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Corporate America hasn't been this profitable since 1950
Major corporations are largely shrugging off inflation on their way to record profits, government data shows.
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Kate Gibson is a Reporter for CBS MoneyWatch in New York, where she covers business and consumer finance. She previously worked for CNBC and MarketWatch and has written for national news outlets, including Barron's, the Wall Street Journal and the Chicago Tribune.
Major corporations are largely shrugging off inflation on their way to record profits, government data shows.
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