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A 35 percent rise in gas prices didn't dampen demand at restaurants like McDonald's, Burger King and Taco Bell, which reported increased sales.
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U.S. sanctions on Iran, the rift between the U.S. and Saudi Arabia, and possibly higher ethanol content will unsettle gas prices for a while.
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Stock and bond prices moved lower after the Bureau of Labor Statistics issued a strong-than-expected employment report for October, which bolsters the case for the Federal Reserve to push ahead with interest-rate increases this year and next.
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