Friday, 15. August 2025 Share: YouTube RSS

Carbuyers rev up U.S. retail sales in effort to beat tariff price hikes. Economy is still growing.

Sales at retailers rose solidly in July for the second month in a row, but the increase in spending appeared to be a double-edged sword: Americans are still confident enough in the economy to spend, but they are also paying more because of higher inflation.

Source: MarketWatch

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