Us Breaking News Us Shoppers Sharply Boosted Spending At Retailers In July Despite Higher Prices
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US retailers feel the pinch as inflation spikes again
The inflation spike squeezes US retail on two fronts: consumers cutting discretionary spend and chasing deals, while operators face rising costs hard to pass through. Read More
Walmart US CEO Says Shoppers Are Still Spending at Healthy Rate
Walmart Inc.’s US CEO said shoppers are spending at a healthy rate and remain resilient, despite warning signs from banks about the economy. Read More
America's wealthiest shoppers are boosting spending — and the US economy — while lower earners pull back
Americans making over $100,000 a year are boosting the US economy, with industries ranging from travel and the auto industry to packaged foods and even dollar stores feeling the shift. Read More
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