Economy News: Economy is marginally improving but only because the rich are splurging on luxury items and holidays, the Fed says

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Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 16 January 2026; Created: 16 January 2026; Last Updated: 16 January 2026

The Minneapolis Fed said that while retailers catering to higher-end consumers reported increased sales, those targeted at middle and lower-end consumers are "getting pretty beat up." ...
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Posted: 2026-01-15 03:50:40

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