, a spike in gasoline prices early last year helped nearly knock the economy back into recession. The answer, economists say, is that this time is different: the recovery is in far better shape to absorb the blow. "This is the dark cloud in an otherwise brightening domestic economic picture. ...

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