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American consumers are getting nervous about inflation again. For now, they’re still spending
Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ... Read More
US retail sales rise in July; softening job market poses risk to spending
WASHINGTON, Aug 15 (Reuters) - U.S. retail sales increased solidly in July, supported by strong demand for motor vehicles as well as promotions by Amazon.com and Walmart, though a softening labor ... Read More
Retail sales rise 0.5% in July, missing forecasts but marking second straight monthly gain after spring slide
Retail sales in July rose 0.5% from the prior month, a rise that was slightly below Wall Street forecasts but a sign the consumer continues to steady the ship after a dramatic drop in spending this ... Read More
Home Depot and Lowe's earnings face housing slowdown, tariffs test
Home Depot and Lowe's report earnings this week amid big headwinds, including a stalled U.S. housing market recovery, tariffs, and a consumer allergic to big spending, with investors clamoring for ... Read More
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