Page 79 - Jeffrey Roach News Today

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.

The hottest inflation in nearly 40 years is starting to weigh on consumers, who pulled back on spending at retail stores in July, the Commerce Department said.

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.

Still, the report contained some positive signs.

Target reported on Wednesday that its profits plunged nearly 90 percent last quarter after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics. 

Despite a robust job market, the U.S. economy shrank in the first half of 2022, raising fears of a potential recession.

WASHINGTON—The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest ...

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.